981 North East Road,
Modbury, SA 5092
Shops & Retail
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Colliers - ADELAIDE
Level 9, 121 King William StreetADELAIDE, SA 5000
981 North East Road
Modbury, SA 5092
Map of 981 North East Road
Fantastic Value Add Opportunity
- Total NLA of 625sqm*
- Valuable holding income of $42,504pa
- 16 onsite car parks
3/981 North East Road, Modbury represents a rare and flexible opportunity for owner occupiers and investors in the heart of the Modbury retail, commercial and medical precinct.
The 625 square metre building is partially tenanted by Solomon Flooring, offering the opportunity for growing businesses to occupy a portion of the building and benefit from holding income, or a strategic value add opportunity for astute investors.
Just a short walk to Westfield Tea Tree Plaza, Modbury Triangle Shopping Centre, Bunnings Modbury, Modbury Medical Clinic, Modbury Hospital and a multitude of other national brands, the location benefits from huge retail and commercial attraction.
With significant exposure to North East Road, the property also offers easy accessibility from the surrounding road network and high volumes of passing traffic.
Key attributes:
• Large NLA of 625 square metres*
• High profile location in the ‘Modbury Triangle” just 15km from Adelaide CBD
• Exposure to one of Adelaide’s busiest arterial roads.
• Valuable holding income of $42,504 per annum
• 16 onsite car parks
*approx.
For sale by Expressions of Interest, closing Thursday 12th August at 3pm (ACST).
To arrange an inspection or for more information please contact Colliers exclusive selling agents.
The 625 square metre building is partially tenanted by Solomon Flooring, offering the opportunity for growing businesses to occupy a portion of the building and benefit from holding income, or a strategic value add opportunity for astute investors.
Just a short walk to Westfield Tea Tree Plaza, Modbury Triangle Shopping Centre, Bunnings Modbury, Modbury Medical Clinic, Modbury Hospital and a multitude of other national brands, the location benefits from huge retail and commercial attraction.
With significant exposure to North East Road, the property also offers easy accessibility from the surrounding road network and high volumes of passing traffic.
Key attributes:
• Large NLA of 625 square metres*
• High profile location in the ‘Modbury Triangle” just 15km from Adelaide CBD
• Exposure to one of Adelaide’s busiest arterial roads.
• Valuable holding income of $42,504 per annum
• 16 onsite car parks
*approx.
For sale by Expressions of Interest, closing Thursday 12th August at 3pm (ACST).
To arrange an inspection or for more information please contact Colliers exclusive selling agents.
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Property ID: 503869706Last Updated: 28 Oct 2021
Colliers - ADELAIDELevel 9, 121 King William Street
ADELAIDE, SA 5000
ADELAIDE, SA 5000
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Modbury Triangle Shopping Centre Portfolio 940 North East Road,Modbury, SA 5092 15697 m²Shops & Retail