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.
