Modbury Triangle Shopping Centre Portfolio 940 North East Road Modbury SA 5092

Shop & Retail
4 ha
Sold

High Profile Portfolio With Significant Value Add Potential

Massive land holding of 3.99ha*
84%* of portfolio leased
8.8% in advanced negotiations

Situated approximately 15km* northeast of the Adelaide CBD, the Modbury Triangle Shopping Centre is strategically located within the flourishing north eastern growth corridor of Adelaide.

Comprising of 7 quality assets, the opportunity is underpinned by an established neighbourhood shopping centre with immediate value add potential & inherent development potential.

Properties include:
Modbury Triangle Shopping Centre
116 Reservoir Road, Modbury
108 Reservoir Road, Modbury
964 North East Road, Modbury
952 North East Road, Modbury
32 Smart Road, Modbury
12 Smart Road, Modbury

Key property features include:
Land area: Aggregate site area for the portfolio 39,933sqm (3.99ha)*
Lettable area: Aggregate NLA for the Portfolio 15,697sqm*
Portfolio vacancy: 16.34% 16.34% with 8.8% in advanced negotiation
Car parks: 680*
Zoning: All assets within the portfolio are zoned Urban Activity Centre within the City of Tea Tree Gully

This exceptional portfolio opportunity is being exclusively marketed by Colliers through a National Expressions of Interest (EOI) campaign closing Tuesday 13 December 2022 at 12pm (ACDT).