Added today
2/979 North East Road,
Modbury, SA 5092
Medical & Consulting • Offices • Shops & Retail
Added today
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RWC Adelaide - ADELAIDE
Level 1, 2 Ebenezer PlaceADELAIDE, SA 5000
2/979 North East Road
Modbury, SA 5092
Map of 2/979 North East Road
Tram stops within 5 km of 2/979 North East Road, Modbury, SA 5092 Distance Stop 41 North East Rd-West Side 394 m POWERED BY HERE ©Bus stops within 5 km of 2/979 North East Road, Modbury, SA 5092 Distance 42 North East Rd - South Side 100 m 45 Reservoir Rd - West Side 231 m 43s smart Rd - North Side 235 m 26 Montague Rd - South Side 340 m 41 North East Rd - North East Side 351 m POWERED BY HERE ©
POWERED BY HERE ©
A Healthy Investment in the Heart of Modbury
- Leased to Adelaide Cardiology
- 16 valuable onsite car parks
- High-quality cardiology practice
RWC Adelaide are pleased to present to market Unit 2, 979 North East Road, Modbury, offered by way of Public Auction.
Strategically positioned along one of Adelaide's busiest arterial roads, this premium main road property sits in the heart of the north eastern retail and healthcare precinct, offering exceptional exposure and long-term investment security.
The property is leased to Adelaide Cardiology, operating under the banner of Advara HeartCare, recognised as Australia's largest cardiac care provider.
Close proximity to Modbury Hospital, which has recently undergone significant upgrades, reinforcing the precinct as a key healthcare destination for Adelaide's north eastern corridor.
Investment highlights:
• Leased to Adelaide Cardiology through to 2030 with a further 5 year option
• Est net Income of $190,563.50 + GST pa*
• High-quality cardiology practice of some 419 sqm*
• 16 valuable onsite car parks
• A hands free investment: Lessee responsible for management fees
• Income growth guaranteed by annual CPI rent reviews
Unit 2, 979 North East Road, Modbury is offered to market by way of Public Auction, to be held onsite on Thursday the 19th of March at 11am (ACDT)
For further information, please contact the exclusively listed agents at RWC Adelaide.
Strategically positioned along one of Adelaide's busiest arterial roads, this premium main road property sits in the heart of the north eastern retail and healthcare precinct, offering exceptional exposure and long-term investment security.
The property is leased to Adelaide Cardiology, operating under the banner of Advara HeartCare, recognised as Australia's largest cardiac care provider.
Close proximity to Modbury Hospital, which has recently undergone significant upgrades, reinforcing the precinct as a key healthcare destination for Adelaide's north eastern corridor.
Investment highlights:
• Leased to Adelaide Cardiology through to 2030 with a further 5 year option
• Est net Income of $190,563.50 + GST pa*
• High-quality cardiology practice of some 419 sqm*
• 16 valuable onsite car parks
• A hands free investment: Lessee responsible for management fees
• Income growth guaranteed by annual CPI rent reviews
Unit 2, 979 North East Road, Modbury is offered to market by way of Public Auction, to be held onsite on Thursday the 19th of March at 11am (ACDT)
For further information, please contact the exclusively listed agents at RWC Adelaide.
Additional information
External websites
Modbury, 5092 demographic data
The median household income for Modbury is $1,342, 13% lower than Greater Adelaide's household income of $1,548. Modbury has a younger age profile compared to the rest of Greater Adelaide (median age 37 vs 39). Property ownership data shows 49% of property owners in Modbury have a mortgage.
5,593
Population
$1,342 per week
Median household income
37 years
Median age
Owners
Most residents
Families
Most households
RWC Adelaide - ADELAIDELevel 1, 2 Ebenezer Place
ADELAIDE, SA 5000
ADELAIDE, SA 5000
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