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Colliers - ADELAIDE

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

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

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Colliers - ADELAIDE
Paul Van-Reesema
Jordan Schmidt
Alistair Mackie

Colliers - ADELAIDE

Level 9, 121 King William Street
ADELAIDE, SA 5000
Colliers - ADELAIDE
Modbury Triangle Shopping Centre Portfolio 940 North East Road
Modbury, SA 5092

Map of Modbury Triangle Shopping Centre Portfolio 940 North East Road

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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, 940 North East Road, Modbury
• 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% 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).

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Property ID: 504107391Last Updated: 25 May 2023

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