Share this property

Colliers - ADELAIDE

928 North East Road Modbury, SA 5092

Directions

928 North East Road,
Modbury, SA 5092

Offices • Shop & Retail

Price information

Sold

Contact Agent

Key property information

Land area

Floor area

Tenure type

Sold on

Colliers - ADELAIDE

Colliers - ADELAIDE

Level 9, 121 King William Street
ADELAIDE, SA 5000
+61 422 154 5...
Colliers - ADELAIDE
928 North East Road
Modbury, SA 5092

Map of 928 North East Road

Directions

A Landmark Investment

  • 3 individual buildings of 1,388 sqm*
  • 4,141 sqm* site with expansive frontage
  • Valuable urban core zoning
Colliers International is delighted to offer for sale 928 North East Road, Modbury SA.

The property provides an opportunity to acquire a landmark office complex offering genuine value-add potential through repositioning its exclusive built form or through rental uplift.

Key features of this offering include:
• Substantial improvements of approximately 1,388sqm across three separate buildings.

• Leased to prominent Adelaide businesses in Stunning Homes, Person-Centred Training, People Come First Inc and Minda Inc.

• Estimated fully leased net income of approximately $205,777 per annum (imputed) with potential for future income growth through refurbishment.

• Estimated passing net income of $191,077 per annum plus GST.

• Extensive site area of approximately 4,141sqm with a combined frontage of 74.06 metres to North East Road and Smart Road.

• Urban core zoning allowing development of up to 5 levels (STCC).

• Outstanding location adjoining to Modbury Medical and Dental Centre and within close proximity to Westfield Tea Tree Plaza, Adelaide O’Bahn Interchange, Modbury Hospital and GP Plus Super Clinic as well as TAFE SA.

For Sale by Private Treaty – offers in excess of $2,750,000

To arrange an inspection or for more information please contact Colliers International as the exclusive selling agents:

Tom Isaksson +61 422 154 570
Oliver Totani +61 412 808 743
Jack Dyson +61 448 685 593

Property ID: 502957618Last Updated: 21 Apr 2020

Agency contacts

Colliers - ADELAIDE
Level 9, 121 King William Street
ADELAIDE, SA 5000
View agency profile

More properties from Colliers - ADELAIDE

Other properties you might be interested in based on the location and property type you are looking at.
progress tick

Sending email...

Email enquiry

Tom Isaksson

Send to:

Tom Isaksson
Colliers - ADELAIDE
928 North East Road Modbury, SA 5092

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

Select agent to call