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Modbury Triangle Shopping Centre Portfolio 940 North East Road
Modbury SA 5092
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Sold on 3 Apr 2023

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).

EXPRESSION OF INTEREST

Closing date and time11/08/2022 15:00
Recipient nameAsk Agent
Delivery addressColliers Adelaide
Colliers International Adelaide
Colliers International Adelaide
Level 9, 121 King William Street
Adelaide, SA 5000

Property Highlights

Date Sold3 Apr 2023
Floor AreaAsk Agent
Land Area4 ha
ParkingAsk Agent
Property ID2017913380
Category
Last updated  19 Apr 2023
Map for Modbury Triangle Shopping Centre Portfolio 940 North East Road Modbury SA 5092
Colliers International Adelaide
Colliers International Adelaide
Level 9, 121 King William Street
Adelaide, SA 5000

Property Highlights

Date Sold3 Apr 2023
Floor AreaAsk Agent
Land Area4 ha
ParkingAsk Agent
Property ID2017913380
Category
Last updated  19 Apr 2023

Co-Agents

Jordan Schmidt
Jordan Schmidt
Colliers International Adelaide
Call
+61403422762
Paul Van-Reesema
Paul Van-Reesema
Colliers International Adelaide
Call
+61 412 806 994
Alistair Mackie
Alistair Mackie
Colliers International Adelaide
Call
+61 412 817 977

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

Modbury Triangle Shopping Centre Portfolio 940 North East Road Modbury SA 5092 is categorized as Shop & Retail Property. It has a land area of 4 ha. The listing ID for this property is 2017913380.

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