RWC Adelaide is delighted to present for sale 970 North East Road, Modbury SA, offered by way of Public Auction.<br/><br/>Perfectly positioned at the major intersection of North East Road and Reservoir Road, the property is the cornerstone to the surrounding retail precinct.<br/><br/>Key investment features:<br/>- Recently renewed 5 + 5 + 5 year to Bendigo Bank Limited<br/>- Located within a key retail precinct, anchored by the Modbury Triangle Shopping Centre and Westfield Tea Tree Plaza<br/>- Long standing bank location, with ASX-listed tenant Bendigo Bank in occupation for over 25 years<br/>- Prime 471sqm* corner allotment fronting the major intersection of North East Road and Reservoir Road which boasts over 41,500 daily passing vehicles<br/>- Tenant has recently undertaken a significant refurbishment of the 216sqm* tenancy<br/>- Tenant pays all outgoings including Land Tax (single holding) and Property Management<br/>- Inner metropolitan location only 15km* northeast of the Adelaide CBD<br/>- Estimated net income of $136,200 per annum plus GST<br/>- No Stamp Duty or GST applicable<br/><br/>970 North East Road, Modbury SA is offered for sale by Public Auction to be held on-site on Friday 28th November at 11am (USP).<br/><br/>For further information on this excellent investment opportunity, please contact the RWC Adelaide team. <br/><br/>*Approx.
