Sold
2/979 North East Road,
Modbury 5092, South Australia
Price withheld
Property details
-
Agents
A Healthy Investment in the Heart of Modbury
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.
Explore the area
Find out how much home loan repayments will be
It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.
Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.
Photos
Contact Harry Einarson
Contact Harry Einarson
Harry Einarson
2/979 North East Road, Modbury SA 5092
Request a callback
Harry Einarson
2/979 North East Road, Modbury SA 5092