overview

  • 1P3693
  • Offices
  • For Sale
  • 2113 sqm
  • 3159 sqm
  • 4.5

Description

Owner Occupier / Reposition Investment - Leased to Commonwealth of Australia
- 2,113 sqm* building area
- Estimated net rental income of $625,490*
- 4.5 star NABERS rating
- No Stamp Duty payable

McGees Property are favoured with instructions to sell 96 Reservoir Road, Modbury.

96 Reservoir Road is currently leased to The Commonwealth of Australia. The property is situated within the exciting Modbury precinct and located directly adjacent Modbury Hospital, Westfield Tea Tree Plaza and in close proximity to the Adelaide O-Bahn.

Key features of the property include:
- Estimated net rental of $625,490*
- Leased to The Commonwealth of Australia expiring January 2025
- No further options to renew
- Longstanding tenant since 2010
- Building area of 2,113 sqm*
- 4.5 star NABERS rating
- Rental increased annually by 3% and to Market at renewal
- 90 on-site car parks
- Land area of 3,159 sqm*

For further details or to arrange an inspection of 96 Reservoir Road, Modbury which is strictly by appointment with the selling agent only, please contact James Juers or Phillip Joncheff of McGees Property (RLA 1722)

(* approx. Any outlines indicative only)

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