Retail

933-945 North East Road, Modbury (Bunnings)

933-945 North East Road Modbury, SA Australia 5092

Asking Price Contact for pricing

NOI Net Operating Income N/A

Cap Rate N/A

Asking Price Contact for pricing

NOI Net Operating Income N/A

Cap Rate N/A

Attributes

Building Area
Land Area

Property Description

JLL is proud to offer Bunnings Modbury, 933-945 North East Road to the market.

The property is securely leased to Bunnings Group, a wholly owned subsidiary of Wesfarmers Limited and represents an outstanding investment grade asset in a tightly held retail and commercial market.

Key features include:

Net Passing Income of $1.474m* per annum
12 year lease commenced October 2013
Fixed 3% annual increases
100% leased to Bunnings Group Limited
GLA 8,055* sqm
Expansive 14,840* sqm site

For more information or to arrange an inspection of the property, please contact the exclusive selling agents.

RLA 1842

*Approx.

Investment Highlights

Net Passing Income of $1.432m* per annum

12 year lease commenced October 2013

Fixed 3% annual increases

Last Updated Date: 28 Oct 2020

Ben Parkinson

Managing Director – South Australia

+6498849702

Jamie Guerra

Head of Industrial & Logistics - Australia

+6498849702

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Last Updated Date: 28 Oct 2020