Overview

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 reviewsUnit 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.

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