Auction on-site 8th Aug at 12pm (USP)
Positioned in the heart of Modbury's thriving activity centre, this outstanding 690sqm (approx.) landholding with an impressive 19.8-metre frontage presents a rare and highly versatile opportunity for investors, developers and commercial operators seeking to capitalise on one of Adelaide's most strategic growth locations.
Zoned Urban Activity Centre, the property offers exceptional flexibility and future potential, with scope for a range of residential, commercial or mixed-use development outcomes (subject to the necessary consents). Whether you're looking to develop immediately, landbank for the future or establish a commercial presence in a high-exposure location, this is an opportunity that demands attention.
Adding further appeal, the property is currently leased on a periodic tenancy at $400 per week, providing immediate holding income while future plans are considered.
The location is second to none. Situated adjacent to valuable parklands and just moments from Tea Tree Plaza, the O-Bahn Interchange, quality schools, medical facilities and major transport links, the property is perfectly positioned to benefit from continued investment and growth throughout the north-eastern corridor.
Families will appreciate the sought-after school zoning for Modbury High School, while commuters will enjoy convenient access to the Adelaide CBD, located approximately 12 kilometres away.
Features you'll love:
• Prime 690sqm (approx.) allotment
• Wide 19.8m frontage (approx.)
• Zoned Urban Activity Centre
• Outstanding development potential (STCC)
• Potential for mixed-use or commercial development (STCC)
• Periodic tenancy returning $400 per week
• Adjacent to established parklands
• Zoned for Modbury High School
• Minutes from Tea Tree Plaza and major retail precincts
• Close to the O-Bahn Interchange for easy city access
• Approximately 12km from the Adelaide CBD
• Exceptional opportunity for investors, developers and commercial buyers
Opportunities of this scale, flexibility and location are increasingly difficult to secure. Whether you're seeking your next development project, a strategic investment or a site with long-term upside, this premium Modbury offering is one not to be missed.
All the information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans, and size, building age, and condition). Interested parties should make their own inquiries and obtain their own legal advice.
RLA 309533
