Auction On Site 1pm Friday the 14th of August
Registrations Commencing From 12.45pm
Welcome to 66a Reservoir Road, A Place showcasing a rare opportunity of two shop fronts on one title, spread across 849m2 of land under Local Activity Centre Zoning.
Benefiting from extensive frontage and exposure to 18000* passing cars daily, this site occupies a tightly held commercial precinct perfectly situated just moments from Tea Tree Plaza & Modbury Hospital
Shop 1 comes equipped as a ready to occupy Salon with vacant possession, whilst Shop 2 reflects a long-standing Food Business currently paying $33,200 per annum gross.
Place Overview:
- Two Shopfronts on One Title
- Front & Rear Parking Options
- Shop 1 Showcasing Renovated Salon Fit Out
- Shop 2 Displaying Established Restaurant
- Partially Leased Investment Generating $33,200 P/A Gross
- Local Activity Centre Zoning
- 220m2 of Building Area
- 849m2 of Land
A place showcasing endless options for those looking to occupy, invest or re-develop, contact Jeremy Marrollo on 0435 882 333 or David Paladino on 0421 649 25 today for further information.
* All areas/dimensions are approximate
* According to SA Government Traffic Volume Data
The size of Modbury is approximately 3.3 square kilometres. There are 18 parks, covering nearly 16.5% of the total area. The population of Modbury in 2016 was 5245 people. By 2021 the population was 5593 showing a population growth of 6.6% in the area during that time. The predominant age group in Modbury is 20-29 years. Households in Modbury are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Modbury work in a professional occupation.In 2021, 62.70% of the homes in Modbury were owner-occupied compared with 64.90% in 2016.
Modbury has 2,886 properties. Over the last 5 years, Houses in Modbury have seen a 99.17% increase in median value, while Units have seen a 111.41% increase. As at 31 July 2026:
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