970 North East RoadModbury SA 5092
Property Details for 970 North East Rd, Modbury
Last Listing description (November 2025)
RWC Adelaide is delighted to present for sale 970 North East Road, Modbury SA, offered by way of Public Auction.
Perfectly positioned at the major intersection of North East Road and Reservoir Road, the property is the cornerstone to the surrounding retail precinct.
Key investment features:
- Located within a key retail precinct, anchored by the Modbury Triangle Shopping Centre and Westfield Tea Tree Plaza
- Long standing bank location, with ASX-listed tenant Bendigo Bank in occupation for over 25 years
- Prime 471sqm* corner allotment fronting the major intersection of North East Road and Reservoir Road which boasts over 41,500 daily passing vehicles
- Tenant has recently undertaken a significant refurbishment of the 216sqm* tenancy
- Tenant pays all outgoings including Land Tax (single holding) and Property Management
- Inner metropolitan location only 15km* northeast of the Adelaide CBD
- Estimated net income of $136,200 per annum plus GST
- No Stamp Duty or GST applicable
970 North East Road, Modbury SA is offered for sale by Public Auction to be held on-site on Friday 28th November at 11am (USP).
For further information on this excellent investment opportunity, please contact the RWC Adelaide team.
*Approx.
Property History for 970 North East Rd, Modbury, SA 5092
- 28 Nov 2025Sold for $2,785,000
- 24 Oct 2025Listed for Sale Contact listing agent
- 04 Mar 2022Listed for Sale Contact Agent
Recent sales nearby
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About Modbury 5092
The size of Modbury is approximately 3.3 square kilometres. It has 18 parks covering nearly 16.5% of 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 2,856 properties. Over the last 5 years, Houses in Modbury have seen a 99.28% increase in median value, while Units have seen a 116.50% increase. As at 31 October 2025:
- The median value for Houses in Modbury is $822,330 while the median value for Units is $599,801.
- Houses have a median rent of $600 while Units have a median rent of $650.
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