Services Australia Customer Centre

96 Reservoir Rd Adelaide Unit Trust

  • “Services Australia Customer Centre” –

    96 Reservoir Rd Adelaide Unit Trust

    • 2,000m2 net lettable area;

    • 90 car parks (1 : 22m2); and

    • Located in major retail and health precinct.

  • 96 Reservoir Rd, Modbury, South Australia.

  • Acquisition in July 2024 for $8,500,000
    (excl. GST).

    8.27% Net Passing Yield on Fully Leased Income.

  • $3,612,500 (based on 42.50% LVR).

    Forecast Average Interest Rate - 6.15% p.a. in Year 1.

  • Forecast distributions (paid monthly):

    • Year 1 (6 July 2024 - 30 June 2025):
      8.00% p.a. (annualised); and

    • Year 2 (1 July 2025 – 30 June 2026):
      8.75% p.a.

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Multi-Tenanted Large Format Retail Centre