Services Australia Customer Centre
96 Reservoir Rd Adelaide Unit Trust
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“Services Australia Customer Centre” –
96 Reservoir Rd Adelaide Unit Trust
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2,000m2 net lettable area;
90 car parks (1 : 22m2); and
Located in major retail and health precinct.
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96 Reservoir Rd, Modbury, South Australia.
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Acquisition in July 2024 for $8,500,000
(excl. GST).8.27% Net Passing Yield on Fully Leased Income.
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$3,612,500 (based on 42.50% LVR).
Forecast Average Interest Rate - 6.15% p.a. in Year 1.
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Forecast distributions (paid monthly):
Year 1 (6 July 2024 - 30 June 2025):
8.00% p.a. (annualised); andYear 2 (1 July 2025 – 30 June 2026):
8.75% p.a.