Main-Road Investment Underpinned by Secure Income

Modus Property Group is pleased to present 45 – 53 South Pine Road, Brendale to the market for sale.

This significant opportunity is comprised of the following key features:

■ Located in one of the Northern corridor’s most desirable and undersupplied market

■ Opportunity to purchase for below replacement cost in an incredibly tight land market with less than 1% vacancy

■ Securely leased to Modern Star, a market leading digitally enabled e-commerce provider ofeducational resources

■ Substantial improvements totalling 18,255sqm*, ideally suited to Modern Star Group’s operational requirements

■ Irreplaceable 26,910sqm* main-road landholding with dual street access

■ Passing rent of $113/sqm* net, considerably below fair market parameters providing scope for future positive rentalreversion

■ Rent reviews linked to greater of CPI or 2.50% providing strong rental growth in high inflation environment

■ Potential for higher and better use given proximity to growing residential population and flexible MIBA Zoning

For a detailed information package or to arrange an inspection, please contact the Exclusive Agents at Modus Property Group.