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DESCRIPTION:New 10 Year Net Lease - Global Fitness Giant Snap Fitness\nCBR
 E is pleased to offer to the market\, 'Snap Fitness' Tenancy 1 (Lot 2)\, 
 260 Highlander Drive Craigieburn VIC for sale via our Auction Investment 
 Portfolio 185.\n\n+ New 10 year lease to April 2036 plus options to 2046.
 \n+ Snap Fitness: International health and fitness chain currently operat
 es more than 1\,000 clubs globally across 17 countries\, with 290 clubs a
 cross Australia servicing 250\,000+ members.\n+ Fixed 3.75% annual rent i
 ncreases\, assuring future rental growth.\n+ Landlord-favourable net leas
 e with the tenant responsible for all usual outgoings.\n+ Substantial 516
 *sqm premises with the brand new 'capital intensive' corporate tenant fit
 -out.\n+ New 2026 construction providing excellent tax saving depreciatio
 n benefits.\n+ Single tenant\, minimum management investment\n+ High prof
 ile corner position neighbouring the newly constructed Craigieburn Villag
 e Shopping Centre anchored by Coles Supermarket and Liquorland\, and furt
 her supported by childcare\, I Love Dumplings\, beauty bar\, pizza\, chir
 opractor\, direct chemist outlet\, Blue Hippo laundry\, cafes and more.\n
 + Craigieburn: established yet rapidly growing suburb in Melbourne's boom
 ing northern growth corridor with population forecast to increase 21% to 
 96\,000 by 2046.\n+ Hume City Council: Population 285\,384 (2026) forecas
 t to grow a massive 66% to 411\,000 by 2046.\n+ Net Income: $217\,350pa* 
 + GST.\n\n\nTo be auctioned as part of CBRE Investment Portfolio Auction 
 185\n10.30am AEST Wednesday 24th June 2026\nGarden Room\, Crown Casino Me
 lbourne.\n\n\nInterstate bidding available by prior arrangement.\n\n\nFor
  information on other investment opportunities in the campaign\, please s
 ee:\nhttp://www.investmentportfolioauction.com.au/185\n\n*approx\n** gap 
 maps
DTEND:20260624T113000
DTSTAMP:20260527T070823Z
DTSTART:20260624T103000
LOCATION:Crown Casino - Melbourne
SEQUENCE:0
SUMMARY:Auction: 1/260 Highlander Drive\, Craigieburn VIC
UID:CRE-2020873146-Auction
X-ALT-DESC;FMTTYPE=text/html:<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 3.2//EN"><html><head><
 title></title></head><body><P DIR=LTR>New 10 Year Net Lease - Global Fitn
 ess Giant Snap Fitness <br/> CBRE is pleased to offer to the market\, 'Sn
 ap Fitness' Tenancy 1 (Lot 2)\, 260 Highlander Drive Craigieburn VIC for 
 sale via our Auction Investment Portfolio 185. <br/>  <br/> + New 10 year
  lease to April 2036 plus options to 2046. <br/> + Snap Fitness: Internat
 ional health and fitness chain currently operates more than 1\,000 clubs 
 globally across 17 countries\, with 290 clubs across Australia servicing 
 250\,000+ members. <br/> + Fixed 3.75% annual rent increases\, assuring f
 uture rental growth. <br/> + Landlord-favourable net lease with the tenan
 t responsible for all usual outgoings. <br/> + Substantial 516*sqm premis
 es with the brand new 'capital intensive' corporate tenant fit-out. <br/>
  + New 2026 construction providing excellent tax saving depreciation bene
 fits. <br/> + Single tenant\, minimum management investment <br/> + High 
 profile corner position neighbouring the newly constructed Craigieburn Vi
 llage Shopping Centre anchored by Coles Supermarket and Liquorland\, and 
 further supported by childcare\, I Love Dumplings\, beauty bar\, pizza\, 
 chiropractor\, direct chemist outlet\, Blue Hippo laundry\, cafes and mor
 e. <br/> + Craigieburn: established yet rapidly growing suburb in Melbour
 ne's booming northern growth corridor with population forecast to increas
 e 21% to 96\,000 by 2046. <br/> + Hume City Council: Population 285\,384 
 (2026) forecast to grow a massive 66% to 411\,000 by 2046. <br/> + Net In
 come: $217\,350pa* + GST. <br/>  <br/>  <br/> To be auctioned as part of 
 CBRE Investment Portfolio Auction 185 <br/> 10.30am AEST Wednesday 24th J
 une 2026 <br/> Garden Room\, Crown Casino Melbourne. <br/>  <br/>  <br/> 
 Interstate bidding available by prior arrangement. <br/>  <br/>  <br/> Fo
 r information on other investment opportunities in the campaign\, please 
 see: <br/> http://www.investmentportfolioauction.com.au/185 <br/>  <br/> 
 *approx <br/> ** gap maps</P></body></html>
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