BEGIN:VCALENDAR
PRODID:-//commercialrealestate.com.au//NONSGML ical.net 5.2.3//EN
VERSION:2.0
BEGIN:VEVENT
DESCRIPTION:NATIONAL BRAND. LONG-TERM TRADING. MAIN ROAD PROFILE.\nRay Whit
 e Commercial Glen Waverley is pleased to present an outstanding opportunit
 y to secure a commercial investment occupied by KX Pilates\, a recognised 
 national fitness brand\, in Melbourne's sought-after bayside suburb of Men
 tone.\n\nReturning $67\,491.84 per annum plus GST and outgoings\, this app
 roximately 150 sqm ground-floor premises combines established rental incom
 e\, prominent positioning and the appeal of a nationally recognised tenant
  brand.\n\nLocated within the Archer development\, near the major intersec
 tion of Balcombe Road\, Nepean Highway and Warrigal Road\, the property be
 nefits from exposure and convenient connections to surrounding bayside sub
 urbs.\n\nMentone's village shopping precinct\, cafés\, new railway statio
 n and established residential neighbourhoods provide an attractive setting
  for a fitness and wellbeing business. The surrounding mix of families\, p
 rofessionals and apartment residents offers a diverse local customer catch
 ment\, while nearby schools and public transport add to the location's eve
 ryday convenience.\n\nOperating within a national network of more than 100
  Australian studios\, KX Pilates brings recognisable branding\, an establi
 shed fitness offering and the appeal of a familiar name to this bayside in
 vestment.\n\nInvestment highlights:\n• Annual rental income of $67\,491.
 84 plus GST and outgoings\n• Occupied by KX Pilates\, part of a recognis
 ed national studio network\n• Building area of approximately 150 sqm\n
 • Current lease term to January 2028\, with a further five-year option p
 roviding potential tenure to January 2033\n• Market rent review due in J
 anuary 2028\, providing an opportunity to reassess rental levels in line w
 ith the lease\n• Ground-floor premises within the established Archer dev
 elopment\n• Prominent location near Balcombe Road\, Nepean Highway and W
 arrigal Road\n• Convenient access to Mentone railway station\, village s
 hopping\, cafés and surrounding residential neighbourhoods\n• An appeal
 ing combination of existing income\, national brand recognition and baysid
 e location\n\nSecure your position in Melbourne's bayside commercial marke
 t with an income-producing property occupied by an established name in ref
 ormer Pilates.\n\nContact Ray White Commercial Glen Waverley for further i
 nformation or to arrange an inspection.\n\nAll areas are approximate. Leas
 e terms\, rent reviews and outgoings recoveries are subject to the lease. 
 The further term is subject to the tenant exercising its option.
DTEND:20261208T140000
DTSTAMP:20261106T025900Z
DTSTART:20261208T130000
LOCATION:G01/9 Balcombe Road\, Mentone VIC
SEQUENCE:0
SUMMARY:Auction: G01/9 Balcombe Road\, Mentone VIC
UID:CRE-2021307291-Auction
X-ALT-DESC;FMTTYPE=text/html:<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 3.2//EN"><html><head><t
 itle></title></head><body><P DIR=LTR>NATIONAL BRAND. LONG-TERM TRADING. MA
 IN ROAD PROFILE. <br/> Ray White Commercial Glen Waverley is pleased to pr
 esent an outstanding opportunity to secure a commercial investment occupie
 d by KX Pilates\, a recognised national fitness brand\, in Melbourne's sou
 ght-after bayside suburb of Mentone.\n <br/> \n <br/> Returning $67\,491.8
 4 per annum plus GST and outgoings\, this approximately 150 sqm ground-flo
 or premises combines established rental income\, prominent positioning and
  the appeal of a nationally recognised tenant brand.\n <br/> \n <br/> Loca
 ted within the Archer development\, near the major intersection of Balcomb
 e Road\, Nepean Highway and Warrigal Road\, the property benefits from exp
 osure and convenient connections to surrounding bayside suburbs.\n <br/> \
 n <br/> Mentone's village shopping precinct\, cafés\, new railway station
  and established residential neighbourhoods provide an attractive setting 
 for a fitness and wellbeing business. The surrounding mix of families\, pr
 ofessionals and apartment residents offers a diverse local customer catchm
 ent\, while nearby schools and public transport add to the location's ever
 yday convenience.\n <br/> \n <br/> Operating within a national network of 
 more than 100 Australian studios\, KX Pilates brings recognisable branding
 \, an established fitness offering and the appeal of a familiar name to th
 is bayside investment.\n <br/> \n <br/> Investment highlights:\n <br/> •
  Annual rental income of $67\,491.84 plus GST and outgoings\n <br/> • Oc
 cupied by KX Pilates\, part of a recognised national studio network\n <br/
 > • Building area of approximately 150 sqm\n <br/> • Current lease ter
 m to January 2028\, with a further five-year option providing potential te
 nure to January 2033\n <br/> • Market rent review due in January 2028\, 
 providing an opportunity to reassess rental levels in line with the lease\
 n <br/> • Ground-floor premises within the established Archer developmen
 t\n <br/> • Prominent location near Balcombe Road\, Nepean Highway and W
 arrigal Road\n <br/> • Convenient access to Mentone railway station\, vi
 llage shopping\, cafés and surrounding residential neighbourhoods\n <br/>
  • An appealing combination of existing income\, national brand recognit
 ion and bayside location\n <br/> \n <br/> Secure your position in Melbourn
 e's bayside commercial market with an income-producing property occupied b
 y an established name in reformer Pilates.\n <br/> \n <br/> Contact Ray Wh
 ite Commercial Glen Waverley for further information or to arrange an insp
 ection.\n <br/> \n <br/> All areas are approximate. Lease terms\, rent rev
 iews and outgoings recoveries are subject to the lease. The further term i
 s subject to the tenant exercising its option.</P></body></html>
END:VEVENT
END:VCALENDAR