The YMCA has become available for investors looking for a solid commercial investment. The property is currently leased at $181,959 per annum (net), with the current lease expiring on 2nd April 2019, and with a further 3-year option.
Located on land of 5,037sqm, the modern 1,841sqm building (including a 268sqm mezzanine) contains a 25-metre heated indoor swimming pool, a hydro pool, gym, cardio room, other fitness areas, change rooms, and a café. The property is zoned Industrial 3 and has extensive parking for around 80 cars.
Features at a glance include:
• Rental of $181,959 PA (net) wit...