Burgess Rawson from CBRE are delighted to offer to market 'Fitstop' at 1-3/364-368 Horseshoe Bend Road, Armstrong Creek (Geelong) VIC for sale via Investment Portfolio Auction 178.
The property has the following key investment highlights:
+ New Eight (8) Year lease to November 2032 plus Two (2) further Five (5) Year options to 2042.
+ Fitstop: 150+ locations across Australia, New Zealand, Singapore, and the U.S.
+ Prime 245sqm* premises with a significant tenant funded fit-out.
+ Attractive, fixed 3.5% annual rent increases, ensuring rental growth.
+ Landlord favourable net lease terms with tenant responsible for usual outgoings.
+ New construction, providing significant tax saving depreciation benefits.
+ Situated in a booming growth location between Geelong and Torquay with population forecast to increase 70% to 28,315 by 2046.(1)
+ Strategic position amongst the Ashbury Estate (296 homes), future sporting precinct, primary school and in between major connectivity links to Geelong and the Surf Coast with Surf Coast Highway and Barwon Heads Road within 1.5km.*
+ Only 1.5km from the Armstrong Creek Town Centre, incorporating Coles, McDonald's, Carl's Jr, Red Rooster, KFC, Dan Murphy's and more.
+ Armstrong Creek: high-growth suburb central to Geelong, the Bellarine and the Surf Coast.
+ Potential 50% Stamp Duty savings.
+ Net Income: $93,109 pa* + GST.
To be sold via Investment Portfolio Auction 178
10:30am AEST Wednesday 6 August 2025
Garden Room, Crown Casino, Melbourne
* Approx
(1) Forecast.id