CLARK Commercial presents an exceptional investment opportunity at Lot 13/5-7 Lavelle Street, Nerang QLD 4211. This prime property is strategically located in the thriving business and retail precinct of Nerang, offering excellent exposure and advantageous positioning. With Fitstop, an international fitness franchise, as the tenant, this property presents a promising investment prospect. CLARK Commercial have received instructions to sell this asset via private treaty, seeking 1.55M or nearest offer.
Property Highlights:
• Prime location, ground floor, corner position
• Annual Average Daily Traffic (AADT) of over 25,000* vehicles passing a day
• Spacious unit spanning 315*m2
• Approx. 36* metres of street frontage with high visibility
• Situated within a larger complex with a total site area of 2,036*m2
• Lease to Fitstop, an international fitness franchise
• Additional ATM lease in place
• Lease term of 5 years with 2 sets of 5 years options thereafter
• Net income: $103,703* per annum
• Fitstop lease includes 3% annual increases
Facility Features:
• Custom 3 Cell Cable Rig and Fitstop Floating Wall Frames for advanced programming.
• Shower facilities for client use.
• Dedicated kids' corner for parents' peace of mind.
• Immaculate fit-out showcasing significant tenant investment (costing the tenant plus $100,000)
Video Tour:
• To explore the Fitstop Nerang facility, watch the following video: (https://www.youtube.com/watch?v=LCtvGPeZzRI)
For Sale via Private Treaty:
• Seeking 1.55M or nearest offer
• Contact exclusive agent Ryan Chandler for further details.
Don't miss out on this exciting investment opportunity! For further details, please contact exclusive listing agent Ryan Chandler at 0415 805 277.
Disclaimer: We have in preparing this information used our best endeavor to ensure that the information contained herein is true and accurate and accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracy or misstatements that may occur. Prospective vendors, purchases and tenants should make their own enquiries to verify the information contained herein.
