- Current Lease until 11th December 2024 - Tenant trading on site since December 2016 - Adjacent to Wattle Grove Shopping Centre - Near new building - National blue chip Tenant - 462m2 building area - 910m2 land area - Passing Rent $144,000 + GST (Gross) - $15,265 + GST outgoings estimate for 19/20 FY - Annual Rent Reviews Fixed 3.5% - Lease Option of Five (5) Years
Enjoy the confidence of owning this near new asset adjacent to the Wattle Grove Shopping centre, whose Tenants include Aldi, Wattle Grove Medical Centre, Discount Chemist, Le Bon Bakehouse, Pastacup and more, with the security of the well regarded national Plus Fitness brand.
After successfully serving an initial three (3) year term, the Plus Fitness Franchisee has committed to a further term of five (5) years, endorsed by the continuation of a strong membership base.
With no shortage of dedicated parking bays (approximately 18 bays) and many more additional common parking bays, the already strong membership base has the capability to further grow.
For more information please call Patrick Heenan or Anthony Morabito of Altegra Property Group
Commercial Real Estate & Valiant have pulled some useful resources to help you on your journey. Kick things off with our commercial loan calculator to see estimated repayments.
Purchase price
$
1,234,567
Deposit available
$
123,456
Loan term
30
years
Interest rate
3.00
%
repayments
$0/month*
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