201 Balaclava Road Caulfield North VIC 3161

Axis Property is delighted to offer 201 Balaclava Road, Caulfield North for Auction on Friday 28th May @ 11:00 am.

A unique opportunity to secure a long term gym investment within one of Melbourne's top-performing suburbs and in the heart of Caulfield Junctions Office precinct.

Key attributes of this outstanding property include:

+ Fully leased to Anytime Fitness Caulfield
+ Returning $157,571.19 p.a. (1st Nov 2021)
+ Annual 3% increases providing strong income growth
+ Securely leased on a 10 years
+ Lease commenced Sept 2017.
+ Two (2) further 5 years options
+ Offering an expansive space of 501 sqm*
+ High quality fit-out
+ Surrounded by parklands, retail shops, transport amenity while providing easy access to the Melbourne CBD via Dandenong Rd and Caulfield train station.

Anytime Fitness has firmly established its foothold in the Australian market with over 500+ franchise locations across the country and over 4000 sites globally.

This is a very rare investment opportunity of a two storey freehold property in a high profile location with a strong lease covenant.

On Site Auction 28th May 2021 @ 11.00am

For further information, please contact the exclusive sales and marketing agents at Axis Property:

Daniel Liberman 0438 333 666
Edmond Yeong 0477 444 318
Joseph Nachmani 0488 777 919