Gunning Commercial is pleased to offer for sale by private treaty this fantastic retail investment opportunity with a long term lease to National Franchise, Plus Fitness.
Plus Fitness Health Clubs is an Australian owned and operated group of independent gyms. Establishing themselves as Australia's most progressive Fitness Industry Franchise in 2010, they have gone from strength to strength in their 14 years of operation. They are also a proud member of the Franchise Council of Australia.
This investment opportunity is located within Collins On Bourke, the most desirable hybrid development in the greater South Sydney market. Developed by HSF Property Developments and The Pepper Group,this state-of-the-art 21,500sqm building has been designed to cater to an exciting mix of retail, light industrial and commercial business.
This premium showroom has valuable exposure to the Bourke Road and Huntley Street intersection, includes high clearance access and ceiling height for hassle free operations. With an abundance of natural light, underground secure customer parking and rear loading docks - it's not hard to see why it's considered the jewel of Bourke Road showrooms.
Property Particulars:
Net income $192,000 p.a + GST
Tenancy size 427sqm approx
Rear roller door access to onsite parking
Long term lease (9 years plus 5 year option)
Landmark buildings
In Alexandria's creative hub
Three (3) car parks on title
Fixed 3.5% increases for future growth
Call us today for a property report or to arrange an inspection.
William Gunning
M: 0413 610 194
E: wg@gunningcommercial.com
Tom Speakman
M: 0412 891 330
E: ts@gunningcommercial.com
