Burgess Rawson are delighted to present to market the Sweat Shop at 46-48 and 107/44 Ryrie Street, Geelong VIC for sale via Investment Portfolio Auction 168. This investment has the following key highlights: + New Ten (10) year lease to 2034 plus option to 2039. + Sweatshop: Established and popular fitness chain with thriving business location in Armadale offering a unique training model and world – class training facilities. + Expansive 719 sqm* premises with dual level access and brand – new fit-out over two titles. + Prestigious Ryrie Street locale, within Geelong’s largest and newest $200M mixed use project ‘ Geelong Quarter’ which includes 124 residential apartments and 180-room hotel – The Holiday Inn & Suites. + Fixed, annual 3% rent increases. + Landlord desirable net lease structure with tenant paying all usual outgoings. + New construction providing maximum tax saving depreciation benefits. + Single tenant minimum management investment + Surrounded by Important infrastructure including Deakin University (4,000 + full-time students), The Gorden Geelong, Geelong Railway Station, Westfield Geelong (7.2 million visits) and the Market Square Shopping Centre. + City of Greater Geelong: Booming location with population forecast to grow 37% to 396,302 residents by 2041. (1) + Strong investment into major projects within the city of Greater Geelong with over 161 projects either proposed, recently completed, commenced or approved projects totalling $13.4 billion. (2) + Trade through the Geelong Port, Victoria’s premier bulk port sees with $7 billion of trade, 12 million tonnes of product and 600 vessels passing through the port and supporting 1,800 regional jobs annually. (3) + Net Income: $327,200 pa* + GST. To be sold via Burgess Rawson Investment Portfolio Auction 168 Tuesday 14 May 2024 Crown Casino, River Room Please contact the Burgess Rawson team for more information. *approx (1) Forecast.id (2) City of Greater Geelong Data Exchange (3) City of Greater Geelong
ส่งอีเมลสอบถามได้ที่ Burgess Rawson - Melbourne
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