Fully Leased Investment to Established Fitness Centre

14 jannali road, dubbo nsw

Price: For Sale by Auction

  • Circa 8.5% Yield
  • Renewed 12yr Lease
  • Huge 7,310 sqm site

Property Details

Auction 11am AEDT Tuesday 2 April 2019
Doltone House Hyde Park, 181 Elizabeth Street, Sydney

Huge 7,310 sqm site with modern 2,460 sqm facility
Modern facility built 2006 comprising gymnasium, aquatic centre, high clearance warehouse and ample customer parking
Generous tax depreciation benefits available
Fitness Focus (88% of income), a popular fitness centre at this location - 12 years with 2,800+ members and 600 children enrolled in swim school
12 Year lease to Fitness Focus to 2029 + option to 2039
Lessee’s pay outgoings incl. management fees
New 3 year lease to Superior Polish
Dubbo City services a trade catchment of 130,000 residents and underpinned by flourishing retail, tourism and agriculture sectors

Net Income: $214,091 pa + GST

Featured Details

Current Tenant Tenanted
Gross Building Area 2460 sqm
Land Size 7,310 sqm
Rent Period Annually

Property Enquiry

Regarding Property ID: NSW003467

Thank you for showing interest in us.

Contact Details

Office Details

Level 18, 15 Castlereagh Street, Sydney NSW 2000

T 02 9232 6288 E sydney@burgessrawson.com.au

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