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Two National Brand Tenants – One Powerful Highway Location

55 Marine Terrace , South Burnie TAS

Property Highlights

Leased to Anytime Fitness & CVGT Aus
Well presented building upgraded 2020
Highway freehold with 22 car spaces
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Description

+Anytime Fitness: Long 10 year lease through to 2030 plus options through to 2040 to a leading multi-site franchisee.
+Anytime Fitness: World’s largest gym chain with over 4,000 clubs worldwide.
+CVGT: Secure three year lease through to 2023 plus options through to 2027.
+Ground Floor leased to CVGT, a leading employment program agency across NSW, VIC & TAS.
+Prominent two level 1,021sqm* building extensively upgraded throughout in 2020.
+High Profile 1,570sqm* site with easy access and 22* on site car spaces.
+Significant 40.36m* road frontage to Marine Terrace (Bass Highway) which services over 18,000* vehicles daily and is one of the main arterial roads in and out of the Burnie CBD.
+Strategically positioned in a well-established and proven large format retail precinct with Bunnings, Nissan, Hyundai, Harvey Norman, Spotlight, Super Cheap Auto, Petbarn and ARB all within close proximity.
+Proposed adjacent development of fast food and fuel to commence construction shortly adding to the appeal of the immediate vicinity.
+Burnie: Second largest City on North West TA.
+Commsec ranks Tasmania as Australia best performing economic in key indicators***.
+Net Income: $115,052.62* + GST. (From 1 July 2022)

For Sale by Investment Portfolio Auction
10:30am (AEDT) Wednesday 22 June 2022
Crown Casino – River Room

*appox

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Leisure/Hospitality
Land Size
1,570 SQM
Building Area
1,021 SQM

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