Global Fitness Giant Snap Fitness | Booming Western Sydney Growth Hub
Description
CBRE is pleased to present to the market this Snap Fitness investment, located at 1/280 Merrylands Road, Merrylands NSW for sale via Private Treaty.
This opportunity has the following key investment highlights:
+ 10-year lease to 2028 plus two further 5-year options to 2038
+ Snap Fitness: global fitness brand operating in over 1,000* locations in over 20 countries¹
+ Attractive fixed 4% increases, ensuring compounding rental growth
+ Established gym operator with 4 Sydney locations
+ Longstanding tenure, operating from location for 7+ years
+ 394 sqm* modern gym renovated to Snap Fitness’s latest corporate design specifications & fit-out
+ Easy to manage single tenant investment with low outgoings and 8 valuable secure basement car spaces on title
+ Prime gym position on Merrylands Road, major thoroughfare through Merrylands allowing for quick and convenient access
+ Merrylands: part of the Cumberland City LGA supporting over 260,000 residents and set to grow to 340,122 (30.54%) by 2046²
+ Net Income: $170,465 pa* + GST
To be sold via Private Treaty
Please contact the exclusively appointed sales team for more information.
*Approx
¹snapfitness.com/au
²forecast.id.com.au
2/280 Merrylands Rd, (Pizza Hut) for separate sale
Enquire
Contact agents
Flynn McFall Negotiator
+61 481 187 191
Kieran Bourke Senior Director
0417 418 007
Ben Parsonage Junior Sales Associate
+61 455 331 841Enquiry Form
Merrylands, NSW
1/280 Merrylands Road
This property is part of Portfolio 183
Price: Contact Agent
Contact agents
-
Flynn McFall Negotiator
+61 481 187 191 -
Kieran Bourke Senior Director
0417 418 007 -
Ben Parsonage Junior Sales Associate
+61 455 331 841