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
0481 187 191
Kieran Bourke Senior Director
0417 418 007
Ben Parsonage Junior Sales Associate
0455 331 841Enquiry Form
Merrylands, NSW
1/280 Merrylands Road
This property is part of Portfolio 183
Price: Contact Agent
Contact agents
-
Flynn McFall Negotiator
0481 187 191 -
Kieran Bourke Senior Director
0417 418 007 -
Ben Parsonage Junior Sales Associate
0455 331 841