New 10 Year Lease to Global Fitness Giant | Freestanding Building in Booming South East Growth Corridor

Description

CBRE is delighted to offer to market the Anytime Fitness located at 35 Adakite Drive, Berwick VIC for sale. The property has the following key investment highlights:
+ Brand New Ten (10) Year lease to August 2035 plus an additional option to 2040.
+ Anytime Fitness: est. 2002, world’s largest fitness franchise with over 5,500 locations globally which includes 590+ clubs in Australia with 730,000 members.(1)
+ Fixed, compounding annual 4% rent increases ensuring rental growth.
+ Investor preferred net lease terms with Anytime Fitness responsible for usual outgoings including rates & insurance premiums.
+ Immaculate 678sqm* freestanding building with capital intensive fit-out in line with Anytime Fitnesss latest corporate design & layout requirements.
+ Prominent 940sqm UGZ landholding with important access to 13 car spaces.
+ Brand new construction offering modern infrastructure and maximum tax depreciation benefits.
+ Supported by IGA, Direct Chemist, childcare centre, dental clinic, medical centre and complementary retail tenancies.
+ Strategically positioned within the Alira Village Town Centre, neighbouring the rapidly growing Alira Berwick and Northern Wetlands residential estates.
+ City of Casey, Melbournes major south-east growth LGA, with population forecast to increase 48% to 614,075 by 2046. (2)
+ Net Income: $266,670 pa* + GST To be sold via Private Treaty. SHAUN VENABLES 0411 860 865 svenables@burgessrawson.com.au SAM MERCURI 0413 830 709 sam.mercuri@cbre.com RAOUL HOLDERHEAD 0413 860 304 raoul.holderhead@cbre.com.
*Approx 1 Anytime Fitness 2 .id

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Contact agents
Shaun Venables Senior Director
0411 860 865
Sam Mercuri Senior Negotiator
0413 830 709
Raoul Holderhead Senior Director
0413 860 304
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Berwick, VIC

35 Adakite Drive

For Sale by Portfolio Auction
Wednesday 10th December 10:30AM Crown Casino - River Room - Melbourne

This property is part of Portfolio 181

Price: Contact Agent

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