Added 3 days ago
26 Torrens Avenue,
The Entrance, NSW 2261
Shops & Retail • Medical & Consulting • Other
Added 3 days ago
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Sale - Auction Tue 6 Aug
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Burgess Rawson - Sydney
Level 11.02, 9 Castlereagh StreetSYDNEY, NSW 2000
26 Torrens Avenue
The Entrance, NSW 2261
Map of 26 Torrens Avenue
Bus stops within 5 km of 26 Torrens Avenue, The Entrance, NSW 2261 Distance Fairview Av After the Entrance Rd 63 m Dening St Opp Theatre Lane 195 m The Entrance Rd at Ashton Av 222 m The Entrance Rd After Dening St 240 m Torrens Av at Victoria Av 242 m POWERED BY HERE ©
POWERED BY HERE ©
Brand New 5 Year Lease Investment | Multinational Brand Tenant
- Brand New 5 Year Lease to 2029
- Attractive Fixed 3% Rental Increases
- Net Income: $100,510 pa* + GST
Burgess Rawson is pleased to offer to the market Plus Fitness at 26 Torrens Avenue, The Entrance NSW for sale via Investment Auction Portfolio 170.
The property has the following investment highlights:
+ Brand new 5-year lease to 2029 plus options to 2034
+ Plus Fitness: High performing fitness tenant with over 200 locations across Australia, New Zealand and Asia^
+ Viva Leisure: Australian fitness brand with a 100% stake in Plus Fitness and a market cap of $141.88 million^^
+ Attractive fixed 3% annual increases, ensuring rental growth
+ Substantial 759sqm* corner freehold in close proximity to Coles and other local supporting infrastructure including The Entrance Hotel
+ Strategic positioning next to the Central Coast Highway as well as the Entrance Road, a thoroughfare through The Entrance's business district
+ The Entrance: part of the Central Coast in NSW, 64km* east of Newcastle and 106km* north of Sydney
+ Net Income: $100,510 pa* + GST
To be sold by Investment Portfolio Auction
10:30am AEST Tuesday 6 August 2024
Yallamundi Rooms, Sydney Opera House
Please contact the exclusively appointed sales team for more information
*Approx
^plusfitness.com.au
^^marketindex.com
The property has the following investment highlights:
+ Brand new 5-year lease to 2029 plus options to 2034
+ Plus Fitness: High performing fitness tenant with over 200 locations across Australia, New Zealand and Asia^
+ Viva Leisure: Australian fitness brand with a 100% stake in Plus Fitness and a market cap of $141.88 million^^
+ Attractive fixed 3% annual increases, ensuring rental growth
+ Substantial 759sqm* corner freehold in close proximity to Coles and other local supporting infrastructure including The Entrance Hotel
+ Strategic positioning next to the Central Coast Highway as well as the Entrance Road, a thoroughfare through The Entrance's business district
+ The Entrance: part of the Central Coast in NSW, 64km* east of Newcastle and 106km* north of Sydney
+ Net Income: $100,510 pa* + GST
To be sold by Investment Portfolio Auction
10:30am AEST Tuesday 6 August 2024
Yallamundi Rooms, Sydney Opera House
Please contact the exclusively appointed sales team for more information
*Approx
^plusfitness.com.au
^^marketindex.com
Property ID: 504632724Last Updated: 8 Jul 2024
Burgess Rawson - SydneyLevel 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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