A rare and exciting opportunity exists for investors, commercial developers and owner/occupiers alike, this 660sqm building is currently a successful gym servicing over 200 clients a day in the heart of Potts Point. The current net rental return is approx. $317,000 per annum with a projected net income of $400,000 per annum. Offering excellent scope to reconfigure into five x 120sqm apartments with direct access to Springfield Apartments. Boasting its own private entrance from Orwell Street and secure parking for five cars, this exceptional offering is positioned within footsteps of Macleay and Victoria Street's cosmopolitan shops, bars and cafés, while a stroll to Kings Cross Station, the weekend markets, harbourside parks and Woolloomooloo's celebrated waterfront dining.


- Zoned MU1 Mixed-use property in the heart of Potts Point
- Leased to the state-of-the-art PE Dept. Fitness Centre
- Current net return of $317K per annum with projected net income of $400K per annum
- Reception area, office and multiple bathroom amenities
- Potential to reconfigure into five x 120sqm new apartments
- Convenient lift access to five secure oversized car spaces
- Entrance via Orwell Street, part of Springfield Gardens
- Access to complex pool and rooftop with stunning harbour views
- Footsteps to Victoria and Macleay Street's shops, eateries
- Walk to Kings Cross Station, city buses, weekend markets
- Moments to Woolloomooloo's celebrated waterfront dining
- Boasts easy access to Rushcutters Bay, beaches, the CBD