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Coutts - North West

1.24 Virgin Active Gym, 2-8 Brookhollow Avenue Norwest, NSW 2153

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1.24 Virgin Active Gym, 2-8 Brookhollow Avenue,
Norwest, NSW 2153

Hotel, Motel & Leisure • Shops & Retail

Price information

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$1,070,000

Key property information

Floor area

Car spaces

Zoning

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Coutts - North West
Wayne Mangion

Coutts - North West

Suite 510, 12 Century Circuit
BAULKHAM HILLS, NSW 2153
04881113...
Coutts - North West
1.24 Virgin Active Gym, 2-8 Brookhollow Avenue
Norwest, NSW 2153

Map of 1.24 Virgin Active Gym, 2-8 Brookhollow Avenue

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Jump to this investment opportunity! 6.3% Net return

UNDER OFFER

Be quick to secure the option to invest in a commercial property, secured by an international tenant.

Leased to Virgin Active, the leading edge health club has been in this location since 2011 on a secure long term lease. The property is a strata lot within a 31 strata lot scheme, creating a lucrative investment with a strong yield.

Take advantage of this opportunity, seldom found at this price point.

LEASE DETAILS
Lessee: Virgin Active Australia Pty Ltd
Net Rent: $70,536 pa + GST
Outgoings: Paid by the lessee (excludes sinking fund)
Rent Reviews: 3.5% annual increases, fixed for the life of the lease
Net Yield: 6.3%
Lease Expiry: 31/06/2026
Options: 5 years + 5 Years

Contact the agent for further information.

Property ID: 504519976Last Updated: 19 Aug 2024

Coutts - North West
Suite 510, 12 Century Circuit
BAULKHAM HILLS, NSW 2153

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