11 Candlebark Court,
Research, VIC 3095
Warehouse, Factory & Industrial • Hotel, Motel & Leisure
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Map of 11 Candlebark Court
FIRST CLASS INVESTMENT OPPORTUNITY
- Building Area: 650sqm*
- Land area: 1,510sqm*
- Current lease in place for 5 years
CBRE is delighted to offer 11 Candlebark Court, Research, for sale by Public Auction, Thursday 21st February 2019 at 1.30pm on-site.
This immaculately presented industrial building was purpose built as a gymnastics club on a substantial landholding offering significant upside inclusive of strong future growth.
Key attributes include:
+ Tenant: Balance Gymnastics & Fitness Centre
+ Rental return of $76,000 per annum
+ Lease term: 3 years plus two further 5 year options
+ Lease commencement: 1st April 2017
+ Building area: 650sqm*
+ Land area: 1,500sqm*
+ 3 phase power
+ 7m* roof height
+ Purpose built for a gymnastic club
+ 21 car spaces
+ The location is forecast to benefit from the North-East link project
+ Convenient access to Eltham train station & shopping centre
+ CPI rental increase 1st April 2019 to $77,877 per annum
Balance Gymnastics provides a variety of programs in a family friendly environment. Their fully qualified staff and friendly management team aim to develop members to their full potential in a fun and safe environment.
AUCTION - THURSDAY 21ST FEBRUARY 2019 AT 1.30PM ON-SITE
*approx.
This immaculately presented industrial building was purpose built as a gymnastics club on a substantial landholding offering significant upside inclusive of strong future growth.
Key attributes include:
+ Tenant: Balance Gymnastics & Fitness Centre
+ Rental return of $76,000 per annum
+ Lease term: 3 years plus two further 5 year options
+ Lease commencement: 1st April 2017
+ Building area: 650sqm*
+ Land area: 1,500sqm*
+ 3 phase power
+ 7m* roof height
+ Purpose built for a gymnastic club
+ 21 car spaces
+ The location is forecast to benefit from the North-East link project
+ Convenient access to Eltham train station & shopping centre
+ CPI rental increase 1st April 2019 to $77,877 per annum
Balance Gymnastics provides a variety of programs in a family friendly environment. Their fully qualified staff and friendly management team aim to develop members to their full potential in a fun and safe environment.
AUCTION - THURSDAY 21ST FEBRUARY 2019 AT 1.30PM ON-SITE
*approx.
Property ID: 503061466Last Updated: 11 Apr 2023
04212210...
11 Candlebark Court
Research, VIC 3095
CBRE - MelbourneLevel 34, 8 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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