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MOVABLE

401 Pacific Highway Belmont North, NSW 2280

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401 Pacific Highway,
Belmont North, NSW 2280

Showrooms & Large Format Retail

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Multi-Purpose Investment

CURRENT BID $1,858,000 - 5 QUALIFIED BIDDERS. The Openn Negotiation is underway (online auction with flexible terms for qualified buyers) and the property can sell as early as tomorrow. Contact Steven Dick on 0400 000 9... immediately to become qualified and avoid disappointment.

Having signed a (10) year lease in 2017 after obtaining their usage DA, these "Plus Fitness" tenants have their heart and soul invested in the community they have created.

Starting life as a camping and outdoor store the building would suit a multitude of bulky showroom users and is located with Hungry Jack, Chemist, Caltex Service Station, Zarraffa's Coffee plus an ex Bunnings store.

With the lease not expiring until 25 July 2027 and only paying $185/m2 + OGs + GST there is a sound base and solid growth to be had. Operating as a 24/7 Gym they are under other similar size facilites which operate at $300 to $350/m2.

The owners are wanting to pay down debit with in the family and have chosen to sell this property.

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Property ID: 504641788Last Updated: 17 Sep 2024

MOVABLE

92-94 Darby Street
COOKS HILL, NSW 2300
04000009...
MOVABLE
401 Pacific Highway
Belmont North, NSW 2280
MOVABLE
92-94 Darby Street
COOKS HILL, NSW 2300

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