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CBRE - Melbourne

CycleBar Fitzroy, 270 Young Street (Cnr Chapel Street) Fitzroy, VIC 3065

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CycleBar Fitzroy, 270 Young Street (Cnr Chapel Street),
Fitzroy, VIC 3065

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CBRE - Melbourne
Nathan Mufale
Scott Hawthorne
Jing Jun Heng
Alex Brierley

CBRE - Melbourne

Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000
CBRE - Melbourne
CycleBar Fitzroy, 270 Young Street (Cnr Chapel Street)
Fitzroy, VIC 3065

Map of CycleBar Fitzroy, 270 Young Street (Cnr Chapel Street)

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NEW 10 YEAR LEASE TO INTERNATIONAL FRANCHISE WITH PROVEN SUCCESS

  • BRAND NEW 10 YEAR LEASE WITH OPTIONS
  • INCOME OF $135,000 PA*
  • SIGNIFICANT DEPRECIATION BENEFITS
+Brand new 10 year lease + options returning an annual income of $135,000*

+100% leased to Cyclebar, the first & largest network of indoor cycling studios in the world, with more than 200 locations in operation and proven success

+New fitout allowing significant tax saving depreciation benefits for an incoming investor

+Convenient and secure basement parking for two vehicles included on-title

+Located 1.50 km* from the Melbourne CBD, benefitting from direct access to various forms of public transport via tram routes along Brunswick Street, Smith Street and Nicholson Street, and bus routes on Johnston Street

Contact the CBRE team for more information and to arrange an inspection:

Nathan Mufale
+61 421 224 3...
nathan.mufale@cbre.com.au

Scott Hawthorne
+61 400 861 0...
scott.hawthorne@cbre.com.au

Alex Brierley
+61 447 974 4...
alex.brierley@cbre.com.au

Jing Jun (JJ) Heng 王敬君
+61 411 059 1...
jj.heng@cbre.com.au

*Approx.

Property ID: 504095779Last Updated: 19 Sep 2022

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