FITNESS FIRST BAYSIDE, 241-245 BAY ROAD,
Cheltenham, VIC 3192
Shops & Retail • Development Sites & Land • Warehouse, Factory & Industrial
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Map of FITNESS FIRST BAYSIDE, 241-245 BAY ROAD
FITNESS FIRST BAYSIDE
Freestanding retail investment with a 15 year net lease to Fitness First (exp Feb 2025), with no options
9,057sqm of irreplaceable bayside land, with dual street frontages
Lease is guaranteed by Fitness First Limited (listed entity) with 65 clubs around Australia
Favourable net lease structure with fixed annual increases of a minimum of 3%
5,335sqm facility with a massive at grade car park for over 195 vehicles
Net annual income of $1,194,054 (plus GST)
CBRE
Mark Wizel
+61 409 809 868
Justin Dowers
+61 438 098 805
Kevin Tong
+61 422 848 818
Nichols Crowder
Matt Nichols
+61 418 186 488
Julian Vautin
+61 420 406 660
James Glen
+61 401 493 277
9,057sqm of irreplaceable bayside land, with dual street frontages
Lease is guaranteed by Fitness First Limited (listed entity) with 65 clubs around Australia
Favourable net lease structure with fixed annual increases of a minimum of 3%
5,335sqm facility with a massive at grade car park for over 195 vehicles
Net annual income of $1,194,054 (plus GST)
CBRE
Mark Wizel
+61 409 809 868
Justin Dowers
+61 438 098 805
Kevin Tong
+61 422 848 818
Nichols Crowder
Matt Nichols
+61 418 186 488
Julian Vautin
+61 420 406 660
James Glen
+61 401 493 277
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Property ID: 502264910Last Updated: 3 Oct 2023
03 8621 33...
FITNESS FIRST BAYSIDE, 241-245 BAY ROAD
Cheltenham, VIC 3192
CBRE - MelbourneLevel 34, 8 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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