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

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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