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Gym 7-13 Parraween Street Cremorne, NSW 2090

Gym 7-13 Parraween Street,
Cremorne, NSW 2090

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Lower North Shore - High Yielding Investment

  • Affordable investment opportunity
  • High yielding
  • Modern premises built 2005
Affordable investment opportunity.
Substantial 209sqm ground floor premises.
Two security car spaces on title.
Modern premises built 2005.
Established tenant in operation some 7 years.
One of Australia's top private gyms operating as an education and training centre.
Annual 3.5% increases.
Net Income: $80,217pa + GST.
Indicative Price: $800,000 (10% + net return).

For Sale by Private Treaty

For more information, please contact:

Simon Staddon 0413 640 851
sstaddon@burgessrawson.com.au

CO-AGENT
Doran Commercial Neutral Bay
Tom Doran 0407 928 324

Property ID: 500405959Last Updated: 13 Dec 2013

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Gym 7-13 Parraween Street
Cremorne, NSW 2090
Burgess Rawson - Sydney
Level 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000
ICS Agency - NORTH STRATHFIELD
Young Street
NEUTRAL BAY, NSW 2089

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