Lot 4/24 Avalon Parade,
Avalon Beach, NSW 2107
Offices • Medical & Consulting
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Map of Lot 4/24 Avalon Parade
SOLD BY DELMEGE COMMERCIAL
- LATEST SPECIFICATION FITNESS CENTRE
- LARGE TRADE AREA POPULATION
- NEW 5 + 5 YEAR LEASE
Delmege Commercial is delighted to announce the sale of Lot 4, 24 Avalon Parade, Avalon.
The property has been completely refurbished and upgraded to a latest specification Anytime Fitness Centre and Gymnasium. Anytime Fitness is the world's largest and fastest growing, 24 hour, co-ed fitness franchise with 212 clubs in Australia and 1787 across the globe.
Key considerations include:
- Completely refurbished and upgraded latest specification fitness centre & gymnasium providing a total strata area of 327sqm.
- Strategic location servicing above average demographic profile featuring an affluent catchment & Main Trade Area (MTA) with no competition within a 15-20 minute drive.
- New secure 5 + 5 year lease.
- Tenant pays 100% of outgoings as per lease.
- Robust annual rental escalations of CPI or 4% (whichever is greater) plus ratchet clause at exercise of option.
- Highly accessible prime core retail location adjacent to CBA, NAB, ANZ & Westpac.
- Major refurbishment of the air-conditioning and roof resulting in no immediate requirement for capital expenditure.
-Long term alternate uses.
-Net Income $108,000 p.a. plus GST.
Delmege Commercial have recently placed numerous retail, commercial and industrial investments under contract and have residual purchasers looking for similar transactions.
Should you be considering divesting or acquiring an investment property, please call (02) 9905 9444.
"Celebrating 48 years at the Forefront of Real Estate on Sydney's Northern Beaches"
The property has been completely refurbished and upgraded to a latest specification Anytime Fitness Centre and Gymnasium. Anytime Fitness is the world's largest and fastest growing, 24 hour, co-ed fitness franchise with 212 clubs in Australia and 1787 across the globe.
Key considerations include:
- Completely refurbished and upgraded latest specification fitness centre & gymnasium providing a total strata area of 327sqm.
- Strategic location servicing above average demographic profile featuring an affluent catchment & Main Trade Area (MTA) with no competition within a 15-20 minute drive.
- New secure 5 + 5 year lease.
- Tenant pays 100% of outgoings as per lease.
- Robust annual rental escalations of CPI or 4% (whichever is greater) plus ratchet clause at exercise of option.
- Highly accessible prime core retail location adjacent to CBA, NAB, ANZ & Westpac.
- Major refurbishment of the air-conditioning and roof resulting in no immediate requirement for capital expenditure.
-Long term alternate uses.
-Net Income $108,000 p.a. plus GST.
Delmege Commercial have recently placed numerous retail, commercial and industrial investments under contract and have residual purchasers looking for similar transactions.
Should you be considering divesting or acquiring an investment property, please call (02) 9905 9444.
"Celebrating 48 years at the Forefront of Real Estate on Sydney's Northern Beaches"
Property ID: 500490507Last Updated: 11 Dec 2014
02 9997 11...
Lot 4/24 Avalon Parade
Avalon Beach, NSW 2107
Delmege Property Group - NSWShop 1, 1753 Pittwater Road
MONA VALE, NSW 2103
MONA VALE, NSW 2103
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43 Avalon Parade,Avalon Beach, NSW 2107 165 m²Shops & Retail • Development Sites & Land • Offices
