Burgess Rawson is pleased to offer to the Snap Fitness property located at 14A/32-40 Stockton Avenue, Moorebank NSW to the market for sale via Private Treaty. The opportunity has the following investment highlights: + Recent 5 year net lease to 2029, with a further option extending to 2034 + Snap Fitness: global fitness brand operating in over 1,000 locations in over 20 countries^ + Liverpool City Council: major growth hub, home to 254,905 residents and forecast to grow 37% to 352,811 by 2046^^ + Strategically located within the Woolworths anchored Moorebank Shopping Village + Generous strata area of 471sqm*, including 392sqm* on the ground floor and 79sqm* on the first floor which is accessed via internal stairs, as per the strata plan, improved by impressive state-of-the-art fit out completed in June 2024. The property is accessed via a door facing the car park which leads to a corridor which in turn leads to the property and the adjoining property + Attractive fixed 4% annual rent increases, ensuring compounding income growth + Landlord friendly net lease, tenant responsible for payment of outgoings including council rates, water rates, strata levies, land tax (single holding) and management fees, as per the lease + Net Income: $149,760 pa* + GST To be sold via Private Treaty Indicative Price: $2.5 million Please contact the exclusively appointed sales team for more information *Approx ^Snap Fitness ^^Forecast.id
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