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401 Pacific Highway, Belmont North, NSW, 2280

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401 Pacific Highway, Belmont North, NSW, 2280

401 Pacific Highway, Belmont North, NSW, 2280

Properties / Sold / New South Wales / Belmont North
Tenanted Investment

1. Property Summary

Selling Method
Auction
Selling Details
Contact Agent
Land Area
2,070 m² (*approx)
Floor Area
701 m² (*approx)
Property Type
Child/Healthcare, Other
Sub-type
Health Care & Medical
Terms
Signed a (10) year lease in 2017
Fully Leased
Plus Fitness
Show All

2. Property Highlights

Multi-Purpose Investment

CURRENT BID $1,858,000 - 5 QUALIFIED BIDDERS. The Openn Negotiation is underway (online auction with flexible terms for qualified buyers) and the property can sell as early as tomorrow. Contact Steven Dick on 0400 000 947 immediately to become qualified and avoid disappointment.

Having signed a (10) year lease in 2017 after obtaining their usage DA, these "Plus Fitness" tenants have their heart and soul invested in the community they have created.

Starting life as a camping and outdoor store the building would suit a multitude of bulky showroom users and is located with Hungry Jack, Chemist, Caltex Service Station, Zarraffa's Coffee plus an ex Bunnings store.

With the lease not expiring until 25 July 2027 and only paying $185/m2 + OGs + GST there is a sound base and solid growth to be had. Operating as a 24/7 Gym they are under other similar size facilites which operate at $300 to $350/m2.

The owners are wanting to pay down debit with in the family and have chosen to sell this property.

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment

1. Property Summary

Property Type
Child/Healthcare, Other
Sub-type
Health Care & Medical
Tenant
Plus Fitness
Terms
Signed a (10) year lease in 2017
Land Area
2,070 m² (*approx)
Floor Area
701 m² (*approx)
Selling Method
Auction
Auction Date
12 Sep 2024 06:00PM
Selling Details
Contact Agent

2. Property Highlights

Multi-Purpose Investment

CURRENT BID $1,858,000 - 5 QUALIFIED BIDDERS. The Openn Negotiation is underway (online auction with flexible terms for qualified buyers) and the property can sell as early as tomorrow. Contact Steven Dick on 0400 000 947 immediately to become qualified and avoid disappointment.

Having signed a (10) year lease in 2017 after obtaining their usage DA, these "Plus Fitness" tenants have their heart and soul invested in the community they have created.

Starting life as a camping and outdoor store the building would suit a multitude of bulky showroom users and is located with Hungry Jack, Chemist, Caltex Service Station, Zarraffa's Coffee plus an ex Bunnings store.

With the lease not expiring until 25 July 2027 and only paying $185/m2 + OGs + GST there is a sound base and solid growth to be had. Operating as a 24/7 Gym they are under other similar size facilites which operate at $300 to $350/m2.

The owners are wanting to pay down debit with in the family and have chosen to sell this property.

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment

3. Property Location

401 Pacific Highway, Belmont North, NSW, 2280

Property Map
401 Pacific Highway, Belmont North, NSW, 2280 Belmont North
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