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14 Ripon Grove, Elsternwick, VIC, 3185

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14 Ripon Grove, Elsternwick, VIC, 3185

14 Ripon Grove, Elsternwick, VIC, 3185

Properties / Sold / Victoria / Elsternwick
Tenanted Investment

1. Property Summary

Selling Method
EOI
Selling Details
Contact Agent
Floor Area
1148 m² (*approx)
Property Type
Retail
Terms
Ten (10) year lease commenced July 2023
Est. Income
$402,000 p/a
Fully Leased
Anytime Fitness
Car Spaces
19
Show All

2. Property Highlights

FLEX YOUR MUSCLES - ANYTIME FITNESS WITH 10 YEAR LEASE
  • Annual Rent of $402,000* + GST (net)
  • New Ten (10) Year Lease to July '33
  • Leased to Global Fitness Giant

Aston in conjunction with Iceberg & Co are pleased to present 14 Ripon Grove, Elsternwick for sale by Private Sale.

This brand-new investment benefits from a ten (10) year lease to global fitness giant Anytime Fitness and flexes its muscles with an annual rental income of $402,000* + GST.

The features:

• Total building area of 1,148m²*

• Annual net rental income of $402,000* + GST

• Ten (10) year lease commenced July 2023

• Fixed 3.5% annual increases

• Nineteen (19) car spaces

• Part of brand-new Elsternwick Village mixed-use development

• Excellent depreciation benefits

• Leased to global fitness giant Anytime Fitness

Anytime Fitness have over 5,000 locations and operate in over 50 countries around the world making this a high profile and secure investment and one that is certain to 'bulk up' your portfolio.

Contact the exclusive marketing agents from Aston or Iceberg & Co to receive further information.

*approx

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment

1. Property Summary

Property Type
Retail
Est. Income
$402,000 p/a
Tenant
Anytime Fitness
Terms
Ten (10) year lease commenced July 2023
Floor Area
1148 m² (*approx)
Car Spaces
19
Selling Method
EOI
EOI Closing Date
21 Mar 2024 03:00PM
Add to calendar
Selling Details
Contact Agent

2. Property Highlights

FLEX YOUR MUSCLES - ANYTIME FITNESS WITH 10 YEAR LEASE
  • Annual Rent of $402,000* + GST (net)
  • New Ten (10) Year Lease to July '33
  • Leased to Global Fitness Giant

Aston in conjunction with Iceberg & Co are pleased to present 14 Ripon Grove, Elsternwick for sale by Private Sale.

This brand-new investment benefits from a ten (10) year lease to global fitness giant Anytime Fitness and flexes its muscles with an annual rental income of $402,000* + GST.

The features:

• Total building area of 1,148m²*

• Annual net rental income of $402,000* + GST

• Ten (10) year lease commenced July 2023

• Fixed 3.5% annual increases

• Nineteen (19) car spaces

• Part of brand-new Elsternwick Village mixed-use development

• Excellent depreciation benefits

• Leased to global fitness giant Anytime Fitness

Anytime Fitness have over 5,000 locations and operate in over 50 countries around the world making this a high profile and secure investment and one that is certain to 'bulk up' your portfolio.

Contact the exclusive marketing agents from Aston or Iceberg & Co to receive further information.

*approx

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment
Jeremy Gruzewski
Jeremy Gruzewski
+61 *** *** *** show +61 422 211 021
Joshua Colosimo
Joshua Colosimo
+61 *** *** *** show +61 413 790 309

Download Development Site Report

3. Property Location

14 Ripon Grove, Elsternwick, VIC, 3185

Property Map
Street View
14 Ripon Grove, Elsternwick, VIC, 3185 Elsternwick
Aston
Aston
Level 15, 627 Chapel Street, South Yarra Vic 3141
View Agency Profile
Jeremy Gruzewski
Jeremy Gruzewski
+61 *** *** *** show +61 422 211 021
Joshua Colosimo
Joshua Colosimo
+61 *** *** *** show +61 413 790 309
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