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2. Property Highlights

  • 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 Expressions of Interest closing on Thursday 21st March 2024 at 3pm.

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.

Property Features:

• Total building area of 1,148 sqm*

• 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.


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3. Property Location

14 Ripon Grove, Elsternwick, VIC, 3185

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4. Due Diligence

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14 Ripon Grove, Elsternwick, VIC, 3185 Elsternwick
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