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245 Glen Huntly Road, Elsternwick, VIC, 3185

2. Property Highlights

SOLD PRIOR TO AUCTION
  • Annual rent of $100,000 + GST (net)
  • Five (5) year lease commenced August 23
  • Nationally recognised fitness operator

Aston in conjunction with Iceberg & Co. are pleased to present 245 Glen Huntly Road, Elsternwick for sale by Public Auction on Wednesday 28th February at 12pm.

CorePlus has 23 studios in Victoria, 25 across the country with a further 9 studios due to open in other states, making them one of the most recognisable Pilates brands in Australia.

This studio has a state of the art, quality fit out making this a "set and forget" investment option to add to, or, kick start your portfolio.

Property Features:

• Total building area of 200 sqm*

• Annual rent of $100,000 + GST+ Outgoings

• Five (5) year leased commenced August 2023 - 3.50% annual increases

• Two (2) secure basement car spaces

• Reputable and nationally recognised fitness chain

• Part of brand new 'Elsternwick Village' development

• Directly opposite Elsternwick Train Station

This incredibly rare opportunity is sure to make a fit and healthy addition to your investment portfolio.

Contact the exclusive selling agents from Aston or Iceberg & Co. for further information or to arrange a private inspection.

*approx

Remember to mention you found this property on CommercialReady

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3. Property Location

245 Glen Huntly Road, Elsternwick, VIC, 3185