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401 Pacific Highway, Belmont North, NSW, 2280
Belmont North
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
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
401 Pacific Highway, Belmont North, NSW, 2280
Secure/no obligation
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
Estimated Purchase Price:
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Yield Calculator
Yield Calculator
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
Estimated Purchase Price:
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Full report
Please see your Loan Analysis below. The report has been emailed to you, as well as DIG Capital Advisory and the Listing Agent to follow up if needed.
Loan Analysis
