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55 Marine Terrace, SOUTH BURNIE, TAS, 7320

2. Property Highlights

Two National Brand Tenants - One Powerful Highway Location
  • Leased to Anytime Fitness & CVGT Aus
  • Well presented building upgraded 2020
  • Highway freehold with 22 car spaces

+Anytime Fitness: Long 10 year lease through to 2030 plus options through to 2040 to a leading multi-site franchisee.

+Anytime Fitness: World’s largest gym chain with over 4,000 clubs worldwide.

+CVGT: Secure three year lease through to 2023 plus options through to 2027.

+Ground Floor leased to CVGT, a leading employment program agency across NSW, VIC & TAS.

+Prominent two level 1,021sqm* building extensively upgraded throughout in 2020.

+High Profile 1,570sqm* site with easy access and 22* on site car spaces.

+Significant 40.36m* road frontage to Marine Terrace (Bass Highway) which services over 18,000* vehicles daily and is one of the main arterial roads in and out of the Burnie CBD.

+Strategically positioned in a well-established and proven large format retail precinct with Bunnings, Nissan, Hyundai, Harvey Norman, Spotlight, Super Cheap Auto, Petbarn and ARB all within close proximity.

+Proposed adjacent development of fast food and fuel to commence construction shortly adding to the appeal of the immediate vicinity.

+Burnie: Second largest City on North West TA.

+Commsec ranks Tasmania as Australia best performing economic in key indicators***.

+Net Income: $115,052.62* + GST. (From 1 July 2022)

For Sale by Investment Portfolio Auction

10:30am (AEDT) Wednesday 22 June 2022

Crown Casino - River Room

*appox

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3. Property Location

55 Marine Terrace, SOUTH BURNIE, TAS, 7320

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4. Due Diligence

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55 Marine Terrace, SOUTH BURNIE, TAS, 7320 South Burnie
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