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Retail in North Lakes
Secure 5 year Lease to Globally Recognised Franchise Showing 5.9% Net Yield
- Building: 116m²
- Land: 5,000m²
+ Secured 5 year lease plus 3 x 5 year options to "Club Pilates" - globally recognised franchise offering high-quality training and equipment for members
+ Tenants have invested $155,000 to transform the tenancy giving them an industry leading look
+ Current rental return of $65,000 per annum + outgoings + GST
+ 116m²* ground floor strata tenancy
+ Located within the super centre precinct with 260 food/retail/service businesses
+ Surrounding population of 67,000 provides excellent customer base for tenants
+ Multi-level customer and staff parking with tenancy allocated 2 car park spaces
+ Major highway access within 2 minutes drive
Call or email David Brinkley or Tracey Ryan to inspect the property or find out about other suitable options.
* Approx.
116m²
5,000m² / 1.24 acres
Retail, Offices
Investment Information
Fully Tenanted
N/A (Marketed Without Price)
N/A (Marketed Without Price)
* The rental income figures are based on an estimate by the selling agent of the likely amount the property would rent for if marketed for lease
All provided figures are estimates and should not be relied upon by a purchaser. The returns are not guaranteed. Further disclaimers apply
