Price Guide:
An excellent opportunity to secure a ground floor retail shop located in the multi-award winning Watergate complex, positioned opposite the Docklands Community Hub, local basketball court and recreation parks.
The tenant is KX Pilates – one of the fastest growing, national, leading fitness franchising business and Australia’s first high performance reformer Pilates Group. The investment has the following key attributes:
• Current Rental Income: $36,225 per annum (approx) plus gst & outgoings
• Great investment occupied by KX Pilates on 3 + 3 + 3 year lease
• Rental Increases: Fixed 3.50% annually
• Building Area: 103 sqm (approx)
• Frontage: 13 metres (approx)
• Zoning: Docklands Zone
• Southern Cross Train Station & free tram zone at your doorstep
• Surrounded by Woolworths, Coles, Medibank, NAB, ANZ, Commonwealth Bank & Etihad Stadium
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