FLEX YOUR MUSCLES - ANYTIME FITNESS WITH 10 YEAR LEASE

14 Ripon Grove, Elsternwick VIC 3185

Annual Rent of $402,000* + GST (net)
New Ten (10) Year Lease to July '33
Leased to Global Fitness Giant

Aston in conjunction with Iceberg & Co are pleased to present 14 Ripon Grove, Elsternwick for sale by Private Sale.

This brand-new investment benefits from a ten (10) year lease to global fitness giant Anytime Fitness and flexes its muscles with an annual rental income of $402,000* + GST.

The features:

• Total building area of 1,148m²*
• Annual net rental income of $402,000* + GST
• Ten (10) year lease commenced July 2023
• Fixed 3.5% annual increases
• Nineteen (19) car spaces
• Part of brand-new Elsternwick Village mixed-use development
• Excellent depreciation benefits
• Leased to global fitness giant Anytime Fitness

Anytime Fitness have over 5,000 locations and operate in over 50 countries around the world making this a high profile and secure investment and one that is certain to 'bulk up' your portfolio.

Contact the exclusive marketing agents from Aston or Iceberg & Co to receive further information.

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