- Income: $249,600 pa + GST + outgoing
- Building Area: 895 sqm across 3 levels
- 6 on-site carparks
Description
Gorman Commercial is pleased to offer B01, 849 Burwood Road, Hawthorn East for sale by Expressions of Interest closing Thursday, 3rd July at 2pm.
Leased to Viva Leisure a subsidiary of an ASX listed company. Viva Leisure own and operate 450 Gyms world wide with 169,000 members.
The substantial three level tenancy has been renovated to the highest standard with modern amenities and services throughout.
Key Features Include:
* Income: $249,600 pa + GST + outgoings
* 10 year lease from 3rd May 2019 with 4 further options of 5 years
* 4% annual increases
* Building area: 895 sqm approx.
* 6 on-site carparks
Located near the intersection of Burwood Road and Burke Road in close proximity to both the Camberwell Railway Station and all the major retailers on the Burke Road retail strip. This well positioned high yielding commercial investment offers a secure set and forget investment opportunity.