Plus Fitness Wattle Grove, 2 Nashi Lane
Wattle Grove WA 6107
Sale price $1,700,000
Five (5) Year Lease Secured
Building Finished in 2016
Adjacent to Aldi Wattle Grove
LEASED INVESTMENT - STRONG NATIONAL FITNESS BRAND
- Current Lease until 11th December 2024 - Tenant trading on site since December 2016 - Adjacent to Wattle Grove Shopping Centre - Near new building - National blue chip Tenant - 462m2 building area - 910m2 land area - Passing Rent $144,000 + GST (Gross) - $15,265 + GST outgoings estimate for 19/20 FY - Annual Rent Reviews Fixed 3.5% - Lease Option of Five (5) Years Enjoy the confidence of owning this near new asset adjacent to the Wattle Grove Shopping centre, whose Tenants include Aldi, Wattle Grove Medical Centre, Discount Chemist, Le Bon Bakehouse, Pastacup and more, with the security of the well regarded national Plus Fitness brand. After successfully serving an initial three (3) year term, the Plus Fitness Franchisee has committed to a further term of five (5) years, endorsed by the continuation of a strong membership base. With no shortage of dedicated parking bays (approximately 18 bays) and many more additional common parking bays, the already strong membership base has the capability to further grow. For more information please call Patrick Heenan or Anthony Morabito of Altegra Property Group.