Two National Brand Tenants - One Powerful Highway Location

Description

+Anytime Fitness: Long 10 year lease through to 2030 plus options through to 2040 to a leading multi-site franchisee.
+Anytime Fitness: World’s largest gym chain with over 4,000 clubs worldwide.
+CVGT: Secure three year lease through to 2023 plus options through to 2027.
+Ground Floor leased to CVGT, a leading employment program agency across NSW, VIC & TAS.
+Prominent two level 1,021sqm* building extensively upgraded throughout in 2020.
+High Profile 1,570sqm* site with easy access and 22* on site car spaces.
+Significant 40.36m* road frontage to Marine Terrace (Bass Highway) which services over 18,000* vehicles daily and is one of the main arterial roads in and out of the Burnie CBD.
+Strategically positioned in a well-established and proven large format retail precinct with Bunnings, Nissan, Hyundai, Harvey Norman, Spotlight, Super Cheap Auto, Petbarn and ARB all within close proximity.
+Proposed adjacent development of fast food and fuel to commence construction shortly adding to the appeal of the immediate vicinity.
+Burnie: Second largest City on North West TA.
+Commsec ranks Tasmania as Australia best performing economic in key indicators***.
+Net Income: $115,052.62* + GST. (From 1 July 2022)

For Sale by Investment Portfolio Auction
10:30am (AEDT) Wednesday 22 June 2022
Crown Casino – River Room

*appox

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Contact agents
Shaun Venables Partner
0411 860 865
Matthew Wright Partner
0458 290 588
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South Burnie, TAS

55 Marine Terrace

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 153

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