Overview
Krulis Commercial is pleased to present this rare opportunity to acquire three (3) contiguous whole floors, leased to International tenant; Fitness First.
The property provides an opportunity for astute investors to secure a significant foothold into one of the Sydney's most tightly held commercial precincts, with future potential for positive rental reversion, re-positioning, or re-development (S.T.C.A)
- Three (3) contiguous whole floors, comprising 2,127* sqm NLA
- Secure Lease to long standing International fitness operator; Fitness First
- High ceilings on all floors with abundant natural light from North & South
- Recently refurbished throughout including air-conditioning upgrade
- Current NET passing income of $983,678* p.a. (
- GST)
- Leased until January 2020, with Five (5) year option
- Commercial Core B3 / 5:1 FSR
The building is prominently located in between the Newland Street & Bronte Road intersections, gaining exposure from Oxford Street Mall & Spring Street. The entrance on Spring Street is perfectly positioned between Westfield Shopping Centre & Easpoint Shopping Centre, poviding ample parking and amenity for staff & patrons. The site is only 160 metres* walk to Bondi Junction bus/rail interchange.
Co-Agent: Max Spartalis
Raine & Horne Double Bay
Mobile: (
- 61) 418 962 828 Email: max@rhdb.com.au
Inspect By Appointment Only
*approximate