118 McLennan Street Mooroopna VIC 3629

Key Sale Highlights

- Prominent location on Mooroopna's main thoroughfare with wide street frontage
- Popular longstanding gym and fitness centre 'that never closes' operating 24 hrs a day 365 days a year (operating since 1982)
- Generous Land Area of 614m2 with rear access and carparking
- Lettable area of 560m2 (approx.)*
- Within close proximity to Woolworths, ALDI, BP, Subway and KFC
- Current 3 year lease term expires 31 March 2027 with options until 31 March 2036
- Tenant pays 100% of all building outgoings
- Fixed 3% increases annually and on commencement date of any renewed term. No MKT review
- 50% stamp duty concession available to purchaser

* = approximately