3 Zoe Drive Wollert VIC 3750

Burgess Rawson is pleased to offer to the market the 9Round Boxing Gym at 3 Zoe Drive, Wollert VIC for sale via Investment Portfolio Auction 156.

The property has the following investment highlights:

+ Brand new 7 year lease to 2029 plus options to 2035.
+ 9 Rounds Boxing: fast growing fitness franchise in the world with 20 locations in Australia.
+ Landlord preferred, net lease terms with tenant paying all outgoings.
+ Annual fixed compounding 3% rent increases, assuring rental growth.
+ Immaculate premises with high quality tenant fitout.
+ 75 on-site sealed and lined communal customer car spaces plus street parking at the shop front.
+ Recent construction, offering significant tax depreciation benefits.
+ Last available shop remaining in the 100% fully occupied commercial hub in one of Melbourne's fastest growing suburbs.
+ Positioned in key commercial complex with complimentary tenancy mix including Shell/Viva, Cellarbrations, fast food, medical and convenience retail.
+ Surrounded by important social infrastructure including 6 schools servicing a combined 4,630 full-time students.**
+ Wollert (Epping North): Centred within Melbourne's northern growth corridor with an estimated 52% population growth by 2041.***
+ Net Income: $52,800 pa* + GST

To be sold by Investment Portfolio Auction:
10:30am AEST Wednesday 26 October 2022
Crown Casino, Melbourne VIC

*approx.
**Gapmaps
***Forecast.id