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CycleBar Fitzroy/270 Young Street (Cnr Chapel Street)
Fitzroy VIC 3065
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Sold on 19 Sep 2022

CycleBar Fitzroy/270 Young Street (Cnr Chapel Street) Fitzroy VIC 3065

  • Shop & Retail
  • 201 m²
  • Sold

NEW 10 YEAR LEASE TO INTERNATIONAL FRANCHISE WITH PROVEN SUCCESS

  • BRAND NEW 10 YEAR LEASE WITH OPTIONS
  • INCOME OF $135,000 PA*
  • SIGNIFICANT DEPRECIATION BENEFITS

+Brand new 10 year lease + options returning an annual income of $135,000*

+100% leased to Cyclebar, the first & largest network of indoor cycling studios in the world, with more than 200 locations in operation and proven success

+New fitout allowing significant tax saving depreciation benefits for an incoming investor

+Convenient and secure basement parking for two vehicles included on-title

+Located 1.50 km* from the Melbourne CBD, benefitting from direct access to various forms of public transport via tram routes along Brunswick Street, Smith Street and Nicholson Street, and bus routes on Johnston Street

Contact the CBRE team for more information and to arrange an inspection:

Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au

Scott Hawthorne
+61 400 861 048
scott.hawthorne@cbre.com.au

Alex Brierley
+61 447 974 447
alex.brierley@cbre.com.au

Jing Jun (JJ) Heng
+61 411 059 116
jj.heng@cbre.com.au

*Approx.

CBRE
CBRE
Level 34,
Melbourne, VIC 3000

Property Highlights

Date Sold19 Sep 2022
Floor Area201 m²
Land Area201 m²
Parking2 x Onsite parkings
Property ID2017879131
Category
Last updated  19 Sep 2022
Map for CycleBar Fitzroy/270 Young Street (Cnr Chapel Street) Fitzroy VIC 3065
CBRE
CBRE
Level 34,
Melbourne, VIC 3000

Property Highlights

Date Sold19 Sep 2022
Floor Area201 m²
Land Area201 m²
Parking2 x Onsite parkings
Property ID2017879131
Category
Last updated  19 Sep 2022

Listed by

Scott Hawthorne
Scott Hawthorne
CBRE
Call
0400861048

More about CycleBar Fitzroy/270 Young Street (Cnr Chapel Street) Fitzroy VIC 3065

Cyclebar Fitzroy/270 Young Street (cnr Chapel Street) Fitzroy VIC 3065 is categorized as Shop & Retail Property. It has a floor area of 201 m² and a land area of 201 m². There are 2 x onsite parkings.The listing ID for this property is 2017879131.

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