Prime Property In Melbourne
This high-yielding investment opportunity is located in Melbourne. The freehold commercial property features two thriving tenants: Genesis Gym, a dynamic enterprise boasting over 2,000 members, and a sought-after swim school with bookings scheduled months in advance.
These impressive tenancies ensure consistent income and security for our savvy investor client. Acquired exclusively off-market by Rethink Investing this exceptional asset outperforms the average 6% yield for similar investments with an outstanding 8.44% net return—evidence of its excellent value.
Key Highlights
• Building Area: 2,220m2
• Land Area:6,000m2 (corner site)
• Net income of $654,412, (after 100% of outgoings including mgt fees and land tax)
• Constructed 2009, therefore offering depreciation benefits, and available well below replacement cost
• General residential zoning, indicating the potential for future residential development
report, bank fees)
Purchasing Cost
Purchasing Costs
MORTGAGE COSTS
More Properties
Start Creating Wealth Through Property Today
Insert your details to book a complimentary consultation with one of our expert Senior Buyer Advocates.
