FIT FOR INVESTMENT

Cushman & Wakefield is pleased to present 131-133 Grange Road, Beverley for sale by Expressions of Interest – a secure, fully leased ‘set and forget’ investment in the health and fitness sector.

The property provides investors the superb opportunity to acquire a fully refurbished freestanding property with 10 year leases in place to Core Physio and Revo Fitness.

Situated just 4km from the CBD and 6km from the beach, the property occupies a prime location in the inner western suburb of Beverley and boasts a valuable landholding of 2,430 square metres.

With two 10+5+5 year leases in place, the property provides security of income over an extended period, with current net income of $388,200 per annum.

In a market that is starved of high-quality investment opportunities, 131-133 Grange Road, Beverley has all the fundamentals of a superb investment and we strongly recommend it for your serious consideration.

Key property highlights:

• Modern refurbished building of 1,808sqm* NLA
• 2 tenants on 10+5+5 yr leases
• Net passing income of $388,200pa
• Huge 2,430sqm* site with parking for 63 cars
• High profile Grange Road location
• No Stamp Duty or GST on acquisition

131-133 Grange Road, Beverley is offered for sale by Expression of Interest closing 4pm Thursday 20 July 2023.

For more information or to arrange an inspection please contact the agents

*approx.

RLA 315726