Sardelic Real Estate is proud to present 7/2 Meadowvale Avenue, South Perth for sale by Private Treaty.
This investment property enjoys a prime location in the Meadowvale Shopping Centre in South Perth and is centrally located on Mill Point Road.
The fitness industry is growing at 8.7% per anum nationwide. Physique Performance Specialists newest franchise is the South Perth gym, adding to Yangebup, Wanneroo and Morley.
The tenant is midway through the first 3 year term and has the option of an additional 3 years.
A substantial investment in the fit out and re design of the building has been undertaken by the tenant.
Property Details
* A modern strata complex, which is well maintained on the corner of Mill Point Road and
Meadowvale Avenue South Perth.
* The internal area of the showroom is 288 sqm. The full entitlement including the storage area is
305sqm.
* Lease Term: 1st July 2020 to 30th June 2023 Option: 36 months
* Review: 3% annually
For the information memorandum with the full property financials, please call Simmon Sardelic on
0414 924 950