• For Sale
  • Office
7 Year WALE, International Tenant
7 Year WALE, International Tenant
7 Year WALE, International Tenant
7 Year WALE, International Tenant
7 Year WALE, International Tenant
7 Year WALE, International Tenant
7 Year WALE, International Tenant
7 Year WALE, International Tenant
7 Year WALE, International Tenant
7 Year WALE, International Tenant

For Sale

Auction 1st Oct 2020 Cooley Auctions, Dexus Place, Level 5, 1 Margaret Street, Sydney, NSW 2000
Colliers International is pleased to present the opportunity to acquire Via Public Auction Lot 2, 17-19 Danks Street, Waterloo.

This property is currently tenanted by one of the worlds fastest growing gym franchises with over 1,000 gyms worldwide. This property offers a secure retail investment within close proximity to one of the NSW Governments urban renewal programs including Waterloo Metro Quarter and Waterloo Estate.

Key features:

- Leased to International Gym Franchise Orangetheory Fitness
- 7 years on initial term with 2 x 5-year options
- Net income $128,711.74*
- Total strata area: 397m²*
- New building, allowing for potential tax depreciations
- 3 parking spaces on title
- Gross income at the end of first term $181,045.26*

Conveniently located in the heart of south Sydney’s core business precinct Waterloo and only a short distance to the densely populated residential suburbs of Surry Hills, Zetland and Green Square. This property benefits from the amenity each of these cores has on offer – parks & open spaces, library, aquatic and recreation facilities, and retail amenity.

This property will be auctioned at 10:30am on the 1st of October 2020 at Cooley CBD, Level 5, 1 Margaret Street, Sydney, 2000

For further information and to request a due diligence pack, please contact the exclusive selling agents.

Tom Barnier
0499 888 024

OR

Jackson Wray
0404 062 237

* Approximately

Property Details