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Aston Commercial - MELBOURNE

14 Ripon Grove Elsternwick, VIC 3185

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14 Ripon Grove,
Elsternwick, VIC 3185

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Aston Commercial - MELBOURNE
Jeremy Gruzewski
Joshua Colosimo

Aston Commercial - MELBOURNE

Level 15, 627 Chapel Street
SOUTH YARRA, VIC 3141
Aston Commercial - MELBOURNE
14 Ripon Grove
Elsternwick, VIC 3185

Map of 14 Ripon Grove

Directions
  • Train stations within 5 km of 14 Ripon Grove, Elsternwick, VIC 3185Distance
    Elsternwick Station141 m
    Ripponlea Station837 m
    Gardenvale Station1.5 km
    Balaclava Station1.6 km
    North Brighton Station2.4 km
    POWERED BY HERE ©
  • Tram stops within 5 km of 14 Ripon Grove, Elsternwick, VIC 3185Distance
    44-Elsternwick Railway Station/Glenhuntly Rd (Elsternwick)99 m
    42-Hotham St/Brighton Rd (St Kilda East)273 m
    45-Elsternwick Shopping Centre/Glenhuntly Rd (Elsternwick)404 m
    41-Coleridge St/Brighton Rd (Balaclava)475 m
    46-Orrong Rd/Glenhuntly Rd (Elsternwick)626 m
    POWERED BY HERE ©
  • Bus stops within 5 km of 14 Ripon Grove, Elsternwick, VIC 3185Distance
    43-Brighton Rd/Glenhuntly Rd (Elsternwick)132 m
    Elsternwick Railway Station/Horne St (Elsternwick)190 m
    Elsternwick Railway Station/20 Horne St (Elsternwick)198 m
    Elsternwick Park/Glen Huntly Rd (Elsternwick)257 m
    Nepean Hwy/Hotham St (Elsternwick)270 m
    POWERED BY HERE ©
POWERED BY HERE ©

FLEX YOUR MUSCLES - ANYTIME FITNESS WITH 10 YEAR LEASE

  • Annual Rent of $402,000* + GST (net)
  • New Ten (10) Year Lease to July '33
  • Leased to Global Fitness Giant
Aston in conjunction with Iceberg & Co are pleased to present 14 Ripon Grove, Elsternwick for sale by Private Sale.

This brand-new investment benefits from a ten (10) year lease to global fitness giant Anytime Fitness and flexes its muscles with an annual rental income of $402,000* + GST.

The features:

• Total building area of 1,148m²*
• Annual net rental income of $402,000* + GST
• Ten (10) year lease commenced July 2023
• Fixed 3.5% annual increases
• Nineteen (19) car spaces
• Part of brand-new Elsternwick Village mixed-use development
• Excellent depreciation benefits
• Leased to global fitness giant Anytime Fitness

Anytime Fitness have over 5,000 locations and operate in over 50 countries around the world making this a high profile and secure investment and one that is certain to 'bulk up' your portfolio.

Contact the exclusive marketing agents from Aston or Iceberg & Co to receive further information.

*approx

Property ID: 504524336Last Updated: 14 May 2024

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