PROPERTY ID: 292

This double story studio is ideal for a Pilates, Dance or Yoga operator looking for great exposure with cheap rent. Located on Grange road, the space comes as is, with mirrors, carpet and air conditioning.

Easily transform this into a yoga / pilate / pole / dance studio.

The studio has two rooms, reception/waiting area, change rooms, storage and bathroom.

All utilities (water and electricity) are included in the rent.

Located at the Ivanhoe end of Grange Road, this space has an estimated 30,000 cars driving past each week. Signage options available on the ground floor.

Existing permit for a fitness studio.

Note from the current business operators: This premises was recently purchased as 1 of 3 studios and was included to purchase the other two studios. We see so much potential with this location as it has all the hallmarks of a brilliant space. It’s warm and inviting, plenty of natural lighting and on a busy main road. The hardest part (fitting the studio out and council approval) is complete and you can literally rebrand and open the doors for immediate business. While we would have loved to grow this studio ourselves we have our hands full with our other four locations. Further more the space does not fit our requirements to run our Pole and Aerial program within. This space would be a perfect fit for a sole operator who can focus on growing the studio with their presence, energy and attention.

There is just over 2 years left on the current lease term with an option for two more 3 year terms at the start of 2020. It’s an amazing opportunity for anyone wanting to expand without the risk/pressure of signing a long term lease. This opportunity will go quickly.