Next Gen 21 Members Drive,
Doncaster, VIC 3108
Shops & Retail
Key property information
Land area
Floor area
Car spaces
Tenure type
Sold on
CBRE - Melbourne
Level 34, 8 Exhibition StreetMELBOURNE, VIC 3000
Next Gen 21 Members Drive
Doncaster, VIC 3108
Map of Next Gen 21 Members Drive
Triple Net Lease to Multinational Tenant
- Rare Triple Net Lease returning $1.6m
- Securely leased with options until 2060
- Commanding landholding of 10,950sqm
CBRE is privileged to exclusively present to the market for sale Next Gen Doncaster, a purpose built, state-of-the-art health and wellness club underpinned by a triple net lease to Next Generation Clubs Australia. The asset represents a rare opportunity to acquire a market revered health and lifestyle club amid Australia’s rapid growth in demand and appreciation in the wellness sector.
This purpose-built facility has been meticulously designed and developed by Next Gen to align with their operational needs and ensure long-term occupancy. The asset occupies a prime corner position along Doncaster Road with over 110m of direct frontage with unparalleled exposure and access in Doncaster, 13km northeast of Melbourne’s CBD.
Key Investment Highlights Include:
+ True triple net lease with all outgoings including land tax and capital expenses the responsibility of Next Gen
+ Set & forget blue-chip investment with a commencement rent of $1.6m set to market levels with guaranteed annual 3% rental reviews providing for a secured income stream
+ Long-term income security with an initial 15-year lease with two further optional terms of 10 years thereafter
+ Purpose-built, state-of-the-art facilities meticulously designed for the operations of Next Gen securing their commitment to the site for generations to come
+ Commanding corner landholding of 10,950 sqm* boasting direct site lines and uninterrupted views of Melbourne’s CBD
+ Purpose built in 2021 the asset offers significant depreciation benefits
+ Securely leased to Next Generation Clubs Australia a proven leader with six (6) clubs nationwide forecast to take advantage of the growing demand and rising interest in the health and wellness sector
+ The asset is further complimented by 172 car spaces both on-grade and under-croft
Next Gen Doncaster is being offered for sale.
To obtain further information or to arrange an inspection, please contact the exclusive selling agents.
Sam Guest
Sam.guest@cbre.com
+61 458 467 4...
Jamie Hess
Jamie.hess@cbre.com
+61 401 356 7...
James Douglas
James.douglas@cbre.com
+61 419 973 2...
CBRE Asian Services Desk:
Jing Jun (JJ) Heng 王敬君 (中文普通话咨询物业详情)
+61 411 059 1... (手机)
jj.heng@cbre.com (电子邮件)
jheng1206 (微信)
*Denotes Approx.
This purpose-built facility has been meticulously designed and developed by Next Gen to align with their operational needs and ensure long-term occupancy. The asset occupies a prime corner position along Doncaster Road with over 110m of direct frontage with unparalleled exposure and access in Doncaster, 13km northeast of Melbourne’s CBD.
Key Investment Highlights Include:
+ True triple net lease with all outgoings including land tax and capital expenses the responsibility of Next Gen
+ Set & forget blue-chip investment with a commencement rent of $1.6m set to market levels with guaranteed annual 3% rental reviews providing for a secured income stream
+ Long-term income security with an initial 15-year lease with two further optional terms of 10 years thereafter
+ Purpose-built, state-of-the-art facilities meticulously designed for the operations of Next Gen securing their commitment to the site for generations to come
+ Commanding corner landholding of 10,950 sqm* boasting direct site lines and uninterrupted views of Melbourne’s CBD
+ Purpose built in 2021 the asset offers significant depreciation benefits
+ Securely leased to Next Generation Clubs Australia a proven leader with six (6) clubs nationwide forecast to take advantage of the growing demand and rising interest in the health and wellness sector
+ The asset is further complimented by 172 car spaces both on-grade and under-croft
Next Gen Doncaster is being offered for sale.
To obtain further information or to arrange an inspection, please contact the exclusive selling agents.
Sam Guest
Sam.guest@cbre.com
+61 458 467 4...
Jamie Hess
Jamie.hess@cbre.com
+61 401 356 7...
James Douglas
James.douglas@cbre.com
+61 419 973 2...
CBRE Asian Services Desk:
Jing Jun (JJ) Heng 王敬君 (中文普通话咨询物业详情)
+61 411 059 1... (手机)
jj.heng@cbre.com (电子邮件)
jheng1206 (微信)
*Denotes Approx.
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Doncaster, 3108 demographic data
25,020
Population
$1,592 per week
Median household income
40 years
Median age
Owners
Most residents
Families
Most households
CBRE - MelbourneLevel 34, 8 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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