136 Goodwood Road,
Goodwood, SA 5034
Shops & Retail • Medical & Consulting
Key property information
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CBRE - VIC
Level 34, 8 Exhibition StreetMELBOURNE, VIC 3000
136 Goodwood Road
Goodwood, SA 5034
Map of 136 Goodwood Road
Love Athletica | Fitness Investment to National Brand | 7 year lease to 2030
- 7 Year Lease to 2030 + Opts to 2038
- Annual Fixed 3.5% Rent Increases
- Stamp Duty Free Investment
Burgess Rawson from CBRE and CBRE Adelaide are pleased to offer to market ‘Love Athletica’ at Ground Floor, 136 Goodwood Road, Goodwood for sale via Private Treaty.
The property has the following key investment highlights:
+ Seven (7) Year lease to November 2030 plus Two (2) further options of 5 + 3 years through to 2038.
+ Love Athletica: A national boutique fitness studio with 9 locations and growing dedicated to energising Pilates through Hot Mat workouts and reformer classes.
+ Landlord favourable net lease terms with tenant paying usual outgoings including rates and building insurance.
+ Fixed, compounding 3.5% annual rent increases ensuring continued income growth.
+ Well-presented, new modern 225sqm* showroom featuring reception, amenities, demised showers/changerooms.
+ Two (2) large showrooms featuring premium fit outs to Love Athletica’s latest corporate design and functional layout presented for reformer and hot mat classes
+ Four (4) allocated on-title car spaces.
+ Lease secured by 3 months Bank Guarantee equivalent to Rent plus outgoings.
+ Strategically positioned providing ground floor frontage to Goodwood Road.
+ Goodwood: Affluent inner-city suburb of Adelaide only 2km* from the Adelaide CBD, with a median house price of $1,510,000.
+ City of Unley: The LGA supports 22,927 jobs and producing an annual economic output of $7.114 billion.
+ Stamp Duty Free investment, no stamp duty payable on commercial property in South Australia.
+ Net Income: $113,978 pa* + GST**
To be sold via Private Treaty
CBRE SA RLA | 208125
The property has the following key investment highlights:
+ Seven (7) Year lease to November 2030 plus Two (2) further options of 5 + 3 years through to 2038.
+ Love Athletica: A national boutique fitness studio with 9 locations and growing dedicated to energising Pilates through Hot Mat workouts and reformer classes.
+ Landlord favourable net lease terms with tenant paying usual outgoings including rates and building insurance.
+ Fixed, compounding 3.5% annual rent increases ensuring continued income growth.
+ Well-presented, new modern 225sqm* showroom featuring reception, amenities, demised showers/changerooms.
+ Two (2) large showrooms featuring premium fit outs to Love Athletica’s latest corporate design and functional layout presented for reformer and hot mat classes
+ Four (4) allocated on-title car spaces.
+ Lease secured by 3 months Bank Guarantee equivalent to Rent plus outgoings.
+ Strategically positioned providing ground floor frontage to Goodwood Road.
+ Goodwood: Affluent inner-city suburb of Adelaide only 2km* from the Adelaide CBD, with a median house price of $1,510,000.
+ City of Unley: The LGA supports 22,927 jobs and producing an annual economic output of $7.114 billion.
+ Stamp Duty Free investment, no stamp duty payable on commercial property in South Australia.
+ Net Income: $113,978 pa* + GST**
To be sold via Private Treaty
CBRE SA RLA | 208125
Goodwood, 5034 demographic data
The median household income for Goodwood is $1,918, 24% higher than Greater Adelaide's household income of $1,548. Goodwood has an older age profile compared to the rest of Greater Adelaide (median age 40 vs 39). Property ownership data shows 45% of property owners in Goodwood have a mortgage.
2,823
Population
$1,918 per week
Median household income
40 years
Median age
Owners
Most residents
Families
Most households
CBRE - VICLevel 34, 8 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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ADELAIDE, SA 5000
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421-423 Goodwood Road,Westbourne Park, SA 5041 1161 m²Shops & Retail • Medical & Consulting • Other