CycleBar Fitzroy, 270 Young Street (Cnr Chapel Street),
Fitzroy, VIC 3065
Shops & Retail • Offices • Other
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CBRE - VIC
Level 34, 8 Exhibition StreetMELBOURNE, VIC 3000
03 9613 04...
CycleBar Fitzroy, 270 Young Street (Cnr Chapel Street)
Fitzroy, VIC 3065
Map of CycleBar Fitzroy, 270 Young Street (Cnr Chapel Street)
NEW 10 YEAR LEASE TO INTERNATIONAL FRANCHISE WITH PROVEN SUCCESS
- BRAND NEW 10 YEAR LEASE WITH OPTIONS
- INCOME OF $135,000 PA*
- SIGNIFICANT DEPRECIATION BENEFITS
+Brand new 10 year lease + options returning an annual income of $135,000*
+100% leased to Cyclebar, the first & largest network of indoor cycling studios in the world, with more than 200 locations in operation and proven success
+New fitout allowing significant tax saving depreciation benefits for an incoming investor
+Convenient and secure basement parking for two vehicles included on-title
+Located 1.50 km* from the Melbourne CBD, benefitting from direct access to various forms of public transport via tram routes along Brunswick Street, Smith Street and Nicholson Street, and bus routes on Johnston Street
Contact the CBRE team for more information and to arrange an inspection:
Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au
Scott Hawthorne
+61 400 861 048
scott.hawthorne@cbre.com.au
Alex Brierley
+61 447 974 447
alex.brierley@cbre.com.au
Jing Jun (JJ) Heng 王敬君
+61 411 059 116
jj.heng@cbre.com.au
*Approx.
+100% leased to Cyclebar, the first & largest network of indoor cycling studios in the world, with more than 200 locations in operation and proven success
+New fitout allowing significant tax saving depreciation benefits for an incoming investor
+Convenient and secure basement parking for two vehicles included on-title
+Located 1.50 km* from the Melbourne CBD, benefitting from direct access to various forms of public transport via tram routes along Brunswick Street, Smith Street and Nicholson Street, and bus routes on Johnston Street
Contact the CBRE team for more information and to arrange an inspection:
Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au
Scott Hawthorne
+61 400 861 048
scott.hawthorne@cbre.com.au
Alex Brierley
+61 447 974 447
alex.brierley@cbre.com.au
Jing Jun (JJ) Heng 王敬君
+61 411 059 116
jj.heng@cbre.com.au
*Approx.
Fitzroy, 3065 demographic data
The median household income for Fitzroy is $2,194, 15% higher than Greater Melbourne's household income of $1,901. Fitzroy has a younger age profile compared to the rest of Greater Melbourne (median age 35 vs 37). Property ownership data shows 51% of property owners in Fitzroy have a mortgage.
10,431
Population
$2,194 per week
Median household income
35 years
Median age
Renters
Most residents
Families
Most households
CBRE - VICLevel 34, 8 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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