High Yielding Investment - 8.52%* Net

– 5 year lease commenced 01/02/2018 with 2 further 5 year options
– Current rent $111,100** p.a. with fixed annual increases
– Tenant pays all usual outgoings
– Iconic recreational facility
– Freestanding building with total site area of approx. 1,875m2*
– Outstanding location on the city fringe, onsite parking and further development potential (S.T.C.A)
– Easy ingress and egress to Princes Highway
– Short walk to Traralgon’s CBD and Railway Station
– Building features large fitness centre, 25m indoor heated pool, open plan recreational area, separate group fitness room, manager’s office and a range of change room facilities and other amenities

* approx.
** Rental amount excludes rent payable by the owner to Victrack of $4,680 for land lease.

Property Features
  • Hotel/Leisure
  • Floor Area is 1,875 m²
  • 22 Car Spaces

Ben Wilson
Principal / Licensed Estate Agent
0412 525 542