14 Ripon Grove, Elsternwick

BUY ME. 14 RIPON GROVE

ELSTERNWICK

I’m occupied by a global fitness giant

LET ME INTRODUCE MYSELF.

YOUR EXCLUSIVE AGENTS, SAY HELLO TODAY.

Jeremy Gruzewski

Joshua Colosimo

Peter Milonakos

Executive Director 0422 211 021 jeremy@astoncommercial.com.au

Agency Executive 0413 790 309 joshua@astoncommercial.com.au

Director 0409 633 773 peter@icebergco.com.au

14 RIPON GROVE

ELSTERNWICK

Are you ready to set the stage for your next decade of investment success? Then look no further.

This isn’t just a typical investment property - it is a lucrative opportunity to secure a prime commercial asset in one of Melbourne’s most affluent locations. And the tenant? None other than worldwide fitness powerhouse, Anytime Fitness.

BUILDING AREA:

1,148 sqm*

BUY ME.

Expressions of Interest closing Thursday 21st March at 3pm

ZONING Commercial 1 Zone (C1Z)

402,00 per annum TERM: 10 Years RENT:

Commenced - 21st July 2023

19

NINETEEN CAR PARKS

TERMS OF SALE 10% deposit with the balance payable in 30/60/90 days

*approx

I’M FAMOUS. LEASED TO GLO BAL GYM TITAN ANYTIME F ITNESS. Anytime Fitness has solidified its position as a global fitness powerhouse, establishing a formidable presence across the world. The brand boasts an extensive network of gyms, surpassing 5,000 locations spread across more than 50 countries. What sets Anytime Fitness apart is its commitment to accessibility, offering 24/7 access to its facilities, providing members the flexibility to work out at any time that suits their schedule. This approach has resonated with fitness enthusiasts worldwide, contributing to the brand’s dominance in the industry.

TENANT BUSINESS NAME

Anytime Fitness

RENTAL

$402,000

LEASE TERM

10 years

COMMENCEMENT

21/07/2023

OPTIONS

5 + 5 years

ANNUAL INCREASES OR REVIEWS

3.5%

SECURITY DEPOSIT

$147,000

5000+

locations in over 50 countries across the globe.

569

locations throughout Australia

No 1.

Australia’s largest and number 1 gym network

I HAVE A SCULPTED, CHISELED AND IMMACULATE FIT OUT!

Elsternwick 3185.

Glen Huntly Road, the bustling retail strip at the heart of Elsternwick, offers an exciting and diverse shopping experience.

This vibrant commercial hub is a shopper’s paradise, with a wide range of stores, eateries, and entertainment venues to explore.

ELSTERNWICK

City of Glen Eira Median house price:

$2,137,500 Neighbouring suburbs: ELWOOD

$2,275,000 BRIGHTON

$3,137,500 CAULFIELD

$1,990,000

Overview of workers - City of Glen Eira Live and work in the area:

17.21% Live in the area, but work outside:

59.18% Work in the area, but live outside:

23.61%

Well serviced by

lifestyle

12,103

$2,310

50.7%

34.5%

trains

buses

Population

Median weekly household income

Have achieved Bachelor or Higher degree

Live Alone

trams

BUY ME.

14 RIPON GROVE

ELSTERNWICK

WHAT, WHEN & HOW? For Sale by Expressions of Interest Closing Thursday 21st March at 3pm

Terms: 10% deposit with the balance payable in 30/60/90 days Payment of Deposit Options: 1. Cheque – Personal or Bank payable to Aston Commercial Sales Trust Account 2. Macquarie Direct Debit Pay via secure portal link

INSPECT By private appointment with the exclusive marketing agents

REQUEST A contract of sale and vendors statement

Jeremy Gruzewski

Joshua Colosimo

Peter Milonakos

Executive Director 0422 211 021 jeremy@astoncommercial.com.au

Agency Executive 0413 790 309 joshua@astoncommercial.com.au

Director 0409 633 773 peter@icebergco.com.au

DISCLAIMER “Materials” refers to any representations, statements, documents, data, statistics, measurements, estimates, figures, calculations, projections, approximates or otherwise stated by Iceberg & Co or Aston Commercial Pty Ltd whether verbally or in writing. The Materials have been collated to assist potential purchasers for advertising and general information only to assist potential purchasers to decide whether to proceed with further investigation in relation to the property or the land. The Materials provided by Iceberg & Co and Aston Commercial do not constitute any offer or contract of sale and is not to be relied upon prior to signing any relevant contract. Any dimensions or measurements of the property or the land (internal and external) are approximates only and should not be relied upon before signing any contract. The potential purchaser must conduct investigations to satisfy themselves that any Materials provided are accurate. Aston Commercial and Iceberg & Co excludes unequivocally all inferred or implied terms, conditions and warranties arising out of the Materials and excludes all liability for loss and damage arising therefrom. *Approximate