540-542 City Road, South Melbourne

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As Melbourne’s leading independent commercial property agency, we take pride in creating worth across all four points of this city.

01. Point of Interest

02. Point of View

03. Property Features

04. Tenancy Schedule

05. Development Opportunity

06. Location

07. Property Particulars

This prime investment opportunity is secured by Rumble Boxing, the world’s largest boxing franchise, backed by Xponential Fitness (NYSE: XPOF) with a market capitalisation of $674M.

Rarely do opportunities like this come up in such a tightly held location—ideal for savvy investors seeking a prominent freestanding building just steps away from South Melbourne’s sought-after retail precinct.

Ian Angelico | 0418 336 088

ian.angelico@cva.melbourne

“A heavyweight opportunity in the heart of South Melbourne!”

In more than 30 years, Ian has witnessed the successful signing of more than two thousand commercial real estate transactions – which is more of a legacy, than a track record. And it’s one that has been achieved by adopting a methodical approach amongst a myriad of changing variables. It’s one that has been sharpened through his holistic exposure to commercial projects across all points of Melbourne. By focusing on maximising each property’s profitability, Ian ensures that at the end of the day, it’s maximising value that determines his success.

Jarrod Moran | 0413 251 621 jarrod.moran@cva melbourne

“Step into the ring with this unbeatable South Melbourne gem!”

The key word you’re looking for is knowledge. It’s Jarrod’s established market understanding, extensive business experience and strong work ethic defined by motivation and dedication, that makes him a seasoned asset not just to CVA but to your day to day. And it’s this energy that amplifies opportunity — in Melbourne, in the market and in the minds of his clients.

The property is a single-level freehold featuring a state-of-the-art fit-out, completed by the tenant, with an investment of over $700,000.

TENANCY SCHEDULE

Tenant

Current rental

RMBL 4 The Boys Pty Ltd T/A Rumble South Melbourne

$149,350 per annum | $153,830.50 from October 2024

Lease term 10 years

Commencement date 26 October 2022

Further terms

Rental reviews

Outgoings

Two (2) further terms of five (5) years

Fixed 3% annual increase

Tenant pays all outgoings except for Land Tax

Security An amount of $53,166.67 being four (4) months rental inclusive of GST

Rumble Boxing is a member of Xponential Fitness, the world’s largest franchise group of boutique fitness brands. Xponential Fitness encompasses a wide range of fitness verticals, including pilates, barre, cycling, rowing, dance, yoga, running, boxing, functional training, and stretching. Founded in 2017 by Anthony Geisler, Xponential Fitness was established with the vision of uniting top boutique fitness brands under one platform, driven by a mission to make boutique fitness accessible to everyone. With over 2,750 locations worldwide, Xponential Fitness is the leading global franchisor of boutique fitness brands.

More information can be found at https://www.rumbleboxinggym.com

DEVELOPMENT OPPORTUNITY

An opportunity to develop a six-level mixed use development (STCA). Please click onto the link below to obtain the proposed pre-application advice.

Please note this scheme is conceptual only.

All signs point to: South Melbourne.

Perfectly positioned within walking distance of the iconic South Melbourne Market and bustling retail precinct, this property places you at the heart of a dynamic commercial hub. Nearby, you’ll find major anchor tenants on Cecil Street, including Woolworths, Coles, Aldi, Australia Post, and Dan Murphy’s—offering unmatched convenience and foot traffic.

Surrounding the area are trendy hospitality hotspots such as Albion Rooftop, Golden Gate Hotel, and South Melbourne Hotel. Popular national food retailers like Grill’d, Betty’s Burgers, Nando’s, Oporto, and Hunky Dory are all within a 1-kilometre radius, enhancing the lively neighbourhood atmosphere.

Established in 1867, the South Melbourne Market is a cherished inner-city landmark, home to a vibrant mix of fresh food stalls, delis, cafés, and boutique fashion outlets. With convenient public

transport options including bus routes on City Road and Ferrars Street, and South Melbourne Station just 450m* away, accessibility is another key advantage of this prime location.

And the point?

South Melbourne hits the sweet spot—close to the CBD with unbeatable access. With West Gate Freeway and Kingsway at your doorstep, you’re perfectly positioned for city-wide access.

Title particulars

Zoning

Planning Overlays

Municipality

Certificate of Title — Volume 05921 Folio 157 Lot 1 on Title Plan 444311S

Capital City Zone - Schedule 1

Design And Development Overlay - Schedule 30

Environmental Audit Overlay

Heritage Overlay (Ho513)

Infrastructure Contributions Overlay - Schedule 1

Parking Overlay - Precinct 1

City of Port Philip

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