Own the gym at a good return


Auckland Central

By Negotiation

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Own the gym at a good return | Auckland Central | 1687883 |      X Close
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Own the gym at a good return


* Large unit retail inside of 4.5 Star Cordis Hotel with dual entrance from both Symonds St and Karangahape Road

* Approx. 906sqm space for retail/office/conference

* Occupied by largest national gym brand - FLEXFITNESS with long term lease

* Returning $196,115.4pa + GST with fixed increase of 2% annually hard ratchet clause

* Easy access to transport system

Register your interest for possibly a once in a life time investment opportunity to purchase this approx. 906m² freehold space alongside the grand entrance to The Great Room(the conference facility of Cordis) and facing the main entrance of the luxurious 10 storey 4.5 star 450+ room Cordis Hotel - Awarded 3 times Best Hotel in New Zealand. The Cordis Hotel provides a great opportunity to leverage off the high profile and creditability of this international hotel.

Secure the 10 years' long term lease with final expiry date on 30/12/2031, sit back and enjoy the cash flow of $196,115.4pa + outgoings + GST per annum as well as fixed increase of 2% annually hard ratchet clause .

Act now to secure this prime investment positioned in the busy CBD location.