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. 906sqm 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.