114 Brookhollow Avenue
Norwest, NSW 2153

Overview

114 Virgin Active Gy / 2-8 Brookhollow Avenue

This property presents a rare opportunity to acquire a passive, income-generating commercial asset secured by one of Australia's most recognised fitness brands. The 115 square meter strata suite is part of the award-winning Virgin Active health club precinct located at 2-8 Brookhollow Avenue, Norwest, situated within one of Sydney's premier business park addresses.

Investors will appreciate the security of a long-term lease arrangement, initially set for 15 years and supported by the tenant's exercise of their first 5-year option, reflecting a strong commitment to the location. An additional 5-year option remains, potentially extending the lease well into the 2030s.

The investment benefits from locked-in income growth, with fixed annual rent increases of 3.5% per annum, providing reliable, above-CPI escalations year after year. The current net passing rent stands at $90,938.26 per annum, which is entirely net, as the tenant is responsible for all outgoings. This ensures that the investor's return is free from hidden costs.

Offered for sale through Expressions of Interest, this asset is competitively priced to deliver an attractive net yield of approximately 5.87%. It represents an excellent entry point into a defensive, long-income investment backed by a globally recognised covenant.

Whether you are an experienced investor or seeking to add a truly passive asset to your portfolio, this listing offers all the key attributes: a blue-chip tenant, transparent income, predictable growth, and a thriving business park location.

Location