12 & 13/28 Lockwood Avenue, Belrose

For Sale
$2,950,000
20

Premium Investment with National Tenant – Snap Fitness (6.07% Net Yield)

Retail
601m2
Commercial Licensee/Director in Charge

Licensed Commercial Sales & Leasing Agent

Commercial Sales & Leasing Associate

Location

Premium Investment with National Tenant – Snap Fitness (6.07% Net Yield)

Retail
601m2

Location

Premium Investment with National Tenant – Snap Fitness (6.07% Net Yield)

A rare chance to secure high-performing, brand-new retail investment in one of the Northern Beaches’ most desirable and fast-evolving suburbs. This outstanding opportunity combines long-term lease’s, premium-grade construction and an unbeatable location adjacent to Glenrose Village Shopping Centre. Belrose is experiencing ongoing demographic and infrastructure growth, making it a solid choice for long-term capital and income security.

* Internal Area: 601sqm
* 20 car spaces included
* Street and plaza frontage opportunities
* Part of a newly constructed, boutique shop top development
* Disabled access to each tenancy, ensuring compliance and accessibility
* Central open-air atrium with landscaped surrounds and alfresco seating
* Multiple lift access points providing ease of movement for all users
* End-of-trip facilities, including bicycle storage and shared disabled amenities in the building
* Approx. 3 – 3.2m ceiling height
* Zoning: E1 Local Centre
* Estimated completion – Q2 2026

Lease details
* Tenant: Snap Fitness (Gym)
* Term: 5 + 5
* Reviews: 3% annually
* Rent: $250,000 + GST Gross (Reflects $179,082 + GST Net)
* Outgoings: $70,918 approx per annum

Belrose has very leafy surrounds and a lovely community feel and this development is perfectly situated close to all local amenities. Moments away from schools, Lionel Watts reserve & Frenchs Forest showground, Glenrose Shopping Village, bus stops and main roads, the building is very well placed in terms of connectivity, convenience and accessibility.

Contact Vincent West 0403 444 000, Oliver Rosati on 0428 877 888 or Tom Wheen on 0452 449 906 today for your inspection.

**All prices are per annum and quoted areas/measurements are approximations only**

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