Set-and-forget investment - Virgin Active tenancy, Norwest Business Park
Here is a rare opportunity to secure a passive, income-producing commercial asset backed by one of Australia's most recognised fitness brands. This 115sqm strata suite forms part of the award-winning Virgin Active health club precinct at 2-8 Brookhollow Avenue, Norwest - one of Sydney's premier business park addresses.
The property offers investors the comfort of a long-term lease structure, with the initial 15-year term underpinned by the tenant's exercise of their first 5-year option - demonstrating genuine commitment to the location. With a further 5-year option remaining, total lease tenure could extend well into the 2030s.
Income growth is locked in, with fixed annual rent reviews of 3.5% per annum delivering reliable, above-CPI escalations year on year. The current net passing rent of $90,938.26 per annum is entirely net - the tenant pays all outgoings, meaning your return arrives with no hidden costs eating into it.
Offered for sale via Expressions of Interest, this asset is priced to reflect a compelling net yield of approximately 5.87% - an attractive entry point into a defensive, long-income investment with a globally recognised covenant.
Whether you're a seasoned investor or looking to add a truly passive asset to your portfolio, this listing ticks every box: blue-chip tenant, transparent income, predictable growth, and a thriving business park location.
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About norwest
median House price
1780000suburb growth
7.3%median House rent
1025suburb rental yield
3.0%Similar Properties
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