For Sale
PRIME CITY FRINGE INVESTMENT - LEASED TO GLOBAL BOXING BRAND
540-542 City Road, South Melbourne VIC 3205
Vinci Carbone are pleased to offer this exceptional retail investment in a premium South Melbourne location.
An extremely desirable investment opportunity leased to Rumble Boxing, the world’s largest boxing franchise backed by New York Stock Exchange listed Xponential Fitness (NYSE: XPOF) that boasts a market capitalisation of approx. $408m USD.
Rarely does such an opportunity arise in such a tightly held location for astute investors wanting to acquire a prominent freestanding building being within walking distance to South Melbourne’s highly desired retail precinct.
Key Highlights:
+ Strong Tenant Profile: Current tenant has occupied the property since 2022 and has experienced YOY member growth. Rumble Boxing are the world's largest boxing brand with 103 global operational studios.
+ Long Lease: 10 Year Lease to Rumble Boxing to 2032 plus Options to 2042.
+ Income: Currently returning $158,445 per annum* plus Outgoings plus GST.
+ Reviews: Excellent potential rental upside with fixed compounding annual increases of 3% p.a. and open market reviews at option renewals.
+ Landholding: Significant Capital City 1 landholding of 329 sqm* with a street frontage of over 10m* to City Road.
+ Improvements: Impressive standalone freehold building of 285sqm* with rear access. Start of the art fit-out completed the tenant.
+ Prime Location: Outstanding location situated 400m* from the renowned South Melbourne Market and many more highly desirable amenities on Clarendon Street and Cecil Street.
+ Development Opportunity: Future development potential for a six-level mixed use building (STCA).
For Sale by Expressions of Interest closing Thursday 5 March 2026 at 4pm.
Zach Molinaro
0488 300 575
[email protected]
*approx.
An extremely desirable investment opportunity leased to Rumble Boxing, the world’s largest boxing franchise backed by New York Stock Exchange listed Xponential Fitness (NYSE: XPOF) that boasts a market capitalisation of approx. $408m USD.
Rarely does such an opportunity arise in such a tightly held location for astute investors wanting to acquire a prominent freestanding building being within walking distance to South Melbourne’s highly desired retail precinct.
Key Highlights:
+ Strong Tenant Profile: Current tenant has occupied the property since 2022 and has experienced YOY member growth. Rumble Boxing are the world's largest boxing brand with 103 global operational studios.
+ Long Lease: 10 Year Lease to Rumble Boxing to 2032 plus Options to 2042.
+ Income: Currently returning $158,445 per annum* plus Outgoings plus GST.
+ Reviews: Excellent potential rental upside with fixed compounding annual increases of 3% p.a. and open market reviews at option renewals.
+ Landholding: Significant Capital City 1 landholding of 329 sqm* with a street frontage of over 10m* to City Road.
+ Improvements: Impressive standalone freehold building of 285sqm* with rear access. Start of the art fit-out completed the tenant.
+ Prime Location: Outstanding location situated 400m* from the renowned South Melbourne Market and many more highly desirable amenities on Clarendon Street and Cecil Street.
+ Development Opportunity: Future development potential for a six-level mixed use building (STCA).
For Sale by Expressions of Interest closing Thursday 5 March 2026 at 4pm.
Zach Molinaro
0488 300 575
[email protected]
*approx.