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JLL - Brisbane

461 Lutwyche Road Lutwyche, QLD 4030

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461 Lutwyche Road,
Lutwyche, QLD 4030

Offices • Shop & Retail • Showrooms & Bulky Goods

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JLL - Brisbane
461 Lutwyche Road
Lutwyche, QLD 4030
JLL - Brisbane
Tim Jones
Sam Byrne

JLL - Brisbane

Central Plaza One Level 39, 345 Queen Street
BRISBANE CITY, QLD 4000

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Fully Leased Investment with 6+ Year WALE

JLL and Cushman & Wakefield are pleased to present to the market Fitness First Lutwyche – a prominent fully leased investment within Metropolitan Brisbane.

• Leased to leading Australian health & fitness provider ‘Fitness First’ to June 2026
• $1,000,045* annual net income with secure income growth via fixed 3% annual reviews
• Two storey building with large floor plates and generous car parking for 82 vehicles (1:39) providing future rental reversion
• Substantial refurbishment recently undertaken by tenant including upgrading the indoor ‘King Swim’ swim school
• Elevated 2,602sqm* DC1 zoned corner site with significant development upside**
• Located 4.5km* north of Brisbane’s CBD in one of Brisbane most affluent residential catchments

* approximately. As at 1 July 2020
** Subject to Council Approval

For Sale via Expressions of Interest, closing 4pm Wednesday 8 April 2020.

Property ID: 503507354Last Updated: 27 May 2020

Agency contacts

JLL - Brisbane
JLL - Brisbane
Central Plaza One Level 39, 345 Queen Street
BRISBANE CITY, QLD 4000
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Cushman & Wakefield - Brisbane
Cushman & Wakefield - Brisbane
Level 11, 123 Eagle Street
BRISBANE CITY, QLD 4000
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Tim Jones

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Tim Jones
JLL - Brisbane
461 Lutwyche Road Lutwyche, QLD 4030

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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