Share this property

realcommercial.com.au
Stonebridge Property Group - BRISBANE CITY

World Gym Stafford (Brisbane), 280 Stafford Rd Stafford, QLD 4053

Directions

World Gym Stafford (Brisbane), 280 Stafford Rd,
Stafford, QLD 4053

Shop & Retail • Showrooms & Large Format Retail • Warehouse, Factory & Industrial

Price information

Sale - Expression of Interest

Contact Agent

Key property information

Land area

Floor area

Property extent

Municipality

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$640,000
Number of Tenants
1 Tenant

Private inspections

to arrange a private inspection.
Stonebridge Property Group - BRISBANE CITY
Tom Moreland
Michael Collins

Stonebridge Property Group - BRISBANE CITY

Level 24, 10 Eagle Street
BRISBANE CITY, QLD 4000
Stonebridge Property Group - BRISBANE CITY
World Gym Stafford (Brisbane), 280 Stafford Rd
Stafford, QLD 4053

Map of World Gym Stafford (Brisbane), 280 Stafford Rd

Directions
  • Train stations within 5 km of World Gym Stafford (Brisbane), 280 Stafford Rd, Stafford, QLD 4053Distance
    Alderley Station1.8 km
    Enoggera Station2.2 km
    Newmarket Station2.5 km
    Gaythorne Station2.9 km
    Wilston Station3 km
    POWERED BY HERE ©
  • Bus stops within 5 km of World Gym Stafford (Brisbane), 280 Stafford Rd, Stafford, QLD 4053Distance
    Stafford Rd at Victor Street81 m
    Stafford Rd at Windorah Street173 m
    Stafford Rd at Shand Street327 m
    Stafford City415 m
    Minimine St at Dunedoo Street432 m
    POWERED BY HERE ©
POWERED BY HERE ©

Prime Land Rich Metro Investment - New 10 Year Lease to Global Operator

  • Brand new 10 year lease to 2032
  • Major 5,514 sqm* “district centre” site
  • Outstanding location only 6 km* to CBD
Stonebridge National Investment Sales is pleased to present to the market, World Gym Stafford (Brisbane), for sale via Expressions of Interest.

The asset has the following key investment features:

- Brand new 10 year lease to 2032 + options to 2048

- World Gym - Longstanding, global 'large format' health & fitness operator established 1976, boasting a resilient and proven business model across 215 locations in 20 countries

- Land rich 5,514 sqm* site with 106 car parks, underpinned by flexible 'district centre' zoning, allowing for a multitude of future uses including medium density residential, supermarket, retail centre, hardware, showroom, childcare, aged care & retirement, government and community uses (STCA)

- Absolute prime location on Stafford Road - one of Brisbane's premier retail and lifestyle precincts, home to Stafford City Shopping Centre, Bunnings and a plethora of national retailers

- High profile, convenient position with dual street access to Stafford Road (28,537 vehicles daily*) and Rhodes Street

- State-of-the-art, newly refurbished large format offering set across 2,492 sqm* of NLA (including mezzanine), providing significant depreciation benefits

- Stafford - Well established metro 'in-fill' residential and commercial suburb only 6km to CBD, undergoing significant renewal and regentrification driven by convenience and inner-city affordability

- Successful World Gym drawing from a large trade catchment and boasting a significant membership base

- Secure lease structure - Tenant pays outgoings as per lease

- Significant tax depreciation benefits with 80% of the first years rent potentially tax free

- Annual rent increase the greater of CPI or 2.5%

- Net Income $640,000 pa* + GST


*Approximate


The Investment is for sale via Expressions of Interest closing Thursday 7th July at 1pm.

Please contact the exclusively appointed Stonebridge property professionals for more information.

Property ID: 504088023Last Updated: 17 Aug 2022

Stonebridge Property Group - BRISBANE CITY
Level 24, 10 Eagle Street
BRISBANE CITY, QLD 4000
progress tick

Sending email...

Make an enquiry

What's your enquiry about?

Message

Enter your details

Name (required)
Email address (required)
Phone number
Comment

Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

More properties from Stonebridge Property Group - BRISBANE CITY

Other properties you might be interested in based on the location and property type you are looking at.