World Gym, 15 Gates Road,
Flagstone, QLD 4280
Shops & Retail • Showrooms & Large Format Retail • Offices
Key property information
Land area
Floor area
Tenure type
Tenanted Investment Details
Occupancy
Fully Leased
Est. Incomep.a.
$449,000
Number of Tenants
1 Tenant
Private inspections
to arrange a private inspection.
RWC Retail
level 26/111 Eagle StreetBRISBANE CITY, QLD 4000
World Gym, 15 Gates Road
Flagstone, QLD 4280
Map of World Gym, 15 Gates Road
Triple Net Lease! Brand New LFR Investment
Ray White Retail are proud to present World Gym Flagstone, For sale $8,000,000 (5.6%)
|What|
• Brand new 1,422sqm* large format retail build opened January 2026
• New 10 Year lease to 2036, with options to 2046
• Ultra-rare triple net lease = all outgoings recoverable including land tax
• First-class design and substantial depreciation benefits
• Net Income of $449,000 + GST p.a.
|Where|
• Substantial 2,750sqm* corner land parcel
• Convenient on-site parking with 78 bays
• 40km* South-West of the Brisbane CBD and 50km* North-West of the Gold Coast
• One of the largest greenfield development projects in Australia
• Projected to grow to a population of 138,000, equivalent to Cairns
• More than $1.2billion in committed infrastructure projects
|Why|
• One of the world's largest fitness brads with over 270 locations
• 25% owned by ASX-listed VIVA Leisure, with scope to acquire 100% ownership of the brand
• 3% annual increases, further secured by a ratchet clause at review
• Adjoining future Flagstone-Brisbane rail corridor
• The only World Gym offering in the catchment
*Approximately
|What|
• Brand new 1,422sqm* large format retail build opened January 2026
• New 10 Year lease to 2036, with options to 2046
• Ultra-rare triple net lease = all outgoings recoverable including land tax
• First-class design and substantial depreciation benefits
• Net Income of $449,000 + GST p.a.
|Where|
• Substantial 2,750sqm* corner land parcel
• Convenient on-site parking with 78 bays
• 40km* South-West of the Brisbane CBD and 50km* North-West of the Gold Coast
• One of the largest greenfield development projects in Australia
• Projected to grow to a population of 138,000, equivalent to Cairns
• More than $1.2billion in committed infrastructure projects
|Why|
• One of the world's largest fitness brads with over 270 locations
• 25% owned by ASX-listed VIVA Leisure, with scope to acquire 100% ownership of the brand
• 3% annual increases, further secured by a ratchet clause at review
• Adjoining future Flagstone-Brisbane rail corridor
• The only World Gym offering in the catchment
*Approximately
Additional information
External websites
Flagstone, 4280 demographic data
The median household income for Flagstone is $2,073, 12% higher than Greater Brisbane's household income of $1,849. Flagstone has a younger age profile compared to the rest of Greater Brisbane (median age 30 vs 36). Property ownership data shows 83% of property owners in Flagstone have a mortgage.
7,087
Population
$2,073 per week
Median household income
30 years
Median age
Owners
Most residents
Families
Most households
RWC Retaillevel 26/111 Eagle Street
BRISBANE CITY, QLD 4000
BRISBANE CITY, QLD 4000