50 Curran Drive Nicholls, ACT 2913
On-grade visitor parking
02 Aug 2017
Fully Leased Commercial Investment
- 734m² indoor recreation unit
- $147,924 + GST p.a net income
- Strong tenant profile
The Gungahlin region is the fastest growing area within the ACT and numerous residential suburbs have been recently completed or are currently under construction. In 2013-2014 Gungahlin was responsible for 71% of the total growth in the Territory and with the recent announcement of approval for Canberra’s first ever metro rail project - which will link the Gungahlin Town Centre with the Canberra CBD – Gungahlin is expected to continue its unprecedented expansion.
Unit 3 is located within the tightly held Gold Creek Country Club complex, Nicholls and is approximately 7km from the Gungahlin Town Centre. This 734m² indoor recreation unit is leased to The Club Group who have over 4 years remaining on their lease plus a further 5 year option. The Club Group - operating as Club Lime - have a strong tenant profile and currently feature 17 health clubs across the ACT and NSW.
Unit 3 has a net passing income of approximately $147,924 + GST p.a. and features annual increases of CPI. There is excellent on-site parking for approximately 130 cars in the direct vicinity and neighbouring tenants include a childcare, indoor swimming school and a new indoor sports centre which is currently under construction.
Property ID: 501852346Last Updated: 2 Aug 2017