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Burgess Rawson - Brisbane

1/485 Ipswich Road Annerley, QLD 4103

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1/485 Ipswich Road,
Annerley, QLD 4103

Shops & Retail • Offices • Other

Price information

Sale

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Under Contract

Key property information

Land area

Floor area

Property extent

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$184,560
Number of Tenants
1 Tenant
Tenants / Type
Zap Fitness

Private inspections

to arrange a private inspection.
Burgess Rawson - Brisbane
Tom Lawrence
Craig Chapman

Burgess Rawson - Brisbane

Level 13, 241 Adelaide Street
BRISBANE CITY, QLD 4000
Burgess Rawson - Brisbane
1/485 Ipswich Road
Annerley, QLD 4103

Map of 1/485 Ipswich Road

Directions
  • Train stations within 5 km of 1/485 Ipswich Road, Annerley, QLD 4103Distance
    Fairfield Station428 m
    Dutton Park Station1.4 km
    Yeronga Station1.6 km
    Buranda Station1.9 km
    Boggo Road Station2 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 1/485 Ipswich Road, Annerley, QLD 4103Distance
    Ipswich Rd at Annerley Junction93 m
    Ekibin Rd at Lambton Street126 m
    Ekibin Rd at Lambton Street Stop 25131 m
    Ipswich Rd at Venner - Waterton286 m
    Ipswich Rd at Annerley RSL305 m
    POWERED BY HERE ©
POWERED BY HERE ©

Prime Exposure Leisure Investment | 10 Year Net Lease to 2028 + Option to 2038

  • Landlord-favourable net lease structure
  • Annual CPI reviews + ratchet provisions
  • Ipswich Road - 50,000+ vehicles daily*
Burgess Rawson is pleased to offer to the market Zap Fitness located at 1/485 Ipswich Road, Annerley QLD for sale via Immediate Offers to Purchase.

The property has the following investment highlights:

+ Ten (10) year head office net lease to Zap Fitness (Fitness & Lifestyle Group) to 2028 plus one (1) ten (10) year option to 2038
+ Lease guaranteed by Fitness & Lifestyle Group's Ultimate Holding Company
+ Zap Fitness: part of the Fitness & Lifestyle Group, which is majority owned by Quadrant Private Equity
+ Unrivalled frontage to Ipswich Road, a key 6 lane arterial route seamlessly connecting Brisbane with South-West Queensland, providing exposure to 50,000+ vehicles passing daily*
+ Desirable annual CPI reviews with ratchet provisions ensuring rent will not decrease
+ Landlord-favourable, set-and-forget net lease structure with tenant responsible for outgoings including rates, insurance, management fees and land tax
+ Modern & immaculately presented 409sqm* fully equipped gym, featuring state of the-art fitness equipment, spacious training areas and premium amenities
+ Annerley: blue-chip inner-city suburb, only 5km* from the Brisbane CBD with median house prices increasing 21.7% over the past 12 months
+ Net Income: $184,560 pa* + GST

To be sold via Immediate Offers to Purchase

Please contact the exclusively appointed sales team for more information.

*Approx.

Property ID: 504703084Last Updated: 11 Nov 2024

Burgess Rawson - Brisbane
Level 13, 241 Adelaide Street
BRISBANE CITY, QLD 4000

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