1/485 Ipswich Road,
Annerley, QLD 4103
Shops & Retail • Offices • Other
Price information
Sale
Contact Agent
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
Level 13, 241 Adelaide StreetBRISBANE CITY, QLD 4000
1/485 Ipswich Road
Annerley, QLD 4103
Map of 1/485 Ipswich Road
Train stations within 5 km of 1/485 Ipswich Road, Annerley, QLD 4103 Distance Fairfield Station 428 m Dutton Park Station 1.4 km Yeronga Station 1.6 km Buranda Station 1.9 km Boggo Road Station 2 km POWERED BY HERE ©Bus stops within 5 km of 1/485 Ipswich Road, Annerley, QLD 4103 Distance Ipswich Rd at Annerley Junction 93 m Ekibin Rd at Lambton Street 126 m Ekibin Rd at Lambton Street Stop 25 131 m Ipswich Rd at Venner - Waterton 286 m Ipswich Rd at Annerley RSL 305 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.
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 - BrisbaneLevel 13, 241 Adelaide Street
BRISBANE CITY, QLD 4000
BRISBANE CITY, QLD 4000
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