Added 3 days ago
Unit 3, 50 Curran Drive,
Nicholls, ACT 2913
Hotel, Motel & Leisure • Shops & Retail
Added 3 days ago
Price information
Sale - Expression of Interest closing Wed 27 Nov
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Knight Frank - Canberra
Suite 9.02, 5 Constitution AvenueCITY, ACT 2601
Unit 3, 50 Curran Drive
Nicholls, ACT 2913
Map of Unit 3, 50 Curran Drive
Tram stops within 5 km of Unit 3, 50 Curran Drive, Nicholls, ACT 2913 Distance Manning Clark Crescent 4.9 km POWERED BY HERE ©Bus stops within 5 km of Unit 3, 50 Curran Drive, Nicholls, ACT 2913 Distance Curran Dr After Temperly St 30 m Curran Dr 2nd After McClelland Av 61 m Temperley St After Dobbin CCT 226 m Temperley St After Curran Dr 258 m Temperley St After 2nd Sue Geh CCT 343 m POWERED BY HERE ©
POWERED BY HERE ©
Securely Leased to ASX Listed VIVA Leisure
- 734 sqm tenancy
- Lease term of 4 + 4 + 4 year
- 3% annual increases
Jointly offered to the market, Knight Frank and Raine & Horne Commercial Canberra are pleased to present Unit 3, 50 Curran Drive, Nicholls. Fully leased to fast-growing ASX-listed Viva Leisure on a newly inked 4 + 4 + 4 year arrangement, and situated in Canberra’s burgeoning Gungahlin Town Centre, this presents as an exceptional investment opportunity to be offered by way of Expression of Interest.
VIVA Leisure directly operates over 160 health clubs within the Australian Capital Territory, New South Wales, Queensland ,Victoria and Western Australia, with the majority operating under the Club Lime and Hiit Republic brands. In addition, Viva Leisure owns the Plus Fitness master franchise which includes over 200 franchisee locations in Australia, New Zealand and India. Club Lime dominate the Canberra fitness landscape, with competitive member fees, multi-site access options and state of the art facilities.
On offer is a brand new 4 year net lease which has just commenced, with 3% annual increases and multiple options, in the heart of Canberra’s fastest growing area.
Highlights Include:
– 734 sqm tenancy in boutique development
– Located just off Barton Highway
– Over 130, free, on-grade car spaces
– “Gold Creek Country Club” complementary tenancy mix
– Group training room, male and female amenities
– Tenant recently upgraded equipment
– Corporate held Lease
Lessee: Viva Leisure (Club Lime)
Lease Term: 4 years
Lease Commencement: 1 September 2024
Lease Expiry: 30 August 2028
Further Options: 2 x 4 years
Increases: 3% fixed per annum
Security: 3 month bond
Tenant’s Proportion of Outgoings: 100%
Net Income: $197,000 per annum
Unit 3, 50 Curran Drive is for sale by Expression of Interest closing Wednesday 25th November 2024. For more information or to book an inspection reach out to the exclusive agents at Raine & Horne Commercial Canberra or Knight Frank.
VIVA Leisure directly operates over 160 health clubs within the Australian Capital Territory, New South Wales, Queensland ,Victoria and Western Australia, with the majority operating under the Club Lime and Hiit Republic brands. In addition, Viva Leisure owns the Plus Fitness master franchise which includes over 200 franchisee locations in Australia, New Zealand and India. Club Lime dominate the Canberra fitness landscape, with competitive member fees, multi-site access options and state of the art facilities.
On offer is a brand new 4 year net lease which has just commenced, with 3% annual increases and multiple options, in the heart of Canberra’s fastest growing area.
Highlights Include:
– 734 sqm tenancy in boutique development
– Located just off Barton Highway
– Over 130, free, on-grade car spaces
– “Gold Creek Country Club” complementary tenancy mix
– Group training room, male and female amenities
– Tenant recently upgraded equipment
– Corporate held Lease
Lessee: Viva Leisure (Club Lime)
Lease Term: 4 years
Lease Commencement: 1 September 2024
Lease Expiry: 30 August 2028
Further Options: 2 x 4 years
Increases: 3% fixed per annum
Security: 3 month bond
Tenant’s Proportion of Outgoings: 100%
Net Income: $197,000 per annum
Unit 3, 50 Curran Drive is for sale by Expression of Interest closing Wednesday 25th November 2024. For more information or to book an inspection reach out to the exclusive agents at Raine & Horne Commercial Canberra or Knight Frank.
Property ID: 504722556Last Updated: 30 Oct 2024
Knight Frank - CanberraSuite 9.02, 5 Constitution Avenue
CITY, ACT 2601
CITY, ACT 2601
Raine & Horne Commercial Canberra490 Northbourne Avenue
DICKSON, ACT 2602
DICKSON, ACT 2602