Freehold Commercial Property For Sale

Freehold Commercial Property For Sale Gold Coast

This freestanding, purpose-built aquatic centre is leased to a popular swim school on a long term basis.

At a time when good returns on capital invested can be hard to find, here is a unique freehold property for sale offering an ROI in excess of 7%.

A Unique Investment Opportunity

This freehold property extends over an area of 1,104 m2, plus an access easement. It’s in a central Gold Coast suburb and incorporates a fully developed indoor, all-weather aquatic centre.

About the Business: 

  • The property is leased on a long-term basis to what is arguably the Gold Coast’s best swim school. And it’s surrounded by growing suburbs housing hundreds of young families.
  • With the ever-increasing awareness of the need for water safety and the ability to swim confidently, this tenant has an assured, sustainable market.
  • The current lease extends until October, 2021 with a ten year option.
  • The current annual net rental is $58,173. And built into the tenancy agreement is an annual rental increment of 2%, keeping up to inflation.

Business Highlights: 

  • A 25 metre heated pool;
  • Heated change rooms;
  • Baby change facilities;
  • Gated play area;
  • Raised, gated viewing deck;
  • Building area of 645 m2 of brick construction;
  • Reception area;
  • Retail shop; and
  • Pool safe security and gates.

Dive In The latest building replacement value for insurance purposes is $1,385,584 so this represents excellent value for money. Call the exclusive broker to learn more.  

FOR SALE: $795,000 

For further information on this opportunity, please contact the undersigned:

Derek Wallbridge

Business Broker

Benchmark Business Sales and Valuations

M: 418 845 188 T: 1300 366 521 E: djw@benchmarkbusiness.com.au

If you like to know more about the Business complete our online confidentiality agreement here: https://benchmarkbusiness.com.au/ca-form-3402 

or go to our Website www.benchmarkbusiness.com.au and use the reference #3402 to search for the business.

 

Benchmark Business Sales and Valuations

The business images shown are for illustration purposes only and may not be an exact representation of the business.

Business Category: Commercial, Property and Real Estate, Freehold, Retail

 

66
Suburb Highland Park
State QLD
Price $795,000
Property Type commercial
Property ID 3402
Category Retail
Office Area 645m2

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Derek J Wallbridge photo

Derek J Wallbridge

0418845188
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