Auction details
- Auction12December
Auction location: Level 26, 111 Eagle Street Brisbane Qld 4000
Contact the agent if you'd like further information.
Enquire with AgentRetail for Sale in FLAGSTONE
Triple Net Lease! Brand New LFR Investment
- Building: 1,422m²
- Land: 2,750m²
Next Steps:
Enquire with agentRay White Retail are proud to present World Gym Flagstone, For sale by Auction on Friday 12th December 2025, 9:45am (AEST) at Level 26, 111 Eagle Street, Brisbane City
|What|
• Brand new 1,422sqm* large format retail build opened late 2025
• New 10 Year lease to 2035, with options to 2045
• Ultra-rare triple net lease = all outgoings recoverable including land tax
• First-class design and substantial depreciation benefits
• Net Income of $449,000 + GST p.a.
|Where|
• Substantial 2,750sqm* corner land parcel
• Convenient on-site parking with 78 bays
• 40km* South-West of the Brisbane CBD and 50km* North-West of the Gold Coast
• One of the largest greenfield development projects in Australia
• Projected to grow to a population of 138,000, equivalent to Cairns
• More than $1.2billion in committed infrastructure projects
|Why|
• One of the world's largest fitness brads with over 270 locations
• 25% owned by ASX-listed VIVA Leisure, with scope to acquire 100% ownership of the brand
• 3% annual increases, further secured by a ratchet clause at review
• Adjoining future Flagstone-Brisbane rail corridor
• The only World Gym offering in the catchment
*Approximately
1,422m²
2,750m² / 0.68 acres
Tenanted
Retail, Showrooms/Bulky Goods, Offices
Next Steps:
Enquire with agentThis property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.
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