Key features

3,217sq m* commercial office building converted for use as a landmark health and wellness facility
Highly secure income with 7 year* WALE to long term occupier, Fitness First Australia
$1,029,411* annual net income
Unique net lease** and 3% fixed annual reviews protecting rental growth and cash flow
Below market rent profile with significant reversion potential
Generous secure basement car parking for 82 vehicles (1:39) unmatched by competing facilities in the area
Elevated 2,602sqm DC1 zoned corner land holding with substantial development potential (STCA)
Located 4.5km* north of Brisbane’s CBD in one of the city’s most affluent and fastest growing inner-city catchments

For Sale | 461-463 Lutwyche Road, Lutwyche

About this property

The 3,217sqm commercial office building converted for the current health and wellness facility boasts a range of compelling investment fundamentals including long WALE , fixed increases, excellent car parking and below market rent profile with significant reversion potential.

The property is located in Lutwyche, a well-established inner-city residential suburb some 4.8km* radially north of the Brisbane CBD, surrounded by the city’s most renowned and affluent suburbs including Clayfield, Hamilton, Wilston and Grange.

Level	Tenancy	Sale Type	Price	AreaSqm	Status
	n a	Expression of Interest	Contact agent for details	3217.00sq m	Available