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Hotel/Leisure For Sale or For Lease found in CANBERRA (METROPOLITAN), ACT

SET AND FORGET PASSIVE INVESTMENT

Investment | Hotel/Leisure | Medical | Retail

Calwell Learn to Swim Centre is located within the popular Calwell Group Centre. The adjacent Calwell Shopping Centre is anchored by a Woolworths Supermarket and complimented by a number of specially retailers, banks, eateries and community facilities including Bendigo Bank, BWS, Smile Sensations Dentist, Calwell Medical Centre, Calwell Newsagency and Capital Chemist. Other neighbors include Calwell Club (Eastlake FC), Caltex Service Centre, St Mary’s Anglican Church and Calwell Early Childhood Centre.
15 Webber Crescent is a 1,538sqm* regular shaped block comprising a standalone learn to swim / aquatic centre of approximately 863sqm* GFA and 18 on-site car parks. The facility was completed in 2014 and comprises a reception area, a manager’s office, a 11.8m X 20m swimming pool, change facilities (male, female and family) and plant room comprising an ultraviolet filtration system.
The Centre is 100% is tenanted on a NET lease to Kings Calwell Pty Ltd expiring 14th November 2037 with 10+5+5 year options to 2057. The current net income of $230,000pa +GST which increases annually by 3%.
For Sale by Public Auction: Thursday 12th December 2017 at 11.00am at the CBRE Canberra Office. For more further information or to arrange an inspection please contact the exclusive agents of CBRE.
Approx*

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Price: For sale by Public Auction    Building: 863m²    Land: 1538m²

BRAND NEW 5 YEAR LEASE

Investment | Retail | Hotel/Leisure

CBRE are pleased to present units 278 and 279 within the brand new SQ1 development presented by Empire Global. The two units, measuring 254sqm*, plus 52sqm* of outdoor space, have recently been leased to Orange Theory Fitness on a brand new 5 + 5 year term. The first year’s gross rent is $92,000 +GST which increases annually by 3.5%.
SQ1 is a mixed used development which consists of seven modern commercial ground floor units fronting Anketell Street. Located diagonally opposite Bunning’s Warehouse and in close proximity to the Tuggeranong Medical Centre, the Tuggeranong Hyperdome and other major retailers, these units benefits from high levels of passing traffic.
Key Investment highlights include:
- 254sqm* plus 52sqm* of outdoor space
- 4 secure basement carparks
- Brand new 5 + 5 year lease to Orange Theory Fitness
- Estimated net income: $78,000p.a*
- Attractive 3.5% annual increases
For Sale by Public Auction: Thursday 12th December 2017 at 11.00am at the CBRE Canberra Office
For more further information or to arrange an inspection please contact the exclusive agents of CBRE.
Approx*

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Price: FOR SALE VIA AUCTION    Building: 254m²

Suburb Summary -

Below you will find the average advertised Sale Price, Rent & Yield for this suburb.

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list on Commercial Property Guide.
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