Stonebridge is pleased to present Sam Riley Swim School Warner (Brisbane) for sale via Expressions of Interest closing Thursday 28th November 2024 at 3pm (AEDT).
The asset has the following key investment features:
- Brand new 15 year net lease to 2039 + options to 2069 with CPI annual rent increases
- Sam Riley Swim School – Renowned swim school operator with multiple Brisbane metro locations, owned by three-time Olympic medallist Samantha Riley OAM
- State-of-the-art swim school centre completed October 2024, developed by award-winning Queensland builder, Ausbuild, and offering significant depreciation benefits
- Impressive 623 sqm* landholding with 40 m* of street frontage and access to 49 car parks, adjoined to new 142 place childcare facility
- Strategically positioned between two master planned communities, delivering 639 new homes to the suburb
- Convenient and accessible location - 15 schools within a 10 min drive* and 1 min* from South Pine Road, carrying 33,355+ vehicles daily*
- Warner – Rapidly expanding Brisbane suburb 17 km* from the CBD, neighbouring Brendale’s significant industrial precinct and part of the Moreton Bay region, population forecast to grow over 40%* to 690,000+ residents by 2041
- Net Lease – Tenants pays all usual outgoings including Rates, Insurance, General Repairs & Maintenance and Land Tax
- Net Income $180,000 pa* + GST
Sam Riley Swim School is for sale via Expressions of Interest closing Thursday 28th November 2024 at 3pm (AEDT). Please contact the exclusively appointed Stonebridge property professionals for more information.
*Approximately
Property Code: 1116