RWC Queensland has the pleasure to offer Anytime Fitness Milton located at Lot 2 - Westmark Milton, 22-36 Railway Terrace, Milton (Brisbane, Queensland) to the market. Anytime Fitness Milton located at Lot 2 - Westmark Milton, 22-36 Railway Terrace Milton, represents an exceptional opportunity for investors to purchase an ultra-passive single-tenant retail investment leased to global fitness brand Anytime Fitness, with more than 5,500 locations (700,000+ members in Australia) and secured by the largest Anytime Fitness franchisee in Australia. A fully leased freehold commercial property just 1.5 kilometres* from the Brisbane CBD in the rapidly gentrifying 'blue-chip' suburb of Milton amidst a vibrant cosmopolitan community. - 715m²* freehold volumetric title. - 1 car parking bay and 51m²* of storage on title. - New 10 Year Lease to 2035 (with options to 2045). - Net Passing Income of $217,129* + GST per annum. - 3.0% fixed annual rent increases. - Leased to Anytime Fitness since construction was completed in 2017. - Zoned Mixed Use (Inner City) - wide range of allowable alternate future uses for the property. - Part of the $150 million* Westmark Milton development completed in 2017 by award winning national developer Walker Corporation. - Developed in response to a major investment in the suburb's transport infrastructure, the development features 277 apartments across two towers and is complemented by a range of lifestyle amenities and ground-level retail. - Situated at the heart of Brisbane's newest and best connectivity hub, directly opposite the new Milton train station complex on Railway Terrace - the newly gentrified 'High Street' of Milton. - Close to Suncorp Stadium, home to major sporting and entertainment events and slated to host sporting events during the 2032 Olympic Games. A rare opportunity to secure a piece of this tightly held precinct. Huge potential for future capital growth in a booming precinct. For sale via Auction, In-Room, on Friday 18 July 2025 at 10.00am (AEST). *Approximately (radial km) Image outlines/labels indicative only
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Property ID: 504888368
Original Property ID: 504888368