Share this property

realcommercial.com.au
CBRE - Brisbane

11 Commercial Drive Springfield, QLD 4300

Directions

11 Commercial Drive,
Springfield, QLD 4300

Shops & Retail

Price information

Sold

Contact Agent

Key property information

Land area

Floor area

Property extent

Tenure type

Sold on

CBRE - Brisbane
Harrison Coburn

CBRE - Brisbane

Waterfront Place Level 3, 1 Eagle Street
BRISBANE CITY, QLD 4000
04005329...
CBRE - Brisbane
11 Commercial Drive
Springfield, QLD 4300

Map of 11 Commercial Drive

Directions

BRAND NEW LONG WALE INVESTMENT - 100% LEASED TO VIVA LEISURE

  • ASX Listed Viva Leisure (ASX:VVA)
  • Brand new 7-year triple net lease
  • Certain 3.25% p.a income growth
CBRE Retail Investments are pleased to present to market Club Lime, Springfield.

- Brand new 7 year triple net lease, with options extending to 2040, underpinned by ASX listed Viva Leisure (ASX:VVA).
- Strategic 2,347sqm* freehold site positioned in one of Springfield’s major retail precincts alongside Hungry Jacks and opposite the Coles anchored Springfield Fair.
- Well-designed 1,107sqm* single level fitness centre with 21 allocated on-grade car parks, plus an additional 27 on-grade shared car parks.
- Recently constructed in 2023, offering substantial depreciation benefits and a tax-effective income stream.
- Located 22km* south-west of the Brisbane CBD in the heart of Springfield City, Australia’s largest master-planned city, with the population forecast to grow 130% by 2036^.
- Single tenanted investment 100% leased to ASX listed Viva Leisure (ASX:VVA), with a market cap of $126.85** million and operates over 370 facilities nationally.
- Net Income $341,000* per annum + GST.

Club Lime, Springfield is being offered for sale via Expressions of Interest closing Wednesday 22nd November 2023 at 4:00pm (AEST).

For further information on this opportunity, please reach out to the sales and marketing agents.

*Approximate. ^LIQ, 2023. **As at 17 October 2023

Property ID: 504447960Last Updated: 8 May 2024

CBRE - Brisbane
Waterfront Place Level 3, 1 Eagle Street
BRISBANE CITY, QLD 4000
progress tick

Sending email...

Make an enquiry

What's your enquiry about?

Message

Enter your details

Name (required)
Email address (required)
Phone number
Comment

Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

More properties from CBRE - Brisbane

Other properties you might be interested in based on the location and property type you are looking at.