Sold

Lot 2, Railway Terrace,
Milton 4064, Queensland

1 car space
715m² building size
Retail

Price withheld


Property details

Retail Investment in 'Blue-Chip' Suburb - 10yr lease to Global Brand

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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