Knight Frank Central Coast would like to present to the market for Sale, Mariners Aquatic Centre, being Lot 5 of 1 Bryant Drive, Tuggerah.
This high-quality aquatic centre boasts a superior location near Tuggerah Railway Station, Westfield Tuggerah, the M1 Sydney to Newcastle Motorway and is perfectly situated for maximum exposure and accessibility.
Featuring over 1,140 sqm* under-roof, this aquatic centre includes a 12.5m x 6.6m learn-to-swim pool, a 25m x 13.5m squad pool, male and female amenities, change rooms, a staff room, an office, and a rear loading dock. Additionally, this facility includes quality, near new, and fully operational pool equipment and an acoustic design with a baffling system for optimal sound control.
Currently leased to 5 Star Swim Schools, a highly experienced swim school operator with a ten-year lease term from 1/12/2020 to 30/11/2030, this facility generates a steady income of $168,959 p.a. net + GST, with 3% annual rent increases and the lessee paying outgoings. Plus, there are two five-year options to renew.
With extensive glazing and exposure, this facility also boasts an abundance of ventilation and natural light, creating a bright and welcoming environment for patrons. Don't miss out on this amazing opportunity to invest in a high-quality aquatic centre in a prime location.
Contact us today for more information or to arrange an inspection.
* Approximate
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