Pathway 19 Unit Trust
Healthy. Wealthy. Wise.
Pathway 19 is fully subscribed, with Units selling out within 48 hours of launching to the general public.
Nestled in the buzzing hub of Lutwyche in Queensland, and anchored by a national health and fitness tenant with decades of healthy business performance, this investment opportunity is a wise choice for investors looking for secure and passive income.
$16,875,000
Purchase price
March 2022
Purchase date
3,217sqm
Landholding
6.50% p.a.
5-year average cash return
Investment Highlights
Return
5-year average investor cash return of 6.50% p.a.
Stability
Long-term lease expiring in 2028 with flexibility of future uses
Security
Leased to multi-national fitness head company with 510 health clubs across Asia-Pacific region
Core Location
Sought after location situated on major arterial road with approx. 63,000 cars passing per day
The Asset
461 – 463 Lutwyche Road
Lutwyche, QLD
Location
Facility is one of the tenant’s landmark centres with unique offering of creche and indoor heated pool
Dominant corner site with abundant natural light
Excellent car parking ratio with 82 car bays
Tenant
Secure rental profile from Fitness & Wellness market leader
Longstanding, proven location since 2006 (15+ years)
Rare pool offering – 20-meter, 5-lane, indoor, heated pool
Future Value
Potential to improve rental profile with addition of roof rental (solar)
Gentrifying precinct and District Centre Zoning promoting significant development upside with alternate potential use
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Past performance is not indicative of future returns. Any information provided on this website has not considered the objectives, financial situation or needs of any investor; investors should consider whether it is appropriate to them to partake in a commercial property investment prior to investing, in light of their objectives, financial situation or needs. Every investor should obtain and consider the investment’s Information Memorandum before making a decision in relation to the investment.