18/23 Challis Street, Dickson, ACT, 2602

CBRE is pleased to present to the market this Premium Multi-Level Investment located at 18/23 Challis Street, Dickson (Canberra) ACT, for sale via Private Treaty.

The opportunity has the following key investment highlights:

+ Viva Leisure: ASX listed and one of Australia's largest health and fitness operators¹

+ Club Lime: wholly owned subsidiary of parent company Viva Leisure, operating as an Australian fitness club with 150 locations nationally²

+ EmPower Better Health: exercise physiologists and physiotherapists delivering exceptional evidence-based care across 3 locations in the ACT³

+ Attractive 3.5% annual rental increases ensuring compounding income growth over initial term of leases

+ Landlord friendly net leases, with all tenants responsible for the payment of all usual outgoings, as per leases

+ Exceptional complementary medical, fitness and leisure tenant profiles

+ Expansive 5-storey premises with 2,399sqm* of NLA, improved by 34 on-title basement car spaces

+ Strategic positioning in Dickson's commercial precinct, in close proximity to several national tenants including McDonald's, Woolworths, BWS, Ampol, Subway and KFC, as well as being adjacent $41m, 148 residential apartment development by AIT Properties Group⁴

+ Dickson: strategic position in Canberra region, with a population of 488,000, forecast to grow to 700,000 by 2050⁵

+ Net Income: $1,322,329 pa* + GST

For Sale via Private Treaty.

Please contact the exclusively appointed sales team for more information.

*Approx

1 Viva Leisure

2 Club Lime

3 EmPower Better Health

4 region.com.au

5 act.gov.au

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