CBRE is pleased to offer to the market Goodlife Health Clubs Bardon for sale via CBRE Investment Portfolio Auction 186.
This investment has the following highlights:
+ Brand new 10-year net lease to Goodlife to 2036, plus one (1) further five (5) year option to 2041
+ Goodlife Health Clubs: Part of Fitness & Lifestyle Group (FLG) with 330+ locations in their global network, servicing over 585k members and generating an estimated $670M+* in annual revenue
+ Landmark 7,133sqm* metro Brisbane landholding 4km* from the CBD with 60,000+ residents and 22,000+ dwellings within a 3km* radius, supporting the strong trade of the tenant^
+ Well-presented two-story large format gym with 78 on-site car parks allowing for ease of access for members
+ Proven gym location with 23+ years of continuous operation and the very first Goodlife Health Club established nationally in Australia
+ Annual CPI reviews, with landlord favourable net lease with tenant responsible for 100% of outgoings (including land tax and insurances
+ Ultra-rare inner-city landholding with substantial underlying land value underpinned by a significant scarcity of inner-city sites of this size and scale
+ Bardon is home to a population of 11,300+ residents with an average household income of $144,442, reflecting its status as one of Brisbane's most affluent and sought-after inner-west suburbs
+ Strategically located in a premium retail catchment, 1.5km* from Ashgrove Shopping Village and 1.6km* from Paddington Central Shopping Mall, two major shopping centres anchored by Woolworths, Coles, Aldi and supported by 50+ specialty retailers
+ Bardon: Highly affluent Brisbane Suburb with a median housing price of $2,015,000, 120% above the Australia average^^^
+ Brisbane: home of the 2032 Olympics & third largest city in Australia, with a population forecast to grow by 28% to 3.288 million residents by 2035^^
+ Net Income: $455,423 pa* + GST
For Sale via Investment Portfolio Auction
10:30am (AEST) Thursday 6 August 2026
Level 3, Waterfront Place, Brisbane City
Please contact the exclusively appointed sales team for more information
Remember to mention you found this property on CommercialReady
CBRE is pleased to offer to the market Goodlife Health Clubs Bardon for sale via CBRE Investment Portfolio Auction 186.
This investment has the following highlights:
+ Brand new 10-year net lease to Goodlife to 2036, plus one (1) further five (5) year option to 2041
+ Goodlife Health Clubs: Part of Fitness & Lifestyle Group (FLG) with 330+ locations in their global network, servicing over 585k members and generating an estimated $670M+* in annual revenue
+ Landmark 7,133sqm* metro Brisbane landholding 4km* from the CBD with 60,000+ residents and 22,000+ dwellings within a 3km* radius, supporting the strong trade of the tenant^
+ Well-presented two-story large format gym with 78 on-site car parks allowing for ease of access for members
+ Proven gym location with 23+ years of continuous operation and the very first Goodlife Health Club established nationally in Australia
+ Annual CPI reviews, with landlord favourable net lease with tenant responsible for 100% of outgoings (including land tax and insurances
+ Ultra-rare inner-city landholding with substantial underlying land value underpinned by a significant scarcity of inner-city sites of this size and scale
+ Bardon is home to a population of 11,300+ residents with an average household income of $144,442, reflecting its status as one of Brisbane's most affluent and sought-after inner-west suburbs
+ Strategically located in a premium retail catchment, 1.5km* from Ashgrove Shopping Village and 1.6km* from Paddington Central Shopping Mall, two major shopping centres anchored by Woolworths, Coles, Aldi and supported by 50+ specialty retailers
+ Bardon: Highly affluent Brisbane Suburb with a median housing price of $2,015,000, 120% above the Australia average^^^
+ Brisbane: home of the 2032 Olympics & third largest city in Australia, with a population forecast to grow by 28% to 3.288 million residents by 2035^^
+ Net Income: $455,423 pa* + GST
For Sale via Investment Portfolio Auction
10:30am (AEST) Thursday 6 August 2026
Level 3, Waterfront Place, Brisbane City
Please contact the exclusively appointed sales team for more information
Remember to mention you found this property on CommercialReady
92 Coolibah Street, Bardon, QLD, 4065
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