Goodlife Lutwyche_Property for Sale
Goodlife Lutwyche_Property for Sale

Goodlife Lutwyche

461-473 Lutwyche Road, Lutwyche, QLD, 4030, AU

Description

For Sale | Goodlife Health Club Lutwyche – Inner-Brisbane Freehold | 7-Year Triple Net Lease, with Fixed 3% Growth


JLL Retail Investments is pleased to present 'Goodlife Health Club Lutwyche' for sale via Expressions of Interest closing Thursday 27 August 2026 at 4pm (AEST).

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Attributes

Building area gross
34,627 sf
Occupancy
100%
Year built
2000
Land area gross
28,008 sf
Call for offers
08/26/2026

Media

Investment highlights

The asset has the following key investment features:


  1. Long-term lease to June 2033 with fixed 3% annual rental increases delivering reliable, inflation-hedged income growth throughout the lease term
  2. Outstanding triple net lease structure – tenant responsible for 100% of building outgoings, land tax, and all repair/maintenance/make-good obligations, providing highly defensive cash flow
  3. Goodlife Health Clubs – one of Australia's largest fitness operators with 97 clubs nationally and 270,000+ members, 100% owned by institutional private equity-backed Quadrant Private Equity
  4. Tightly held 2,602sqm freehold landholding with prominent dual street frontage to high-exposure Lutwyche Road (53,000 vehicles daily)
  5. Purpose-built 3,217sqm health and fitness facility featuring premium amenities including 20-metre indoor pool, 82 basement car parks, and state-of-the-art gym fitout
  6. Strategic inner-Brisbane location – approximately 4km north of Brisbane CBD on major arterial corridor with immediate access to Northern Busway, surrounded by strong national retailers including The Good Guys and Liquorland
  7. Future-proof zoning with development upside – DC2 District Centre classification with 6-storey height limit (STCA) and high-intensity mixed-use corridor designation under Lutwyche Road Corridor Neighbourhood Plan


'Goodlife Health Club Lutwyche' (461-473 Lutwyche Road, Lutwyche QLD 4030) is for sale via Expressions of Interest closing Thursday 27 August 2026 at 4pm (AEST).


Goodlife Lutwyche 4_Property for Sale
Goodlife Lutwyche 4_Property for Sale

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Last updated Jul 28, 2026