114 Geaney Lane Deeragun QLD 4818

SALE PRICE:
$890,000
Excl. GST

114 Geaney Lane is now the proud home of Little Snappers Swim School Northside after a brand new
purpose built pool was built and established in 2016. This is a rare investment opportunity of a fully
operational swim school on the north side of Townsville.
The property has a total land area of 4,047m2*, with a 300m2* indoor heated and tiled pool area, reception
and amenities attached to a fully renovated three bedroom besser block residence.
The property currently has a material change of use to an educational facility. The current Lease is secured
by a major swim school company, Little Snappers Holdings, who currently have one Cairns and two
Townsville franchisees, with another two to open in the Brisbane area in 2019. The Lease is a 7 Year Term
expiring November 2023 with a 7 Year Option. The rental is $72,800 net plus GST. All outgoings are paid for
by the tenant.
The property is for sale for $890,000 and offers a very strong long term investment. For further information in
relation to the offering please contact Shaun McLaren or Neville Smith of Colliers International today.