Under instructions from Tony Miskiewicz and Robert Hutson of KordaMentha (as Statutory Trustees for sale), Colliers is pleased to offer for sale the property located at 389 Woolcock Street, Garbutt (Lot 3 RP718900).
389 Woolcock Street was originally constructed and operated as an indoor sports centre until its refurbishment and conversion to a gym in 2007/2008. The primary improvements consist of a conventional industrial warehouse and an adjoining two storey former clubhouse and amenity block. The gym refurbishment and conversion saw the warehouse building become fully air conditioned with other upgrades including a suspended grid ceiling throughout with recessed fluorescent lighting. The current layout provides a reception, main gym area, five separate gym/training rooms, six offices, creche, staffroom and substantial male and female changerooms and facilities.
In 2017/2018 the property was further developed with construction of an indoor swim school as well as a 25m dual lane lap pool. The property also features two sand filled beach volleyball courts with an adjoining grassed viewing area. The balance of the site is bitumen sealed with 96* marked car parks.
This significant site has a total land area of 8,436m²* and boasts a Woolcock Street frontage of 70m*. The property is located within the well-established and highly sought after commercial / industrial suburb of Garbutt, 6km* west of Townsville's CBD. Garbutt has a long history as Townsville's core industrial area which comprises of manufacturing, light and service industry operations. However, the last decade has seen a number of bulky goods retail outlets, trade centres and major automotive dealerships constructed in the area including one of Australia's largest homemaker centres 'Domain Central' which is located just 1km* from the property. Such developments have resulted in parts of the suburb, in particular the highly exposed Duckworth Street, Woolcock Street and Dalrymple Road areas, emerging as strong commercial and retail destinations. The suburb offers good passenger and heavy transport infrastructure with direct access via Woolcock Street to the Bruce Highway linking traffic travelling to the north and south of Townsville.
Leases are currently in place over the property to a gym and a swim school. However, subject to negotiations with the vendors, there is potential to occupy the property.
For further information or to arrange an inspection, please contact Todd Walsh at Colliers.
