Property for sale gives new meaning to ‘liquid’ investment

A popular aquatic centre at the heart of a major Gold Coast suburb has been put up for sale.

A RARE opportunity to own an aquatic centre is on offer with a popular Highland Park property on the market.

Located at 137 Explorers Way, the property last sold for $455,000 in 2003 to current owner Anh Nguyen.

The property is being marketed and sold by Ray White Commercial Gold Coast’s Michael Willems who said the established aquatic centre has a lease until October 2021 with a 10-year option.

Explorer's Way, Highland Park Aquatic Centre on the market.

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“The asset represents a fantastic opportunity to purchase a first-class aquatic centre with a 10-year lease until 2021, with the property returning an annual net income of $58,174.15* plus GST,” Mr Willems said.

“The aquatic centre is in the heart of a huge residential suburb and sits next to a vibrant community shopping centre anchored by an IGA supermarket.”

Explorer's Way, Highland Park Aquatic Centre on the market.

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Across the road is the William Duncan School, Highland Park Medical Centre and a Goodstart Early Learning Centre

Gold Coast SwimStars is the business running out of the aquatic centre and offers swimming lessons, squad training, aqua fitness classes and pool parties.

Swim students at Gold Coast SwimStars. Property at Explorer's Way, Highland Park Aquatic Centre is for sale.

Mr Willems said the property was ideally located on a high-traffic thoroughfare, neatly based between Nerang to the north and Carrara to the east.

“The property also benefits from excellent connectivity to major arterial roads and infrastructure which provides great access in and out,” he said.

Explorer's Way, Highland Park Aquatic Centre is up for sale.

The auction will take place at the Gold Coast Turf Club, Racecourse Drive in Bundall, on Thursday 14 November at 11am (AEST).