1 Bryant Dr - Lot 5 12,270 SF Sports & Entertainment Building Offered For Sale in Tuggerah, NSW 2259

Knight Frank Central Coast proudly presents the Mariners Aquatic Centre, an exceptional investment opportunity in the heart of Tuggerah. This high-quality facility is home to a thriving, well-established swim school and is strategically positioned near Tuggerah Railway Station, Westfield Tuggerah, and the M1 Sydney-Newcastle Motorway, ensuring maximum exposure and accessibility.
The property spans over 1,140 sqm under roof and features a 12.5 m x 6.6 m learn-to-swim pool, a 25 m x 13.5 m squad pool, male and female amenities, change rooms, staff room, office, and a rear loading dock. Designed for operational excellence, the centre includes near-new, fully operational pool equipment, an acoustic baffling system for sound control, and a large solar system installed by the current owner for the tenant’s benefit. Extensive glazing and abundant ventilation create a bright, welcoming environment for patrons.
Currently leased to 5 Star Swim Schools, a leading operator with five locations across the Central Coast, this property offers a secure, long-term income stream. The lease commenced on 1 December 2020 for a 10-year term, expiring 30 November 2030, with three additional five-year options. The tenant pays $174,028.76 net per annum + GST, with 3% annual increases and all outgoings covered. This is a rare chance to acquire a premium investment with strong fundamentals, below replacement cost, and backed by a reputable tenant in a high-demand location.