CBRE is pleased to present Hervey Bay 24hr Gym, located at 47 Torquay Road, Pialba (Hervey Bay) QLD 4655, for sale via expressions of interest closing at 3 pm (AEST) on Wednesday, 6 May 2026.

This opportunity has the following investment highlights:

+ Rare freestanding large format building perfectly suited to investors, owner occupiers, developers, or value-add investors
+ Currently leased to Hervey Bay 24 HR Gym until December 2028 with no options
+ Hervey Bay 24hr Gym: centrally located 24/7 fitness provider in Pialba offering one of Queensland’s largest Hammer Strength accredited facilities
+ Immaculately presented freestanding single storey large-format gym with 1,500 sqm* of NLA and 45 on-site car parks (78 existing car park credits as confirmed by Fraser Coast)
+ Centrally positioned 3,186 sqm* landholding with 47.8 m* frontage to Torquay Road, a major thoroughfare in the CBD of Hervey Bay
+ Landlord-favourable net leases with tenants responsible for 100% of the outgoings, including land tax and management fees
+ Highly desirable ‘Principal Centre’ zoning allowing for a multitude of future development outcomes, including retail, health services and residential
+ Rare and highly sought-after fixed 4% annual rent increases, providing strong rental growth
+ Located in a premium retail catchment, 200 m* from Pialba Place Shopping Centre & Bay Plaza, and 800 m* from Hervey Bay Shopping Centre—one of the largest shopping centres north of SEQ—anchored by Coles, Woolworths, Kmart, Big W, Bunnings, BCF, Dan Murphy’s & BWS
+ Positioned in a prime residential precinct, with 26,000+ residents and 11,000+ dwellings within a 3 km radius, supporting the strong trade of the centre
+ Hervey Bay: a rapidly expanding regional centre within Queensland’s Fraser Coast, with median housing prices rising approximately 11% annually (recent data indicates around 11–12% in late 2025)
+ Fraser Coast Region: a booming tourism destination that welcomed more than 1.1 million domestic and international visitors in recent periods, generating approximately $680+ million in tourism expenditure
+ Net Holding Income: $270,697 pa* + GST

For Sale via Expressions of Interest Closing 3 pm (AEST) Wednesday, 6 May 2026.

Please contact the exclusively appointed sales team for more information.

*Approx.