Property Details
Successful Sleeper Location | Fitness Precinct | 12 Reformers
Established in August 2023, North Lakes was our first experiment in a middle-class area and a light industrial precinct—surrounded by several big-box fitness facilities.
It started with modest growth and has since become one of our best-performing studios, driven by incredibly low rent and strong member engagement.
With a stable membership base of 510 and significant growth potential, this location has proven the demand for our affordable, all-day model in value-conscious markets.
The studio offers a relaxed, spacious fit-out and benefits from an excellent cooperative landlord, ensuring long-term operational stability.
Key Highlights:
- 510 members - stable and engaged with scope for further growth
- Proven model in a middle-class, fitness-focused area
- Ultra-low rent - one of the most cost-effective Pronto studios
- Surrounded by fitness businesses - built-in demand and strong referral potential
- Immediate cash flow - monthly profit of $15,765, annualised at $189,180 (based on 60% revenue share less rent)
- Depreciable assets - $50,977 Stock at Value "SAV"
- Favourable lease terms with a highly cooperative landlord
A rare opportunity to own a high-margin, low-risk Pronto studio in an established fitness precinct, fully managed for passive income with zero operational burden.
Price: $618,517 | Profit: $189,180 (ROC: 30.6%)
First in, best dressed. Secure this proven performer today.
Financial Details
Investment Price:
$618,517 + GSTAnnual Rent (inc. outgoings):
$44, 715Lease Term & Renewal:
3 Years & 1 x 2 YrsRent Review:
2%We are selling an operating agreement, not a business. As the investor "Studio Owner" you will own the studio leashold and assets. Pronto 100% operates the studio and is responsible for its performance.
Assignment of lease occurs after the sale (this process may take 1 to 4 months). Pronto will deduct lease payments from revenue distributions until lease transfer is finalised.