Freehold only, excluding Business (separate sale available)
A well-established "purpose-built" coin operated self-serve & fully automated car wash, situated in a prominent location behind a Ampol branded service station and McDonalds fast food restaurant, both of which front the Princes Highway, about 3 km south of Nowra's main town centre in the South Nowra Business Park.
* target net rental yield : over 7.5% based on the current net rental income
Area : 947.3 sqm
Zoning : B5, Shoalhaven Local Environmental Plan(LEP) 2014
GBA : 74 sqm for Auto Wash, 63 sqm for Self Wash canopy
Long term (5+5 years) secured lease at base rent of $105,000 plus GST & outgoings with annual increase by C.P.I. change
* Auto & Self car wash business on the site has been running over 10 years and currently is being operated by the tenant.
* Recently refurbished with a brand new world class washing machine and upgraded for full automation
* Most sustainable type of car wash business under pandemic by contactless and labour saving self car wash system
* All the car wash equipment & facilities and fixtures on the land belong to the freehold owner.
* Business is also available for sale separately to the freehold.
The South Nowra Business Park precinct generally fronts the Princes Highway south of Nowra and supports a wide range of facilities which service the needs of the local and wider community, including Masters Home Improvement Centre, several major brand Service Stations including Shell Coles Express, Fast Food including McDonalds, Hungry Jack, Subway and KFC and other bulky good retail outlets such a BBQ Galore and Bunnings.
The closest train station is at Bomaderry (end of the CityRail South Coast line) about 6 km to the north. The area is also served by local Bus.
If you would like to know more about this business please complete our online confidentiality agreement here: https://www.abbabusinesssales.com.au/ca-forms/ca-form-1169
or visit our Website www.abbabusinesssales.com.au and use the reference #1169 to search for the business.
Please note: A stock image has been used and does not reflect the actual business for sale.
Property Code: 1169
