45 Hawkins Crescent Bundamba QLD 4304

Burgess Rawson is pleased to offer to the market Eco Wash located at 45 Hawkins Crescent, Bundamba (Ipswich) QLD for sale via our Investment Portfolio Auction 165.

This opportunity has the following key investment highlights:

+ Brand new fifteen (15) year net lease to 2038 plus two (2) further five (5) year options to 2048
+ Annual fixed compounding 3% rent increases, ensuring income growth
+ Investor preferred net lease structure with the tenant paying all outgoings including land tax and management fees
+ Tenant is responsible for repairs, maintenance and replacement of car wash equipment - limiting the risk and future capital expenditure
+ Expansive 2,000sqm* site located directly off the Warrego Highway servicing 60,000 vehicles daily*
+ Strategically positioned in the Walker Corporation's Citiswich Business Park - a 350 hectare* master-planned industrial estate and opposite Costco's 13,750sqm* warehouse, supporting the strong trade of the business
+ Rare freestanding car wash facility constructed in March 2023 offering significant depreciation benefits
+ Ultra-modern 24-hour car wash facility with 2 automatic bays, 4 self-service bays, 1 manual hand wash bay, 6 vacuum bays and 2 dog wash bays
+ Surrounded by major complimentary tenants including Costco, Caltex, KFC, Reject Shop Distribution Centre, Banjo's Bakery Cafe and more
+ Ipswich: 6th fastest growing metropolitan location in Australia with forecast population growth of 120% to 520,000+ by 2041
+ Net Income: $200,000 pa* + GST

For Sale by Investment Portfolio Auction
10:30am AEST Thursday 7 December 2023
The Hilton, Brisbane

Please contact the exclusively appointed Burgess Rawson team for more information

*Approx.