Hoppy’s Car Wash/Pimpama, 5A Dixon Drive Pimpama QLD 4209

Stonebridge National Investment Sales is pleased to present, Hoppy's Car Wash Pimpama (Gold Coast), for sale via Immediate Offers to Purchase.

The asset has the following key investment features:

- Secure 10 year triple net lease to 2029 + options to 2049 with fixed 3% annual rent increases

- Hoppy's Car Wash Successful, market leading operator across 10 sites in South East Queensland and expanding

- State-of-the-art car wash facility newly constructed in 2019, providing significant depreciation benefits

- Masterfully integrated 1,325 sqm site boasting near 360 degree exposure to neighbouring retailers Woolworths, United, Red Rooster, Carl's Jr., Zambrero, Pizza Hut, 7-Eleven, Bridgestone and newly completed Storage King

- Prime position in Pimpama's master planned Town Centre, the region's flagship retail destination

- Exceptional access and exposure to the wider precinct and Yawalpah Road, a major thoroughfare to the Pacific Motorway M1, carrying 147,759+ vehicles daily*

- Pimpama Core Brisbane to Gold Coast growth corridor suburb, consecutively recording the fastest and largest annual population growth outside of Australia's capital cities since 2018, boasting over $400m* of development planned or underway

- Lease secured by 3 month Bank & Personal Guarantees

- Secure Triple Net Lease - Tenant pays all outgoings including Land Tax, Management Fees, Insurance and Structural Repairs & Maintenance

- Net Income $142,600 pa* + GST

*Approximately

Hoppy's Car Wash Pimpama (Gold Coast) is for sale via Immediate Offers to Purchase.

Please contact the exclusively appointed Stonebridge property professionals for more information.

Property Code: 640