Brand New Long Term Lease
Business For Sale 426 Wagga Road, Lavington, New South Wales 2641
Business Category Car Wash
$2,350,000 ONO
Description
Brand New Long Term Lease
CWSA is pleased to present an exceptional investment opportunity – a brand-new 10-year lease to the established Grimestoppers Car Wash business in the high-demand Lavington (Albury) NSW market.
The property, centrally located in Lavington, a suburb of Albury in southern New South Wales (bordering Wodonga, Victoria), is tenanted by Grimestoppers Car Wash and is approximately five (5) kilometres from the Albury Central Business District.
Wagga Road, a major thoroughfare in the central Lavington commercial and retail precinct, providing a high volume of passing vehicular traffic. The property is well-supported by a strong residential and retail precinct, with Lavington Square located approximately 800 metres to the west. Lavington Square includes a Big W, Woolworths, The Reject Shop, Best & Less, Rivers, and approximately 50 specialty stores
The property is subject to a brand-new 10-year lease at an annual commencing net rent of $140,000 to the established Grimestoppers Car Wash business, which has been a long-term occupier on the site. The property is perfect for long-term investors and land bankers, providing solid cash flow and benefitting from main road frontage on a busy thoroughfare. With annual rent escalations equal to CPI and multiple lease options, this investment will be highly sought after.
The sale of 426 Wagga Road, Lavington, is offered exclusively by CWSA via Private Treaty. Inspections are by appointment only.
Should you have any further questions, please don't hesitate to contact us.
The property, centrally located in Lavington, a suburb of Albury in southern New South Wales (bordering Wodonga, Victoria), is tenanted by Grimestoppers Car Wash and is approximately five (5) kilometres from the Albury Central Business District.
Wagga Road, a major thoroughfare in the central Lavington commercial and retail precinct, providing a high volume of passing vehicular traffic. The property is well-supported by a strong residential and retail precinct, with Lavington Square located approximately 800 metres to the west. Lavington Square includes a Big W, Woolworths, The Reject Shop, Best & Less, Rivers, and approximately 50 specialty stores
The property is subject to a brand-new 10-year lease at an annual commencing net rent of $140,000 to the established Grimestoppers Car Wash business, which has been a long-term occupier on the site. The property is perfect for long-term investors and land bankers, providing solid cash flow and benefitting from main road frontage on a busy thoroughfare. With annual rent escalations equal to CPI and multiple lease options, this investment will be highly sought after.
The sale of 426 Wagga Road, Lavington, is offered exclusively by CWSA via Private Treaty. Inspections are by appointment only.
Should you have any further questions, please don't hesitate to contact us.
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