Modern, High Quality Freehold Investment
45 Hawkins Crescent, Bundamba, Queensland 4304
Offers above $3.5m
- Turnover: Not disclosed
- Net Profit: Not disclosed
Business Details
Business Category Car Wash
CWSA is pleased to offer for sale, the modern, high quality Freehold Investment of the Eco Wash Hub car wash, situated at 45 Hawkins Crescent, Bundamba, Ipswich, Queensland.
EcoWash Hub is a modern car wash facility comprising two (2) In Bay Automatics, four (4) self serve bays, ancillary improvements such as vending, dog wash facilities along with additional areas including a small warehouse component with approval for a laundromat.
Subject to a long-term lease to 2038 with options available thereafter, the property is ideally suited to a passive owner looking to benefit from potential depreciation benefits, growing income profile and being situated in a fast developing investment region. With annual rent escalations of 3% and a net lease structure, the investment presents the astute owner with a long-term lease to a highly desirable and growing investment sector with the lowest vacancy rate of any sector in Australia.
Key Investment Highlights:
• Modern building on long-term lease to Eco Wash Hub with options and fixed annual reviews of 3%
• Fully net lease with the tenant paying all outgoings, including land tax and management fees
• Situated in Citiswich Business Park with surrounding occupiers including Costco, KFC, Caltex, amongst others
• The Ipswich region is one of the fastest-growing municipalities in Australia
The Freehold Investment of the Eco Wash Hub car wash at 45 Hawkins Crescent, Bundamba is offered exclusively by CWSA via Private Treaty.
EcoWash Hub is a modern car wash facility comprising two (2) In Bay Automatics, four (4) self serve bays, ancillary improvements such as vending, dog wash facilities along with additional areas including a small warehouse component with approval for a laundromat.
Subject to a long-term lease to 2038 with options available thereafter, the property is ideally suited to a passive owner looking to benefit from potential depreciation benefits, growing income profile and being situated in a fast developing investment region. With annual rent escalations of 3% and a net lease structure, the investment presents the astute owner with a long-term lease to a highly desirable and growing investment sector with the lowest vacancy rate of any sector in Australia.
Key Investment Highlights:
• Modern building on long-term lease to Eco Wash Hub with options and fixed annual reviews of 3%
• Fully net lease with the tenant paying all outgoings, including land tax and management fees
• Situated in Citiswich Business Park with surrounding occupiers including Costco, KFC, Caltex, amongst others
• The Ipswich region is one of the fastest-growing municipalities in Australia
The Freehold Investment of the Eco Wash Hub car wash at 45 Hawkins Crescent, Bundamba is offered exclusively by CWSA via Private Treaty.
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This business is somewhat unique and has no similar competition in this region, category or price bracket.