Freehold Self & Automated Car Wash ID: 1169

Freehold only, excluding Business

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 yrs) 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.

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.xxxxx-forms/ca-form-1169


  
or visit our Website www.xxxxx 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