$1,450,000 Negotiable

Freehold only excluding Business

A well-established "purpose-built" self-serve & fully automated car wash, situated in a prominent location behind a Ampol 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 had been running over 10 years by the landlord and currently is being operated by the tenant and the business is also available for sale at a separate transaction.

* Recently refurbished with a brand new world class washing machine and upgraded for full automation

* 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.

Contact agent for price guide for freehold only without business

If you would like to know more about this business please complete our online confidentiality agreement here:

https://www.abbabusinesssales.com.au/ca-forms/ca-form-1170

or visit our Website www.abbabusinesssales.com.au and use the reference #1170 to search for the business.

Property Code: 1170