FOR SALE

 Freehold Investment  

159-161 Bridge Street East Benalla, VIC, 3672

 TWO TENANTS 

CAR WASH & DRIVE THRU COFFEE 

WITH LONG TERM LEASES 

 1'211 m² 

UNDER CONTRACT 

 @ 7% RETURN (approx.)     

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National Car Wash Sales is delighted to offer a freehold property investment at

159-161 Bridge Street East Benalla, VIC, 3672 for sale. 

Fantastic Investment Opportunity Not to be Missed

Fully Leased Freehold with Strong Yield on Investment is offered for sale in a vibrant Country Town of VIC : 

$1,295,000 

  • Land Size: 1'211 m²

  • Ideal for an Investor

  • Prominent Location 

  • Easy Access from all Directions

  • Built less than 12 months ago.

  • Site fully leased by 2 x Strong Tenants:

    • ​Car Wash (Owners Retaining the Business) 

    • Drive Thru Coffee

 

Net Rental Return: $90,000 Plus GST *(Less Land Tax) 

 

Long Leases with CPI Increases annually 

High Volume traffic passing Daily 

Surrounded by National Retailer Such as: 

ALDI, KFC, McDonalds etc. 

 

Lease Terms:

Car Wash

Current Rent: $64,000 Plus GST
Lease Term :10 Years (Brand New Lease)
Options: 5 Years + 5 Years + 5 Years 
Outgoing: 2/3 of Outgoings paid by the tenant 
Rental Increases: CPI

Drive Thru Coffee Shop 

Current Rent: $26,000 Plus GST
Lease Term : 3 Years (expiring 31/08/2025)

Owner open to amend the Lease Tem to 5 Years
Options: 3 Years + 3 Years + 3 Years + 3 Years
Outgoing: 1/3 of Outgoings paid by the tenant 
Rental Increases: CPI

Please Note: Land Tax will be paid by the landlord 

 

Click to Download an Expressions of Interest Form to Submit your Offer, Terms & Conditions for the Purchase of Proposed Car Wash