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 

 $1,295,000 

 @ 7% RETURN (approx.)     

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

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 31/08/2022) 
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 

 

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. 

 

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

© 2020 by National Car Wash Sales

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Disclaimer

We have in preparing this information used our best resources to ensure that the information contained therein is true and accurate. We accept no responsibility and disclaim all liability in respect to any, inaccuracies or misstatements contained herein. Prospective buyers and sellers should make their own inquiries to verify the information contained herein. All information contained in the National Car Wash Sales website is provided as a convenience to clients. All property prices displayed on the website are current at the time of issue, but may change at any time and are subject to availability.

 

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