Stonebridge National Investment Sales is pleased to present, Hoppy’s Car Wash Pimpama (Gold Coast), for sale via Immediate Offers to Purchase.

The asset has the following key investment features:

• Secure 10 year triple net lease to 2029 + options to 2049 with fixed 3% annual rent increases
• Hoppy’s Car Wash – Successful, market leading operator across 10 sites in South East Queensland and expanding
• State-of-the-art car wash facility newly constructed in 2019, providing significant depreciation benefits
• Masterfully integrated 1,325 sqm site boasting near 360 degree exposure to neighbouring retailers Woolworths, United, Red Rooster, Carl’s Jr., Zambrero, Pizza Hut, 7-Eleven, Bridgestone and newly completed Storage King
• Prime position in Pimpama’s master planned Town Centre, the region’s flagship retail destination
• Exceptional access and exposure to the wider precinct and Yawalpah Road, a major thoroughfare to the Pacific Motorway M1, carrying 147,759+ vehicles daily*
• Pimpama – Core Brisbane to Gold Coast growth corridor suburb, consecutively recording the fastest and largest annual population growth outside of Australia’s capital cities since 2018, boasting over $400m* of development planned or underway
• Lease secured by 3 month Bank & Personal Guarantees
• Secure Triple Net Lease – Tenant pays all outgoings including Land Tax, Management Fees, Insurance and Structural Repairs & Maintenance
• Net Income $142,600 pa* + GST

*Approximately

Hoppy’s Car Wash Pimpama (Gold Coast) is for sale via Immediate Offers to Purchase.

Please contact the exclusively appointed Stonebridge property professionals for more information.