Property Details
New 10 year lease plus options to 2037
Successful well established car wash
Strong location close to M4/Mamre Road junction – huge traffic flow
Adjacent Hungry Jack’s, close to McDonald’s, BP, Subway and RSL
St Marys: strong population growth close to new Western Sydney Airport
Above average growth in car ownership locally
Good land size: 864 sqm with future development potential (STCA)
Rare 4% annual rent increases (net income $170,797 in 2027)
Tenant pays all outgoings, as per lease
Easily managed single tenant investment
Net Income: $120,000 pa + GST
For Sale by Deadline Private Treaty Closing 4pm AEDT Thursday 7 December 2017
Featured Details
Current Tenant |
Tenanted |
Gross Building Area |
1 sqm |
Land Size |
840 sqm |
Rent Period |
Annually |