CBRE are pleased to offer to market the freehold Pitstop Car Wash located at 129A Calton Road (corner Mullamar Way), Gawler East (Adelaide) SA for sale via Investment Portfolio Auction 183.

The property has the following key investment highlights:

+ Long 15 year net lease to December 2035 plus 2 x 10 year options to 2055.
+ Important corporate guarantee provided by BP Australia.
+ Pistop Car Wash: wholly owned subsidiary of $137B* global giant BP with 7 locations across SA. (1)
+ Tenant pays all usual outgoings including rates, insurances and management fees (capped).
+ Guaranteed growth via fixed 3% annual rent increases.
+ Prime 1,721sqm* freehold landholding with high exposure to busy Calton Road.
+ Freestanding 354sqm* car wash with 4 hand wash bays, 2 automatic bays plus vacuum bays.
+ Constructed 2020, providing depreciation benefits with 37% of year 1 rent potentially tax free. (2)
+ Immediately surrounded by approved McDonald’s & KFC, plus Drakes Shopping centre.
+ Within heart of Wel.Co Springwood Estate with 2,000 new homes upon completion. (3)
+ 800m* south of 935ha* Concordia master-planned community with 12,000 new homes, and 20,000 to 30,000 new residents. (4)
+ Gawler: fast growing metro growth suburb 40km* north-east of Adelaide CBD.
+ No stamp duty payable.
+ Net Income: $110,131pa* + GST

To be sold via Investment Portfolio Auction
10:30am AEDT Wednesday 1 April 2026
Crown Casino, Melbourne

***BP X Convenience at 129B Calton Road, Gawler East (Adelaide) SA is also available separately.***

RLA208125

*Approx
1. BP & Pitstop Car Wash
2. J Mathew Advisory
3. Springwood Estate
4. Concordia