Price Reduced for Immediate Sale | 8.57% Net Return on Investment

SOLD + GST

22 Lionel Donovan Drive

Noosaville QLD 4566

Industrial

FOR SALE

258m2

Car Wash premises of 258sqm situated on 1,439sqm site is available for sale.

Highly exposed site fronting Walter Hay Drive. 43 metre frontage to Lionel Donovan Drive. 5 minutes to Hastings Street. Direct link to Sunshine Motorway. Major growth corridor. Located close to Noosaville Auto Park, existing businesses include Garry Crick Autogroup, Madill Motor Group, Ducati, Ultratune, Pickering Auto Group, and only 600 metres from new proposed Bunnings site.

Strong tenant in place. 20 year lease (first term 10 yrs - expiring 2019 + 2 x 5 yr options). Net income $154,350pa + outgoings + GST.

New 5 bay car wash consisting of 2 automatic car washes and 3 self-serve bays, includes dog-wash and vacuum area. Tenant owns all equipment and is responsible for upkeep and maintenance thereof.

Zoning designated - Industry.

For further information contact Exclusive Agents:

Jason O'Meara
0408 087 868 | jomeara@savills.com.au

Scott Gardiner
0415 679 112 | sgardiner@savills.com.au