CWSA is pleased to offer for sale via Private Treaty a brand-new 10-year leased car wash investment situated in Lavington, NSW. The car wash is centrally located in Lavington, a suburb of Albury in southern New South Wales, on the border of Wodonga, Victoria. More specifically, it is approximately five (5) kilometres from the Albury Central Business District. Griffith Road is a main internal road parallel to Wagga Road, providing a secondary interface with the main commercial and retail precinct. The property is well-supported by a strong residential and retail precinct, with Lavington Square located approximately 800 metres to the west. Lavington Square includes a Big W, Woolworths, The Reject Shop, Best & Less, Rivers, and 51 specialty stores. The property is subject to a brand-new 10-year lease (commencing rent: $75,000 Net) to the established Grimestoppers Car Wash business, which has been a long-term occupier on the site. The property is perfect for long-term investors and land bankers, providing solid cash flow and benefitting from main road frontage on a busy thoroughfare. With annual rent escalations equal to CPI and multiple lease options, this investment will be highly sought after. The freehold investment of the Grimestoppers Car Wash, located at 416 Griffith Road Lavington, is offered for sale exclusively by CWSA via Private Treaty.
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