• 10 year lease to 2034
• Large 2,382 m2 Freehold Stie
• Stamp duty Free Investment

Our client successfully acquired a fully renovated car wash with a secure 10-year lease, ensuring long-term rental stability. The property is operated by a well-established tenant who has been in the location for over 23 years, demonstrating strong business continuity. Generating $129,000 in annual rent with a 7% net yield, this investment delivers consistent cash flow. Additionally, the purchase was stamp duty-free, further maximizing returns. This acquisition strengthens our client’s portfolio with a low-maintenance, income-generating asset backed by a reliable operator.