Car Wash on Waterdale

646 Waterdale Road, Heidelberg West, Vic

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Long Term Lease Available

Asking Price

Approximately 35,000 cars within 3km catchment

Car Wash Sales and Advisory is delighted to offer for sale the Car Wash on Waterdale business situated at 646 Waterdale Road, Heidelberg West for $1,200,000.

Situated in the inner north of Melbourne, approximately 13km from the CBD, Car Wash on Waterdale provides a highly exposed site presenting an opportunity for the incoming operator to enjoy the established nature of the business, along with an opportunity to further enhance the operational aspects of the car wash. Car Wash on Waterdale is of modern high quality design and construction providing an existing, steady turnover from the surrounding catchment of approximately 60,000 residents.

The car wash benefits from the following investment features:

24/7 operation

Limited competition within the 60,000 catchment area

Modern equipment

Long term lease

Stong turnover

Lease Particulars - Car Wash

Lease Term: 10 years from settlement

Options: Three (3) x Five (5) Years

Outgoings: Payable by the tenant, excluding GST

Commencing Rent: $150,000pa

Reviews: 3.5% annually

A brief summary of the equipment on site is provided below:

1 x Oasis Typhoon Touch-Free Automatic

5 x Shiners Wash Bays

8 x Vacuums

1 x Dog Wash

6 x Nayax Credit Card systems

1 x Windcave credit card system for automatic bay

1 x CCTV system

For further details, please contact the CWSA team

Source: GapMaps

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