313 Wynnum Road, Norman Park (Hoppy's)

Kelly and Co Property is pleased to offer for sale a flagship inner city high-end investment opportunity located at 313 Wynnum Road, Norman Park (Brisbane). Tenanted by iconic Hoppy?s Handwash Cafe brand who have operated on this site for 20 years. - New 10-year lease to 2032 plus 2 x 10 year options to 2052 - Leased to major chain operator Hoppy?s Hand Wash Caf� established in this location since 2004 with 12 outlets throughout Queensland - Strategic corner site (Wynnum Road & Bennett?s Road) with over 60,000 vehicles passing daily - Substantial 2,532 sqm site comprised of 7 separately titled lots - Prime inner-city suburb only 3.6km (6.5km by road) to the Brisbane CBD - Zoned medium residential redevelopment - Annual 3% rent increases - All outgoings paid by the tenant as per the lease including land tax and property management Net Income: $285,000 pa + GST