5a Dixon Drive, Pimpama (Hoppy's)

Kelly & Co Property is pleased to present a thriving investment opportunity in the heart of the Gold Coast's northern growth corridor.

Hoppy's Express Car Wash at 5a Dixon Drive, Pimpama, is a state-of-the-art Tunnel Wash facility offering express washes with the capacity to wash 60-100 vehicles per hour.

The strategically located site is adjacent to United Fuel, Pimpama Pavillion, Red Rooster, Carls Jnr. and is across the road from McDonald's, 7-Eleven and Woolworth's anchored Pimpama Junction.

The investment is secured by a Triple Net 10-year lease to 2029 + 1 x 10-year options to 2039 with the tenant paying 100% outgoings including repairs, maintenance, property management and lax tax.

Investment Highlights - 10-year lease to 2029 + 1 x 10-year options to 2039

• Net Income $151,285pa + GST
• Fixed 3% annual increases, ensuring rental growth
• Triple Net Lease: Tenant pays all outgoing, including property management and land tax
• Strategically located 1,325sqm site adjacent to United Fuel, Pimpama Pavilion, Red Rooster and nearby Woolworths, McDonald's, 7-Eleven + more - 3-month rental bond
• Hoppy's Express Car Wash offers market-leading Tunnel Wash technology with the capacity to wash 60-100 vehicles per hour + free vacuuming
• Hoppy's: 9+ locations across SE Queensland, in operation for 20+ years
• Pimpama: 22km north of Gold Coast CBD
• The Coomera-Pimpama region population is projected to reach 115,845 by 2041, representing a 319.9% increase.

This is an off-market opportunity - contact exclusive agent Sarah Broad from Kelly & Co Property for more information - 0475 944 322 or sbroad@kellycoproperty.com.au.