45 Hawkins CrescentBundamba QLD 4304
Property Details for 45 Hawkins Cres, Bundamba
Last Listing description (November 2023)
Burgess Rawson is pleased to offer to the market Eco Wash located at 45 Hawkins Crescent, Bundamba (Ipswich) QLD for sale via our Investment Portfolio Auction 165.
This opportunity has the following key investment highlights:
+ Brand new fifteen (15) year net lease to 2038 plus two (2) further five (5) year options to 2048
+ Investor preferred net lease structure with the tenant paying all outgoings including land tax and management fees
+ Tenant is responsible for repairs, maintenance and replacement of car wash equipment - limiting the risk and future capital expenditure
+ Expansive 2,000sqm* site located directly off the Warrego Highway servicing 60,000 vehicles daily*
+ Strategically positioned in the Walker Corporation's Citiswich Business Park - a 350 hectare* master-planned industrial estate and opposite Costco's 13,750sqm* warehouse, supporting the strong trade of the business
+ Rare freestanding car wash facility constructed in March 2023 offering significant depreciation benefits
+ Ultra-modern 24-hour car wash facility with 2 automatic bays, 4 self-service bays, 1 manual hand wash bay, 6 vacuum bays and 2 dog wash bays
+ Surrounded by major complimentary tenants including Costco, Caltex, KFC, Reject Shop Distribution Centre, Banjo's Bakery Cafe and more
+ Ipswich: 6th fastest growing metropolitan location in Australia with forecast population growth of 120% to 520,000+ by 2041
+ Net Income: $200,000 pa* + GST
For Sale by Investment Portfolio Auction
10:30am AEST Thursday 7 December 2023
The Hilton, Brisbane
Please contact the exclusively appointed Burgess Rawson team for more information
*Approx.
Property History for 45 Hawkins Cres, Bundamba, QLD 4304
- 07 Dec 2023Sold for $3,225,000
- 09 Nov 2023Listed for Sale Price on Request
- 12 Apr 2023Listed for Sale Price on Request
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About Bundamba 4304
The size of Bundamba is approximately 11 square kilometres. It has 16 parks covering nearly 6.8% of total area. The population of Bundamba in 2011 was 5,402 people. By 2016 the population was 6,503 showing a population growth of 20.4% in the area during that time. The predominant age group in Bundamba is 20-29 years. Households in Bundamba are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Bundamba work in a labourer occupation. In 2011, 62.7% of the homes in Bundamba were owner-occupied compared with 53.3% in 2016.
Bundamba has 3,326 properties. Over the last 5 years, Houses in Bundamba have seen a 103.95% increase in median value, while Units have seen a 71.75% increase. As at 31 October 2024:
- The median value for Houses in Bundamba is $577,770 while the median value for Units is $430,614.
- Houses have a median rent of $500 while Units have a median rent of $430.
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