870-878 Heatherton Rd, Springvale South, VIC 3172

Rare 1990m² Corner Freehold – Established Car Was

Great opportunity to own and run a well-established, flourishing business in Springvale with this "Walk-in Walk-out" offer.
Very accessible location on the corner of Springvale and Heatherton Rd operating 24 / 7 providing DIY and automatic vehicle wash options. The business occupies a large parcel of land described on the title as two lots with an approximate area of 1991m2, nominated GRZ1

Consisting of four DIY car wash bays and two Laser wash bays, which are automated, brushless car wash bays generally able to wash and dry your vehicle within 5 – 10 minutes. Eight powerful vacuum-cleaner units are provided to get the inside of your vehicle just as neat and tidy as the outside. For a professional touch, a steam cleaning machine is available for those who want that detailed finish.
Dog lovers are also catered for with two dog wash baths as part of the operation. Rest room facilities, money change machine and a drink vending machine enhance the operation.

This is a well-established business with a long history in Springvale and numerous regular customers current lease renewed 30 Jan 2026 for 5 year term with 5 additional 5 year terms available.

Features:
2 laser wash bays (15yrs)
4 base DIY bays (20yrs)
8 Vacuum units
2 Dog wash baths
1 Steam cleaning machine
1 money exchange
1 drinks machine
1 Restroom
Roof top Solar
Total Gross income 2024-25 $515,989
Total Gross income 2025-26 $521,329
NB. The following information is indicative only and varies with seasons and other factors
Council Rates $11,289
Water rates Variable $65-90per day approx.
Land Tax $13,773


Lease Summary
Landlord: Spring Blue Sky Enterprises PTY/LTD (Blue Sky Enterprises Family Trust)
Tenant: Eastbridge Pacific Enterprises PTY/LTD (LAM Family Trust)
Lease renewed 30 Jan 2026 with the following terms
Annual Rent $164,900.16pa plus GST
Annual review Fixed annual rent increase of 3%pa
Additional terms three (3) terms of five (5) years
Addendum two (2) additional terms of five (5) years granted.
Total lease Terms five (5) terms of five (5) years

Map

Recent Sales in the Suburb of Springvale South

Email This Agent

Every precaution has been taken to establish accuracy of the information but does not constitute any representation by the vendor or real estate agent. You should make your own enquiries as to its accuracy.