With 10-year leases in place on all three properties, each of the respective franchises feature an established trading history.
Mr Hawthorn said; “Each site is on a large, high-exposure landholding with flexible zoning, suitable for multiple development outcomes in the future (STCA).”
“We expect strong buyer interest from a range of international and local buyers, given the strength of the national brand – with Magic Hand Carwash being in operation for over 26-year,” he continued.
“The income security offered by this recognised, trusted and market leading operator will appeal to buyers looking for an exciting investment,” Mr Heng added.
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