Calling all Builders, Plumbers and Investors! Ideal Conversion to Laundromat Opportunity

Location: Werribee Plaza, Melbourne
Type: Asset & Lease Transfer
Price: All Offers Considered
Category: Currently fitted out as a dry cleaners
Opportunity: Sell off current dry cleaning equipment (Value approx. $25k) and convert to laundromat

A rare opportunity to acquire an established dry-cleaning site in the busy Werribee Plaza shopping centre, perfect for builders, developers, or operators looking to convert an existing setup.

This turnkey site comes with plumbing, drainage, 3-phase power, and extraction infrastructure already in place. While currently set up as a dry cleaner, the space is highly versatile and could be converted to a self-service laundromat (subject to landlord's approval).

A creative operator could leverage the existing $140,000 in annual revenue and outsource the labour for approximately 45% of revenue. The remaining income could then be used to contribute to overheads and rent.

Key Features

Fully fitted for commercial dry-cleaning operations
Includes older but functional equipment (approx. $29K value)
Located at main centre entrance opposite car park - excellent visibility and foot traffic
Current rent $57,000 p.a. + 10% of turnover above base
Asset and lease assignment only - business is not currently profitable

Ideal For

Builders or developers seeking a low-cost conversion project
Existing laundromat operators expanding into a new area
Creative business owners seeking a ready-made service site

Next Steps: proof of financial capacity is required to receive the information memorandum and lease.

For more details, please email broker or call agents.