Strategic Bendigo Fuel Investment
123-125 Condon Street, Bendigo VIC
80% Income From Woolworths/EG Group
Recent Tank Replacement & Store Refurb
Significant 5,068sqm Site
10 year lease to Woolworths/ EG Group to 2026 plus options.
4 year lease plus options to Fusion Physiotherapy.
Brand new fibreglass tanks and store refurbishment completed in 2015.
EG Group: Recent acquisition of WOW fuel business for $1.725B – circa 4,700 retail and fast food sites across Europe and North America.
Highly strategic Commercial 1 land parcel of 5,068sqm with 40m frontage to Condon St, access to Edwards Rd and amongst two major shopping centres servicing the growing eastern Bendigo population.
Greater Bendigo: Vic’s third largest urban centre, a growing population of 116,000+, forecast to increase to 155,000 by 2036.
Net Income: $249,332 pa + GST (Jan 2020)
Auction 11am Wednesday 18 September 2019
River Room, Crown Casino, Melbourne