Strategic Bendigo Fuel Investment – Huge Commercial 1 Site

123-125 condon street, bendigo vic

Price: $4,150,000

  • 10 Year Lease To Woolworths to 2026
  • Amongst Two Major Shopping Centres
  • 80% Income From Woolworths/Caltex

Property Details

New 10 year lease to Woolworths Ltd to 2026 plus options to 2046.
Woolworths Petrol: a division of Woolworths Group Limited with a network of over 600 outlets and FY18 revenue of $4.7 billion.
Re-tanked and refurbished at lease commencement – new strategic partnership with Caltex Limited.
Includes brand new 4 + 4 + 4 year lease to established physiotherapist with multiple locations in Bendigo T/A Fusion Physiotherapy.
Highly strategic Commercial 1 land parcel of 5,068 sqm with 40m frontage to Condon St plus access to Edwards Rd amongst two major shopping centres servicing the growing residential population of eastern Bendigo.
Annual rent reviews with 80% income from Woolworths/Caltex.
Greater Bendigo: Victoria’s third largest urban centre with a growing population of over 113,000 forecast to increase to 145,000 to 2031.
Combined Rent: $247,384 pa.

For Sale by Private Treaty

Featured Details

Current Tenant Tenanted
Gross Building Area 1000 sqm
Land Size 5,068 sqm
Rent Period Annually

Property Enquiry

Regarding Property ID: VIC002513

Thank you for showing interest in us.

Contact Details

Office Details

Level 7, 140 Bourke Street, Melbourne VIC 3000

T 03 9613 0400 E reception@burgessrawson.com.au

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