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Woolworths Petrol/EG Group, 123-125 Condon Street, Bendigo, Vic 3550

Woolworths Petrol/EG Group, 123-125 Condon Street, Bendigo, Vic 3550

Retail Showrooms/Bulky Goods Medical/Consulting

  • For Sale
  • Contact Agent
  • Auction

Strategic Bendigo Fuel Investment

  • 80% Income From Woolworths/EG Group
  • Recent Tank Replacement & Store Refurb
  • Significant 5,068sqm Site

  • Land Area
  • 0.51ha (1.25 acres) (approx)
  • Floor Area
  • 1,270 m²
  • Tenure Type
  • Tenanted Investment
  • Building
  • Whole
  • Last Updated
  • May 22, 2020

Interested in this property? Contact an Agent today

Burgess Rawson - Melbourne

Level 7, 140 Bourke Street

Melbourne Vic 3000

Scott Meighan
Jamie Perlinger
Tweed Sutherland First National - Bendigo

52 Mitchell St

Bendigo Vic 3550

Strategic Bendigo Fuel Investment

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.
Estimated Net Income: $239,382 pa + GST (Jan 2020)

Auction 11am Wednesday 18 September 2019
River Room, Crown Casino, Melbourne

Woolworths Petrol/EG Group, 123-125 Condon Street, Bendigo, Vic 3550

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