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2 Racecourse Road (Glenelg Highway), Casterton, VIC, 3311

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2 Racecourse Road (Glenelg Highway), Casterton, VIC, 3311

Casterton

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2 Racecourse Road (Glenelg Highway), Casterton, VIC, 3311

Casterton

2 Racecourse Road (Glenelg Highway), Casterton, VIC, 3311

2 Racecourse Road (Glenelg Highway), Casterton, VIC, 3311

Properties / Buy / Victoria / Casterton
Tenanted Investment
Selling Method
EOI
Selling Details
For Sale Via EOI - Closing 5th November 2025
Land Area
3,472.11 m² (*approx)
Floor Area
932 m² (*approx)
Property Type
Industrial, Retail
Sub-type
Storage Facility, Service Station, Mixed Use
Terms
10 + options till 2064
Est. Income
$216,300 p/a
Fully Leased
Metro
Zone
Commercial 2 Zone - C2Z
Car Spaces
7
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Strategic Highway Investment - Metro Casterton VIC
  • $216,300 net income p.a
  • 10-year lease + options to 2064
  • Repairs & Maintenance to tenant

Modern fuel facility positioned on a prime highway corner in regional Victoria, securely leased to Metro Petroleum - one of Australia's largest independent fuel operators. With new fuel infrastructure, minimal landlord obligations, and strong long-term growth potential, this is a resilient sub-$4 million investment.

Key Property Features

___________________________

• 10-year lease + options to 2064 - secure corporate tenant (Metro Petroleum)

• 100% outs recovered inc land tax

• 32,000 vehicles per week exposed to the site on Glenelg Highway

• Recent upgrades - refurbished store, new tanks & canopy

• Repairs & Maintenance to tenant - above & below ground

• $216,300 net income p.a. - competitive rent

Contact Agents

___________________________

Stephen Kidd - Director, Retail Sales - 0413 550 474 - [email protected]

Elliot Kidd - Director, Retail Sales & Leasing - 0407 696 738 - [email protected]

Key Search words

___________________________

investment property VIC, regional fuel site, petrol station for sale, highway exposure, passive income property, long lease commercial, drive thru potential, redevelopment opportunity, Glenelg Shire property, sub $4 million investment

Remember to mention you found this property on CommercialReady

Read More
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Tenanted Investment
Tenanted Investment

2 Racecourse Road (Glenelg Highway) Investment Summary

Property Type
Industrial, Retail
Sub-type
Storage Facility, Service Station, Mixed Use
Est. Income
$216,300 p/a
Number Of Tenants
1
Tenant
Metro
Terms
10 + options till 2064
Wale
9 years
Land Area
3,472.11 m² (*approx)
Floor Area
932 m² (*approx)
Zone
Commercial 2 Zone - C2Z
Car Spaces
7
Selling Method
EOI
DATAROOM AVAILABLE
Gain Access
Selling Details
For Sale Via EOI - Closing 5th November 2025

Investment Highlights

Strategic Highway Investment - Metro Casterton VIC
  • $216,300 net income p.a
  • 10-year lease + options to 2064
  • Repairs & Maintenance to tenant

Modern fuel facility positioned on a prime highway corner in regional Victoria, securely leased to Metro Petroleum - one of Australia's largest independent fuel operators. With new fuel infrastructure, minimal landlord obligations, and strong long-term growth potential, this is a resilient sub-$4 million investment.

Key Property Features

___________________________

• 10-year lease + options to 2064 - secure corporate tenant (Metro Petroleum)

• 100% outs recovered inc land tax

• 32,000 vehicles per week exposed to the site on Glenelg Highway

• Recent upgrades - refurbished store, new tanks & canopy

• Repairs & Maintenance to tenant - above & below ground

• $216,300 net income p.a. - competitive rent

Contact Agents

___________________________

Stephen Kidd - Director, Retail Sales - 0413 550 474 - [email protected]

Elliot Kidd - Director, Retail Sales & Leasing - 0407 696 738 - [email protected]

Key Search words

___________________________

investment property VIC, regional fuel site, petrol station for sale, highway exposure, passive income property, long lease commercial, drive thru potential, redevelopment opportunity, Glenelg Shire property, sub $4 million investment

Remember to mention you found this property on CommercialReady

Read More
Dataroom
Tenanted Investment

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2 Racecourse Road (Glenelg Highway), Casterton, VIC, 3311

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Property Location of 2 Racecourse Road (Glenelg Highway), Casterton, VIC, 3311

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2 Racecourse Road (Glenelg Highway), Casterton, VIC, 3311 Casterton
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