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