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Woolworths/Caltex, 123-125 Condon Street Bendigo, VIC 3550

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For Sale

Woolworths/Caltex, 123-125 Condon Street Bendigo, VIC 3550

Shop & Retail • Development Sites & Land • Showrooms & Bulky Goods
Sale Price

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Land area

0.51ha (1.25 acres)

Floor area

1000.0m²

Property extent

Whole

Tenure type

Tenanted Investment

Strategic Bendigo Fuel Investment - Huge Commercial 1 Site

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

For Sale by Private Treaty

Property ID: 502975030Last Updated: 17 Mar 2019

Woolworths/Caltex, 123-125 Condon Street
Bendigo, VIC 3550

Agency contacts

Burgess Rawson - Melbourne

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Burgess Rawson - Melbourne

Level 7,140 Bourke Street
MELBOURNE, VIC 3000
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Scott Meighan
Burgess Rawson - Melbourne
Woolworths/Caltex, 123-125 Condon Street Bendigo, VIC 3550

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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