404-408 Shannon Avenue,
Newtown, VIC 3220

Shops & Retail • Warehouse, Factory & Industrial • Development Sites & Land

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Map of 404-408 Shannon Avenue

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PETROL STATION, FAST FOOD & COFFEE

PRIME CORNER SITE
INCOME & UPSIDE
SUIT INVESTORS OR OWNER OPERATORS

404-408 Shannon Avenue, Cnr. West Fyans Street
Newton (Geelong)

Auction - Thursday 19th April 2018 on-site at 1:00pm

- Leased to long standing tenants on ultra conservative rentals.
Bonney Energy (Caltex Distributor), Subway and Muzz Buzz
- Total Income: $93,058 per annum approx.
Mkt reviews due: March 2019 (Bonney)
Sept 2020 (Subway)
May 2019 (Muzz Buzz)
- Substantial land holding of 2,086sqm approx. with 90m combined
frontages.
- Ideal Investment Opportunity.
- Potential for petroleum Owner Operators.
- Absolute Prime Corner Site.

Newtown, 3220 demographic data

The median household income for Newtown is $2,092, 51% higher than Regional Victoria's household income of $1,386. Newtown has a younger age profile compared to the rest of Regional Victoria (median age 40 vs 43). Property ownership data shows 45% of property owners in Newtown have a mortgage.

10,445

Population

$2,092 per week

Median household income

40 years

Median age

Owners

Most residents

Families

Most households

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