United Petroleum , 175-185 Marong Road,
Bendigo, VIC 3550
Key property information
Map of United Petroleum , 175-185 Marong Road
Dominant 4,004sqm Convenience Retail Investment Leased to United Petroleum
- New 12-year net lease to 2034
- Annual 3% rent increases
- 50% stamp duty savings
+United Petroleum: Top tier tenant, one of Australia’s largest and fastest growing independent fuel retailers with over 465 sites nationally.**
+Strong and certain rental growth with annual fixed, compounding 3% increases.
+Landlord-favourable, set-and-forget net lease structure with tenant responsible for council rates, water rates, insurance and repairs and maintenance.
+Strategic 4,004 sqm* corner site with 130 metres* of combined frontage to Marong Road and Specimen Hill Road, two main arterial roads servicing over 27,500 vehicles daily.***
+Woolworths, Spotlight, Bridgestone Select, Bob Jane T-Marts, JAX Tyres, Repco, Reece Plumbing, Mitre 10, KFC, Hungry Jack’s and Calder Highway connections all within 2.5km*.
+Located opposite Bendigo Stadium, the largest indoor sports stadium outside metro Melbourne, home to 10 indoor multi-purpose courts and 12 outdoor netball courts - attracting over 15,000 people per week.****
+Victoria’s largest inland city, the City of Greater Bendigo generates $16.7 billion in annual economic output with an estimated 47,905 jobs in the area.*****
+The value of building approvals in the Greater Bendigo region has grown 63% to $775 million since FY2020/2021.*****
+By 2036, the City of Greater Bendigo’s population is forecast to grow 23.52% to over 155,000.******
+Potential 50% stamp duty savings.
+Minimum management, essential service investment.
+Rent: $350,000 pa*
For Sale by Investment Portfolio Auction
10:30am (AEDT) Wednesday 22 June 2022
Crown Casino - River Room
** United Petroleum
**** Bendigo Stadium
Property ID: 504078655Last Updated: 7 Jul 2022
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