Petrol Station, Convenience Store and Workshop/Mechanic. Geelong, Victoria

Great Investment Opportunity in Beautiful Coastal Geelong Region – 5% Return on Investment.

Victorian Coastal Town Growing  Local Population and Busy Tourist Location.

Secure Tenant – Fuel Group with Multi Petrol Station Sites.

Long Lease and Prime Location make this an ideal investment.

Branded Petrol Station and Convenience Store and Workshop/Mechanic

Located on Main Highway

Population: 12,380 (2016)

Land Size: 2940 Square Metres

Zoning: Commercial

Traffic Count: Over 17,000 Vehicles

Asking: $3.38 Million – $3.48 Million Or Nearest Offers

Total Rental Income of $170,000 Per Annum Plus GST and Outgoings paid by tenants.

Petrol Station is Leased to a prominent Fuel Group with initial term of 15 Years plus more options.

The workshop/Mechanic is leased out to local mechanic who has longstanding customer base.

  • Rent Income from Petrol Station – $150,000 Per Annum Plus GST and 70% Outgoings
  • Lease of 15 Years Plus Further Options of  5 x 10 x 10 x 10 Years
  • 3 Months Security Bond Plus One Months Rent In Advance
  • New Lease commenced September 2020 
  • 3% increase will apply September 2021
  • Rental Income from Workshop – $20,000 Per Annum Plus GST and 30%  Outgoings
  • Lease Term of 3 x 3 x 3 Years

3 Tanks:

PULP. – 27,600 Litres

DIESEL. – 10,000 Litres

DIESEL. – 10,000 Litres

Well Maintained Site with Modern Pumps and Fit Out. 

Very busy Fuel and Shop Sales.

Longstanding Mechanic and Workshop

Potential to add more retail/storage/warehouse and increase your rental returns.

For More Information Please Send Me An Enquiry and Note: Investment Geelong Region