FOR SALE
Sub $1 million Investment - Freehold only

2 Oke Street
Ouyen VIC 3490

Bedrooms: -
Bathrooms: -
Car spaces: 10
Floor area: 248m2
Land area: 1410m2
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Set and Forget Investment - 15 Year Lease

Key Investment Attributes:
This asset is also underwritten by:
• Long term lease:15-year term + Options from Nov 2021 (33 years remaining)
• Sub $1m anticipated price tag
• Well established tenant with 9 other service stations
• Low rent to ensure tenants long term viability
• Rates, Insurance and Land Tax are recoverable expenses
• Fixed 3% annual increases
For a copy of the Information memorandum, please don't hesitate to contact Stephen today - 0413 550 474.

Property Details for 2 Oke St, Ouyen

Building Type
Commercial
Floor Size
248m2
Land Size
1410m2

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About Ouyen 3490

The size of Ouyen is approximately 1,533.4 square kilometres. It has 16 parks covering nearly 11.1% of total area. The population of Ouyen in 2011 was 1,082 people. By 2016 the population was 1,195 showing a population growth of 10.4% in the area during that time. The predominant age group in Ouyen is 60-69 years. Households in Ouyen are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Ouyen work in a managers occupation. In 2011, 73.8% of the homes in Ouyen were owner-occupied compared with 75.4% in 2016.

Ouyen has 917 properties. Over the last 5 years, Houses in Ouyen have seen a 119.39% increase in median value, while Units have seen a 55.28% increase. As at 31 October 2024:

  • The median value for Houses in Ouyen is $211,129 while the median value for Units is $353,890.
  • Houses have a median rent of $320.
There are currently 12 properties listed for sale, and no properties listed for rent in Ouyen on OnTheHouse. According to CoreLogic's data, 26 properties were sold in the past 12 months in Ouyen.

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Stephen Kidd
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Elliot Kidd
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Ray White Metro North
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