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 916 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 1 property listed for rent in Ouyen on OnTheHouse. According to CoreLogic's data, 27 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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