SOLD
Sold on 30 Nov 2023 for $15,255,000

92 Bulla Road
Bulla VIC 3428

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 17200m2
Sold By
CRE Brokers - Braeside
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Property Details for 92 Bulla Rd, Bulla

Building Type
Commercial
Land Size
17200m2
Local Government
Hume
Lot/Plan
1/TP544187

Last Listing description (October 2023)

Stonebridge Property Group together with Gorman Allard Shelton proudly presents The Bulla Hub Service Centre for sale by Expressions of Interest closing Thursday 30th November at 2pm.

This mixed-use investment comprises a BP Service Station, a Hungry Jack's Restaurant, The Black Horse Hotel & Motel plus over 5,754 sqm* of expansion land.


The property has a very wide trade catchment being the only service station for many surrounding kilometres and is situated on the main thoroughfare between Tullamarine Airport and Sunbury.

- Comprises a BP Service Station, a Hungry Jack's Restaurant & The Black Horse Hotel

- Net Passing Income $722,000 pa*

- Total site area 17,200 sqm* in 5 titles to be sold as a whole

- Expansion land totalling 5,754 sqm* on either side of the improvements

- 3 street frontages totalling 442 m*

- Substantial growth corridor location

- Massive trade catchment between Tullamarine Airport and Sunbury

- 23,000* vehicles pass the site daily

The Bulla Hub Service Centre for For Sale by Expressions of Interest closing Thursday 30th November at 2pm.

To obtain further information or to arrange an inspection, please contact the exclusive selling agents.

Stonebridge Property Group:

Rorey James
0439 400 081

Kevin Tong
0422 848 818

Gorman Allard Shelton:

Peter Bremner
0412 326 942

Jonathon McCormack
0418 835 885

*Approximately

Property History for 92 Bulla Rd, Bulla, VIC 3428

A timeline of how this property has performed in the market
Last Sold
$15,255,000
30 Nov 2023
  • 30 Nov 2023
    Sold for $15,255,000
  • 27 Oct 2023
    Listed for Sale $9,000,000
  • 29 Jul 2014
    Listed for Sale Not Disclosed
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About Bulla 3428

The size of Bulla is approximately 35 square kilometres. It has 9 parks covering nearly 2.3% of total area. The population of Bulla in 2011 was 651 people. By 2016 the population was 683 showing a population growth of 4.9% in the area during that time. The predominant age group in Bulla is 60-69 years. Households in Bulla are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bulla work in a trades occupation. In 2011, 84.6% of the homes in Bulla were owner-occupied compared with 88.9% in 2016.

Bulla has 534 properties. Over the last 5 years, Houses in Bulla have seen a 40.37% increase in median value. As at 30 September 2024:

  • The median value for Houses in Bulla is $1,202,976 while the median value for Units is $516,236.
There are currently 3 properties listed for sale, and no properties listed for rent in Bulla on OnTheHouse. According to CoreLogic's data, 10 properties were sold in the past 12 months in Bulla.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.