This industrial property and well established and profitable business is for sale on a walk in / walk out basis. The current owner has conducted this well known business from this premises since October 1989 and over this extended period of time has developed a loyal customer base. The property is exceptionally well positioned in an excellent industrial location with easy access to the Calder Freeway and Bendigos thriving central business district. With few direct competitors in Bendigo this would be a fantastic opportunity to acquire a significant freehold and thriving business to secure your long term business future.
Freehold: $1,500,000-00 plus GST
Business: $450,000-00 including plant and equipment, Stock at valuation and goodwill
The size of Golden Gully is approximately 3.2 square kilometres. It has 3 parks covering nearly 66.2% of total area. The population of Golden Gully in 2011 was 264 people. By 2016 the population was 214 showing a population decline of 18.9% in the area during that time. The predominant age group in Golden Gully is 50-59 years. Households in Golden Gully are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Golden Gully work in a labourer occupation. In 2011, 79.8% of the homes in Golden Gully were owner-occupied compared with 87.5% in 2016..
Golden Gully has 196 properties. Over the last 5 years, Houses in Golden Gully have seen a 46.07% increase in median value. As at 30 September 2024:
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