OFF MARKET

116 Main Street
Great Western VIC 3374

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1830m2
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Property Details for 116 Main St, Great Western

Building Type
Commercial
Land Size
1830m2
Local Government
Northern Grampians
Lot/Plan
1~1/PP5351

Last Listing description (August 2019)

Ray White Commercial Ferntree Gully and Ray White Commercial NSW are pleased to present 116 Main Street, Great Western VIC For Sale.
Metro Petroleum is a major petroleum retailer and one of Australia's largest independent service station operators and franchises. Metro Petroleum has a network of service stations of 230 * sites, located throughout Victoria, NSW and Queensland.
The service station investment comprises a convenience store and manager's office with extensive storage and managers live in facilities. The property is located on a high profile corner location. The investment includes a single island station with 4 bowsers plus an awning.

Investment Features Include:-
• 10 Year Lease to Metro Petroleum + Options
• Leased Until 2029 + Options to 2044
• Tenant Pays Outgoings (Excludes Land Tax And Building Insurance)
• Service Station Plus Convenience Store
• Net Rent: $104,040 Per Annum* Plus Annual CPI Increases
• Land Area: 1,830 sqm*
* Approximately
Explore other opportunities here:
155-163 Main Street, Rutherglen VIC - http://bit.ly/2PjHNN6
28 Princes Highway, Cann River VIC (Shell' Branded) - http://bit.ly/2XvWxvs
1 Jones Street, Bonnie Doon VIC - http://bit.ly/2W2uMKF
571 Beryl Street, Broken Hill NSW - http://bit.ly/2KOjsAl
111 Sutton Street, Cootamundra NSW - http://bit.ly/2DstSj7
37 Greenup Street, Texas QLD - http://bit.ly/2W4HZ5i
For further information, please contact the Exclusive Selling Agents.

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Property History for 116 Main St, Great Western, VIC 3374

A timeline of how this property has performed in the market
Last Sold
$250,000
21 Dec 2016
  • 12 Apr 2019
    Listed for Sale Not Disclosed
  • 21 Dec 2016
    Sold for $250,000
  • 05 Feb 2015
    Sold for $199,000

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About Great Western 3374

The size of Great Western is approximately 154.7 square kilometres. It has 1 park covering nearly 7.4% of total area. The population of Great Western in 2011 was 573 people. By 2016 the population was 406 showing a population decline of 29.1% in the area during that time. The predominant age group in Great Western is 60-69 years. Households in Great Western are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Great Western work in a managers occupation. In 2011, 77.3% of the homes in Great Western were owner-occupied compared with 83.6% in 2016.

Great Western has 312 properties. Over the last 5 years, Houses in Great Western have seen a 97.23% increase in median value. As at 31 October 2024:

  • The median value for Houses in Great Western is $514,593 while the median value for Units is $295,998.
  • Houses have a median rent of $230.
There are currently 3 properties listed for sale, and no properties listed for rent in Great western on OnTheHouse. According to CoreLogic's data, 6 properties were sold in the past 12 months in Great western.

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