172 High StreetKangaroo Flat VIC 3555
Property Details for 172 High St, Kangaroo Flat
Last Listing description (September 2023)
JLL in conjunction with TSFN are pleased to present BP Kangaroo Flat, a blue-chip service station investment with a secure lease to global fuel conglomerate, BP.
The property is located within a major gateway location entering Bendigo, and belongs to the major retail precinct on Calder Highway, benefiting from direct adjacency to McDonalds and ALDI.
Key details of the opportunity include:
+ Secure head office lease to BP Australia
+ Highly favourable uncapped CPI rental Increases
+ Net lease structure with the lessee responsible for all outgoings except for Land Tax
+ Located Directly Adjacent to McDonald's and ALDI
+ Situated on a significant 2,023*sqm landholding with exposure to the Calder Highway
+ Potential for 50% Stamp Duty Savings
*Approx.
To obtain further information or to arrange an inspection, please contact the exclusive selling agent.
JLL
Jarrod Herscu | +61 418 155 062
Tom Noonan | +61 402 319 698
MingXuan Li | +61 498 688 998
TSFN - Bendigo
Tom Harrop | +61 409 014 657
Property History for 172 High St, Kangaroo Flat, VIC 3555
- 20 Dec 2023Sold for $3,600,000
- 17 Jul 2023Listed for Sale Contact Agent
- 27 Sep 2018Listed for Sale $4,100,000.00
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0About Kangaroo Flat 3555
The size of Kangaroo Flat is approximately 18.4 square kilometres. It has 27 parks covering nearly 40.1% of total area. The population of Kangaroo Flat in 2011 was 9,492 people. By 2016 the population was 10,405 showing a population growth of 9.6% in the area during that time. The predominant age group in Kangaroo Flat is 20-29 years. Households in Kangaroo Flat are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Kangaroo Flat work in a labourer occupation. In 2011, 67.3% of the homes in Kangaroo Flat were owner-occupied compared with 67.4% in 2016.
Kangaroo Flat has 6,216 properties. Over the last 5 years, Houses in Kangaroo Flat have seen a 50.59% increase in median value, while Units have seen a 43.40% increase. As at 31 October 2024:
- The median value for Houses in Kangaroo Flat is $515,763 while the median value for Units is $360,339.
- Houses have a median rent of $460 while Units have a median rent of $400.
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