125 Condon StreetKennington VIC 3550
Property Details for 125 Condon St, Kennington
Last Listing description (September 2023)
JLL in conjunction with TSFN are pleased to present EG Ampol Kennington, a secure service station and medical investment with a secure lease to major global fuel group, EG Group, and leading Physiotherapy operator Fusion Physiotherapy.
The property is located within a major retail precinct adjoining ALDI, and just 2km from the Bendigo CBD.
Key details of the opportunity include:
+ Secure head office lease to British EG Group
+ Highly Strategic 5,068sqm* Commercial 1 Zoned Landholding
+ ModernFibreglass tanks and store refurbishment completed in 2015*
+ Located directly opposite Kennington Village Shopping Centre, Strath Village Shopping Centre, McDonald's, and KFC
+ 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 125 Condon St, Kennington, VIC 3550
- 19 Mar 2024Sold for $3,700,000
- 18 Jul 2023Listed for Sale Contact Agent
- 25 Oct 2018Listed for Sale $4,150,000.00
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About Kennington 3550
The size of Kennington is approximately 4 square kilometres. It has 9 parks covering nearly 16.2% of total area. The population of Kennington in 2011 was 5,830 people. By 2016 the population was 5,649 showing a population decline of 3.1% in the area during that time. The predominant age group in Kennington is 20-29 years. Households in Kennington are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Kennington work in a professional occupation. In 2011, 60.8% of the homes in Kennington were owner-occupied compared with 59.2% in 2016.
Kennington has 3,368 properties. Over the last 5 years, Houses in Kennington have seen a 41.95% increase in median value, while Units have seen a 52.71% increase. As at 31 October 2024:
- The median value for Houses in Kennington is $590,475 while the median value for Units is $382,128.
- Houses have a median rent of $450 while Units have a median rent of $400.
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