9 Gregory StreetOuyen VIC 3490
Property Details for 9 Gregory St, Ouyen
Last Listing description (October 2023)
Colliers are pleased to offer under the instruction from the receivers and managers 9 Gregory Street, Ouyen for sale via expressions of interest closing Thursday 23rd of November at 4pm (AEST).
The property has the following investment highlights:
- Major independent petrol group DIB Group retailing under the Metro Petroleum banner
- Strong income growth with fixed 3.33% increases annually and 5% on renewal
- Situated on strategic corner allotment of 943sqm* on the busy Mallee Highway
- Ouyen: Booming regional town with median house price up 30.5% in the past 12 months^
- Property includes 168sqm* retail store and 68sqm* canopy
- 70,000 Lt underground tank with 4 compartments comprising 10,000 Lt Unleaded 98, 15,000 Lt Unleaded 91, 25,000 Diesel, 20,000 Lt E-10 Unleaded.
- Net income: $79,365.81 per annum plus GST
For sale via Expressions of Interest closing Thursday 23rd of November at 4pm (AEST).
For further information, please contact Colliers agents James Lawson on 0488 167 1... or Travis Hurst on 0423 388 932.
*Approximately.
Property History for 9 Gregory St, Ouyen, VIC 3490
- 01 Aug 2024Sold for $500,000
- 20 Oct 2023Listed for Sale For sale via expressions of interest
- 20 Mar 2023Listed for Sale For sale via expressions of interest
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0About Ouyen 3490
The size of Ouyen is approximately 1,533.4 square kilometres. It has 16 parks covering nearly 11.1% of total area. The population of Ouyen in 2011 was 1,082 people. By 2016 the population was 1,195 showing a population growth of 10.4% in the area during that time. The predominant age group in Ouyen is 60-69 years. Households in Ouyen are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Ouyen work in a managers occupation. In 2011, 73.8% of the homes in Ouyen were owner-occupied compared with 75.4% in 2016.
Ouyen has 917 properties. Over the last 5 years, Houses in Ouyen have seen a 119.39% increase in median value, while Units have seen a 55.28% increase. As at 31 October 2024:
- The median value for Houses in Ouyen is $211,129 while the median value for Units is $353,890.
- Houses have a median rent of $320.
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