SOLD
Sold on 01 Aug 2024 for $500,000

9 Gregory Street
Ouyen VIC 3490

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 943m2
Improve this data
Sold By
James Lawson
Colliers International Bendigo
Travis Hurst
Colliers International Bendigo
Share
Save

Property Details for 9 Gregory St, Ouyen

Building Type
Commercial
Land Size
943m2
Local Government
Mildura
Lot/Plan
1/TP398621

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:

- 11 years remaining on lease plus further terms
- 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.

Show More

Property History for 9 Gregory St, Ouyen, VIC 3490

A timeline of how this property has performed in the market
Last Sold
$500,000
01 Aug 2024
  • 01 Aug 2024
    Sold for $500,000
  • 20 Oct 2023
    Listed for Sale For sale via expressions of interest
  • 20 Mar 2023
    Listed for Sale For sale via expressions of interest
Sign in to see more transactions

Commute Calculator

Recent sales nearby

See more recent sales nearby

Similar properties For Sale nearby

See more properties for sale nearby

Similar properties For Rent nearby

See more properties for rent nearby

About 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 118.22% increase in median value, while Units have seen a 32.78% increase. As at 30 November 2024:

  • The median value for Houses in Ouyen is $204,686 while the median value for Units is $353,890.
  • Houses have a median rent of $320.
There are currently 10 properties listed for sale, and 3 properties listed for rent in Ouyen on OnTheHouse. According to CoreLogic's data, 29 properties were sold in the past 12 months in Ouyen.

Ouyen Profile Page

Suburb Insights for Ouyen 3490

Visit Ouyen profile page
Market Insights
Ouyen Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Ouyen Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Ouyen profile page
CoreLogic Copyright and Legal Disclaimers about Property Data

© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED