BP 172 Calder Highway (High Street) BENDIGO VIC 3550
$4,100,000

DESCRIPTION

Renewed 10 year lease to 2028 plus options to 2048.
Annual CPI reviews.
Tenant pays all usual outgoings as per the lease.
100% Leased to BP Australia: one of the world’s leading oil and gas companies with 1,400 branded retail fuel sites across the country.
Blue chip Commercial 1 gateway site of 2,023 sqm with 40 metre frontage to major four lane arterial carrying 31,000 vehicles daily.
Kangaroo Flat: the first commercial precinct from Melbourne surrounded by Bunnings, Lansell Plaza anchored by Coles, Woolworths, Kmart, KFC and McDonald’s.
Greater Bendigo: Victoria’s third largest urban centre with a growing population of over 113,000, forecast to increase to 145,000 by 2031.
Rent: $240,475 p.a. (February 2019 - assume 2.5% CPI).

For Sale by Private Treaty