2 Racecourse Road, Casterton, VIC 3311 | Commercial for sale | OnTheHouse
FOR SALE
$3.1 million (7% net) offers encouraged

2 Racecourse Road
Casterton VIC 3311

Bedrooms: -
Bathrooms: -
Car spaces: 7
Floor area: 932m2
Land area: 3472m2
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Strategic Highway Investment - Metro Casterton VIC

Modern fuel facility positioned on a prime highway corner in regional Victoria, securely leased to Metro Petroleum - one of Australia's largest independent fuel operators. With new fuel infrastructure, minimal landlord obligations, and strong long-term growth potential, this is a resilient sub-$4 million investment.
Key Property Features
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• 10-year lease + options to 2064 - secure corporate tenant (Metro Petroleum)
• 100% outs recovered inc land tax
• 32,000 vehicles per week exposed to the site on Glenelg Highway
• Recent upgrades - refurbished store, new tanks & canopy
• Repairs & Maintenance to tenant - above & below ground
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Property Details for 2 Racecourse Rd, Casterton

Building Type
Commercial
Floor Size
932m2
Land Size
3472m2
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About Casterton 3311

The size of Casterton is approximately 226.9 square kilometres. It has 9 parks covering nearly 2.6% of total area. The population of Casterton in 2016 was 1668 people. By 2021 the population was 1673 showing a population growth of 0.3% in the area during that time. The predominant age group in Casterton is 60-69 years. Households in Casterton are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Casterton work in a labourer occupation.In 2021, 78.80% of the homes in Casterton were owner-occupied compared with 77.00% in 2016.

Casterton has 1,252 properties. Over the last 5 years, Houses in Casterton have seen a 72.29% increase in median value, while Units have seen a -16.73% decrease. As at 31 October 2025:

  • The median value for Houses in Casterton is $294,633 while the median value for Units is $251,147.
There are currently 28 properties listed for sale, and no properties listed for rent in Casterton on OnTheHouse. According to Cotality's data, 47 properties were sold in the past 12 months in Casterton.

Suburb Insights for Casterton 3311

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Elliot Kidd
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Stephen Kidd
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Ray White Metro North
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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.