Prominent retail investment on the 'Golden Mile' offering a strong BP Operated Service Station and Car Wash investment
Strategic high exposure 4,199sqm site with 180 metres of street frontages to three separate thoroughfares
Excellent future development potential within Residential 1 Zone in a highly sought after growing residential location
Two high performing and established tenants providing a WALE of 7.6 years with options to 2043 for BP
Passing Net Income of $387,209 with secure fixed annual rent reviews
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SOLD SOLD SOLD
TO REQUEST A COPY OF THE BP BLACKBURN SALE ANALYSIS PLEASE CONTACT THE UNDERSIGNED:
Joseph Du Rieu
joseph.durieu@cbre.com.au
+ 61 408 892 976
Kevin Tong
kevin.tong@cbre.com.au
+ 61 422 848 818
The size of Blackburn is approximately 5.9 square kilometres. It has 23 parks covering nearly 12.0% of total area. The population of Blackburn in 2016 was 13940 people. By 2021 the population was 14478 showing a population growth of 3.9% in the area during that time. The predominant age group in Blackburn is 40-49 years. Households in Blackburn are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Blackburn work in a professional occupation.In 2021, 72.00% of the homes in Blackburn were owner-occupied compared with 72.30% in 2016.
Blackburn has 8,856 properties. Over the last 5 years, Houses in Blackburn have seen a 9.00% increase in median value, while Units have seen a 18.82% increase. As at 31 December 2025:
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