28 Princes HighwayCann River VIC 3890
Property Details for 28 Princes Hwy, Cann River
Last Listing description (December 2025)
New Service Station Investment with Value Add - Freehold Only
Fully Leased Highway Investment
Newly Refurbished Service Station
What is being sold?
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Service Station - Very competitive rent
4-bedroom house
Massive Site Area for possible Subdivision
Highway Frontage
*Note Freehold only sale*
What is the asking price?
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$1.69 million
Where is the property located?
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5 Hours East of Melbourne
How long is the tenants lease?
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Service Station - 15 + 5 + 10 + 10 + 10
Fixed annual rent increases every year
All outgoings including land tax recoverable
A detailed Information Memorandum (IM) is available upon request.
Please ensure to include a phone number in your inquiry so that we can discuss both this and the other similar investment we have coming up also in VIC.
We look forward to speaking with you soon.
Ryan Trickey +61 400 380 438
Will Jonas +61 422 883 011
Remember to mention you found this property on CommercialReady
Property History for 28 Princes Hwy, Cann River, VIC 3890
- 24 Jun 2025Listed for Sale $1,690,000 - Freehold Only
- 18 Jun 2025Sold for $1,450,000
- 09 Sep 2024Listed for Sale $1,690,000 - Freehold Only
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0About Cann River 3890
The size of Cann River is approximately 112.0 square kilometres. It has 3 parks covering nearly 77.0% of total area. The population of Cann River in 2016 was 194 people. By 2021 the population was 197 showing a population growth of 1.6% in the area during that time. The predominant age group in Cann River is 50-59 years. Households in Cann River are primarily childless couples and are likely to be repaying $300 - $449 per month on mortgage repayments. In general, people in Cann River work in a community and personal service occupation.In 2021, 60.00% of the homes in Cann River were owner-occupied compared with 61.10% in 2016.
Cann River has 263 properties. Over the last 5 years, Houses in Cann River have seen a 55.32% increase in median value. As at 28 February 2026:
- The median value for Houses in Cann River is $314,317 while the median value for Units is $379,942.
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