523 Cooper Street, Epping, VIC 3076 | Property Value & History | OnTheHouse
OFF MARKET

523 Cooper Street
Epping VIC 3076

Bedrooms: -
Bathrooms: -
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Land area: 8845m2
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Property Details for 523 Cooper St, Epping

Building Type
Commercial
Land Size
8845m2
Local Government
Whittlesea
Lot/Plan
8/PS712703

Last Listing description (July 2023)

Gorman Allard Shelton is pleased to offer for sale Caltex Epping, a well-established and premium convenience retail investment underpinned by a high-profile Chevron covenant, located in one of Melbourne's fastest growing suburbs. A generational land holding with outstanding underlying property fundamentals, 523 Cooper Street is for sale by Expressions of Interest closing Wednesday 5th July at 2pm.

Key features of the property include:

* Land rich Melbourne generational asset

* 15-year lease term plus four further 5-year options through to 2054
* Net passing rental of $742,835 pa (as at 21 June 2023)
* Tenanted by Chevron Australia Downstream, a wholly owned subsidiary of global energy giant Chevron Corp (NYSE: CVX) which has a market capitalisation of over $439 billion AUD
* High underlying land area of 16,955 sqm approx.
* Comprises two large Industrial 1 zoned freehold titles
* 80 metre (approx.) frontage to Cooper Street, with 39,000 vehicles passing daily (approx.) and a secondary ingress/egress point to the rear
* State-of-the-art Caltex branded service station and truckstop with the latest technology and materials including fibreglass tanks, large canopies, fuel dispenser islands in the favoured 'startergate' formation, dedicated truck fuel station and hardstand allowing B-Double parking

Located 18 kilometres* north of Melbourne's CBD, the property is on the south side of Cooper Street and approximately 950 metres to the west of the Hume Freeway which has a full on/off ramp intersection.

Caltex Epping is the dominant service station in the area with low levels of competition from other nearby fuel stations and high demand from commercial vehicles in the prosperous industrial and commercial surrounding precinct.

Property History for 523 Cooper St, Epping, VIC 3076

A timeline of how this property has performed in the market
Last Sold
$17,750,000
28 Mar 2024
  • 28 Mar 2024
    Sold for $17,750,000
  • 30 May 2023
    Listed for Sale Contact Agent
  • 25 Jun 2019
    Sold for $10,650,000
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About Epping 3076

The size of Epping is approximately 33.7 square kilometres. There are 107 parks, covering nearly 17.6% of the total area. The population of Epping in 2016 was 32395 people. By 2021 the population was 33489 showing a population growth of 3.4% in the area during that time. The predominant age group in Epping is 30-39 years. Households in Epping are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Epping work in a professional occupation.In 2021, 67.70% of the homes in Epping were owner-occupied compared with 68.70% in 2016.

Epping has 17,313 properties. Over the last 5 years, Houses in Epping have seen a 20.61% increase in median value, while Units have seen a 26.40% increase. As at 30 April 2026:

  • The median value for Houses in Epping is $790,631 while the median value for Units is $565,571.
  • Houses have a median rent of $550 while Units have a median rent of $490.
There are currently 93 properties listed for sale, and 63 properties listed for rent in Epping on OnTheHouse. According to Cotality's data, 798 properties were sold in the past 12 months in Epping.

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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.