175-185 Marong RoadGolden Square VIC 3555
Property Details for 175-185 Marong Rd, Golden Square
Last Listing description (June 2022)
+New 12-year lease to 2034 plus options to 2064.
+United Petroleum: Top tier tenant, one of Australia's largest and fastest growing independent fuel retailers with over 465 sites nationally.**
+Strong and certain rental growth with annual fixed, compounding 3% increases.
+Strategic 4,004 sqm* corner site with 130 metres* of combined frontage to Marong Road and Specimen Hill Road, two main arterial roads servicing over 27,500 vehicles daily.***
+Woolworths, Spotlight, Bridgestone Select, Bob Jane T-Marts, JAX Tyres, Repco, Reece Plumbing, Mitre 10, KFC, Hungry Jack's and Calder Highway connections all within 2.5km*.
+Located opposite Bendigo Stadium, the largest indoor sports stadium outside metro Melbourne, home to 10 indoor multi-purpose courts and 12 outdoor netball courts - attracting over 15,000 people per week.****
+Victoria's largest inland city, the City of Greater Bendigo generates $16.7 billion in annual economic output with an estimated 47,905 jobs in the area.*****
+The value of building approvals in the Greater Bendigo region has grown 63% to $775 million since FY2020/2021.*****
+By 2036, the City of Greater Bendigo's population is forecast to grow 23.52% to over 155,000.******
+Potential 50% stamp duty savings.
+Minimum management, essential service investment.
+Rent: $350,000 pa*
For Sale by Investment Portfolio Auction
10:30am (AEDT) Wednesday 22 June 2022
Crown Casino - River Room
*Approximately
** United Petroleum
*** Gapmaps
**** Bendigo Stadium
***** Remplan
******Forecast.id
Property History for 175-185 Marong Rd, Golden Square, VIC 3555
- 22 Jun 2022Sold for $6,350,000
- 25 May 2022Listed for Sale Price on Request
- 07 Jun 2019Listed for Rent $61,000 / year
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0About Golden Square 3555
The size of Golden Square is approximately 8.5 square kilometres. There are 13 parks, covering nearly 2.3% of the total area. The population of Golden Square in 2016 was 8820 people. By 2021 the population was 9220 showing a population growth of 4.5% in the area during that time. The predominant age group in Golden Square is 30-39 years. Households in Golden Square are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Golden Square work in a professional occupation.In 2021, 62.80% of the homes in Golden Square were owner-occupied compared with 63.30% in 2016.
Golden Square has 5,446 properties. Over the last 5 years, Houses in Golden Square have seen a 37.73% increase in median value, while Units have seen a 42.78% increase. As at 30 June 2026:
- The median value for Houses in Golden Square is $629,151 while the median value for Units is $491,866.
- Houses have a median rent of $510 while Units have a median rent of $475.
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