358-360 Thompson RoadNorth Geelong VIC 3215
Property Details for 358-360 Thompson Rd, North Geelong
Last Listing description (August 2019)
Ray White Commercial are proud to present this high profile service station investment For Immediate Sale.
- 50 year lease including options to Westside Petroleum and VIVA Energy - ASX listed $15.5 billion energy giant
- VIVA Energy: The exclusive Shell Licensee in Australia with a network of 1,000+ retail outlets.
- Geelong is Australia's fastest growing city, growing by 2.71% in the last year.
- Fully renovated outlet from underground to the canopy lights.
- IMPORTANT: The site has been fully renovated including upgraded fibreglass tanks, pumps and lines. Recent tank, line testing and environmental reports.
- New 4 x 8 hose mpp 1 x high flow two hose with Abblue. New 5000ltr above ground Adblue tank, LPG tank and pump.
- Land Area: 1,668 sqm*
- Building Area: 150 sqm*
- Net Rent: $247,200 per annum*
- 3% fixed annual increases
- 15 year lease to 2032
- Further terms of 5 + 10 + 10 + 10, expiring 2067
- Significant tax depreciation benefits
- High traffic flow site and convenience store
* Approximate
To obtain further information, please contact the below exclusive selling agents:
Paul Waterhouse
Ray White Commercial Ferntree Gully
Mobile: 0417 660 153
Email: paul.waterhouse@raywhite.com
Michael Ajaka
Ray White Commercial NSW
Mobile 0408 488 655
Email: majaka@raywhite.com
Ian Farrar
Northaime Consulting Business Brokers
Mobile: 0412 632 914
Email: northaime@bigpond.com
Property History for 358-360 Thompson Rd, North Geelong, VIC 3215
- 26 Sep 2018Listed for Sale Contact Agent
- 23 Jun 2017Sold for $2,420,000
- 08 May 2017Listed for Sale SOLD - $2,420,000
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0About North Geelong 3215
The size of North Geelong is approximately 5.0 square kilometres. There are 12 parks, covering nearly 16.5% of the total area. The population of North Geelong in 2016 was 2966 people. By 2021 the population was 3225 showing a population growth of 8.7% in the area during that time. The predominant age group in North Geelong is 30-39 years. Households in North Geelong are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in North Geelong work in a professional occupation.In 2021, 56.70% of the homes in North Geelong were owner-occupied compared with 53.00% in 2016.
North Geelong has 2,471 properties. Over the last 5 years, Houses in North Geelong have seen a 11.02% increase in median value, while Units have seen a 7.95% increase. As at 31 August 2026:
- The median value for Houses in North Geelong is $765,541 while the median value for Units is $522,460.
- Houses have a median rent of $485 while Units have a median rent of $420.
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