Freestanding IGA Supermarket situated on a highly strategic main street site of 1,731sqm* comprising of a building area of 600sqm*
Located in the main street of Rushworth and surrounded by national retailers including Bendigo Bank and Australia Post
5 Year net lease to very experienced IGA operators
Highly convenient supermarket design ideally catering for the needs of the catchment which comprises predominantly of retirees
Located adjacent a major development of the Goulburn Valley Aged Care Facility with a $10,000,000 investment from the Victorian Government
Net income of $70,452* with annual CPI increases providing guaranteed income growth
For Sale Via Public Expression of Interest Closing Thursday 26th April 2018 at 5.00PM (AEST)
*approx
The size of Rushworth is approximately 179.7 square kilometres. It has 2 parks covering nearly 19.8% of total area. The population of Rushworth in 2016 was 1335 people. By 2021 the population was 1411 showing a population growth of 5.7% in the area during that time. The predominant age group in Rushworth is 60-69 years. Households in Rushworth are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Rushworth work in a labourer occupation.In 2021, 81.10% of the homes in Rushworth were owner-occupied compared with 77.90% in 2016.
Rushworth has 979 properties. Over the last 5 years, Houses in Rushworth have seen a 18.49% increase in median value, while Units have seen a 51.69% increase. As at 31 January 2026:
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