5 Symphony Lane, Wollert, VIC 3750 | Property Value & History | OnTheHouse
OFF MARKET

5 Symphony Lane
Wollert VIC 3750

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 3163m2
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Property Details for 5 Symphony Lane, Wollert

Building Type
Commercial
Land Size
3163m2
Local Government
Whittlesea
Lot/Plan
493/PS842456

Last Listing description (August 2023)

JLL Retail Investments has the exclusive privilege of offering an extremely rare service station opportunity that includes a head company lease to BP Australia Pty Ltd.

BP Wollert is located within the heart of Whittlesea one of the fastest growing locations in Australia.

Surrounded by an abundance of new residential estates and surrounding retail, the asset will benefit from a projected increase in population of over 1192% by 2041^.

The property is co-located with McDonalds and KFC, forming a key convenience retail precinct and destination within the Whittlesea Area.

Key details of the opportunity include:
15 Year Net Lease commencing July 2021
Brand new building with substantial depreciation benefits
All outgoings including Land Tax (Single Holding Basis) are recoverable from the tenant
Significant 3,161sqm landholding
Net lease structure, with fixed annual rent reviews
Current Net Income of $348,400 + GST
Colossal population increase of 139,300 people in the next 20 years^

BP Wollert is For Sale by Expressions of Interest closing 26th of October 2022 4:00pm (AEDT).

To obtain further information or to arrange an inspection, please contact the exclusive selling agents.

Jarrod Herscu | 0418 155 062
Tom Noonan | 0402 319 698
MingXuan Li | 0498 688 998
Stuart Taylor | 0428 000 000

^ forecast.id

Property History for 5 Symphony Lane, Wollert, VIC 3750

A timeline of how this property has performed in the market
Last Sold
$6,756,000
16 May 2023
  • 16 May 2023
    Sold for $6,756,000
  • 28 Sep 2022
    Listed for Sale Contact Selling Agents
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About Wollert 3750

The size of Wollert is approximately 54.4 square kilometres. It has 30 parks covering nearly 9.8% of total area. The population of Wollert in 2016 was 9060 people. By 2021 the population was 24407 showing a population growth of 169.4% in the area during that time. The predominant age group in Wollert is 30-39 years. Households in Wollert are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wollert work in a professional occupation.In 2021, 73.80% of the homes in Wollert were owner-occupied compared with 76.50% in 2016.

Wollert has 19,604 properties. Over the last 5 years, Houses in Wollert have seen a 20.02% increase in median value, while Units have seen a 32.49% increase. As at 30 April 2026:

  • The median value for Houses in Wollert is $780,986 while the median value for Units is $582,902.
  • Houses have a median rent of $580 while Units have a median rent of $510.
There are currently 263 properties listed for sale, and 79 properties listed for rent in Wollert on OnTheHouse. According to Cotality's data, 1449 properties were sold in the past 12 months in Wollert.

Suburb Insights for Wollert 3750

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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.