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Retail for Sale

2 Racecourse Road (Glenelg Highway) Casterton, VIC 3311

For Sale Via EOI - Closing 5th November 2025
  • Building: 932m²
  • Land: 3,472.11m²

Contact the agent if you'd like further information.

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Retail for Sale in Casterton

Strategic Highway Investment - Metro Casterton VIC

  • Building: 932m²
  • Land: 3,472.11m²

Modern fuel facility positioned on a prime highway corner in regional Victoria, securely leased to Metro Petroleum - one of Australia's largest independent fuel operators. With new fuel infrastructure, minimal landlord obligations, and strong long-term growth potential, this is a resilient sub-$4 million investment.

Key Property Features
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  • 10-year lease + options to 2064 - secure corporate tenant (Metro Petroleum)
  • 100% outs recovered inc land tax
  • 32,000 vehicles per week exposed to the site on Glenelg Highway
  • Recent upgrades - refurbished store, new tanks & canopy
  • Repairs & Maintenance to tenant - above & below ground
  • $216,300 net income p.a. - competitive rent

Contact Agents
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Stephen Kidd - Director, Retail Sales - 0413 550 474 - stephen.kidd@raywhite.com

Elliot Kidd - Director, Retail Sales & Leasing - 0407 696 738 - elliot.kidd@raywhite.com

Key Search words
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investment property VIC, regional fuel site, petrol station for sale, highway exposure, passive income property, long lease commercial, drive thru potential, redevelopment opportunity, Glenelg Shire property, sub $4 million investment

Building:

932m²

Land:

3,472.11m² / 0.86 acres

Zone:

Commercial 2 Zone - C2Z

Tenancy:

Tenanted

Due diligence checklist for home and residential property buyers

2 Racecourse Road (Glenelg Highway), Casterton, VIC 3311
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