Sold
100% Leased Long WALE Officeworks-Anchored Regional Retail Hub
Shepparton Retail Hub 278 High Street, Shepparton VIC 3630
Expression of Interest
RetailSize: n/a
Block size: 1.01 Hectares approx.
Colliers and Stonebridge are proud to present Shepparton Retail Hub - A rare opportunity to acquire a 100% leased long WALE regional retail hub with 57% of GLA secured by Wesfarmers within the retail epicentre of the Shepparton CBD.
The Officeworks-anchored retail hub is supported by Red Rooster, Bottle O'Warehouse (Metcash) and a Club Lime Gym (ASX: VVA) across a GLA of 3,820m2*. Shepparton Retail Hub enjoys 114 at-grade car spaces and 301 metres of street frontage including three access points.
The fully leased centre is situated on a 1 hectare* Activity Centre zoned (ACZ) site in the retail epicentre of Shepparton, approximately 190 kilometres north of the Melbourne CBD.
Investment Highlights
- Only Officeworks in the Main Trade Area with nearest Officeworks over 105km* away
- Secure long term lease tenure of 35 years and 13 years to Red Rooster and Officeworks respectively
- 100% leased with superior tenancy composition of non-discretionary and service retailers
- 57% weighting by GLA to ASX Top 10 Covenant Wesfarmers
- Expansive 301m triple frontage to Midland Highway, St Georges Road and Rowe Street
- Highly accessible site with three ingress/egress points
- Central Shepparton CBD position in retail core
- Close proximity to Shepparton Railway Station
- 114 at-grade car parking bays (2.98 per 100 sqm of GLA)
- 50% regional stamp duty concession
For further information or to arrange an inspection, please contact the exclusive marketing agents at Colliers and Stonebridge.
Colliers
Tim McIntosh | 0488 320 063
James Lawson | 0488 167 173
Stonebridge
Justin Dowers |0438 098 805
Rorey James | 0439 400 081
*Approximate and indicative only
The Officeworks-anchored retail hub is supported by Red Rooster, Bottle O'Warehouse (Metcash) and a Club Lime Gym (ASX: VVA) across a GLA of 3,820m2*. Shepparton Retail Hub enjoys 114 at-grade car spaces and 301 metres of street frontage including three access points.
The fully leased centre is situated on a 1 hectare* Activity Centre zoned (ACZ) site in the retail epicentre of Shepparton, approximately 190 kilometres north of the Melbourne CBD.
Investment Highlights
- Only Officeworks in the Main Trade Area with nearest Officeworks over 105km* away
- Secure long term lease tenure of 35 years and 13 years to Red Rooster and Officeworks respectively
- 100% leased with superior tenancy composition of non-discretionary and service retailers
- 57% weighting by GLA to ASX Top 10 Covenant Wesfarmers
- Expansive 301m triple frontage to Midland Highway, St Georges Road and Rowe Street
- Highly accessible site with three ingress/egress points
- Central Shepparton CBD position in retail core
- Close proximity to Shepparton Railway Station
- 114 at-grade car parking bays (2.98 per 100 sqm of GLA)
- 50% regional stamp duty concession
For further information or to arrange an inspection, please contact the exclusive marketing agents at Colliers and Stonebridge.
Colliers
Tim McIntosh | 0488 320 063
James Lawson | 0488 167 173
Stonebridge
Justin Dowers |0438 098 805
Rorey James | 0439 400 081
*Approximate and indicative only
Inspections
No open inspections scheduled.
Send an enquiry
Contact Tim McIntosh to learn more about this property, request an inspection or take an online tour.
Key details
Garage Spaces:
112
Property type:
Retail
Block Size:
1.01 Hectares*
Other Details
Maps and area information
Block information
Block size: 1.01Hectares (approx)
No block information available
Measurements are estimates only and based on data provided under licence from
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SummaryMedian sales
Average Age
40 years
Population
32,067
Listing ID: 182045217. This listing has been viewed 1 time. It was first displayed on 31/10/2023 and last updated on 27/03/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.