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CBRE - VIC

Steadfast Group, 390 High Street Echuca, VIC 3564

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Steadfast Group, 390 High Street,
Echuca, VIC 3564

Shops & Retail • Medical & Consulting • Development Sites & Land

Key property information

Land area

Floor area

Property extent

Tenure type

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CBRE - VIC
Sam Mercuri
Raoul Holderhead
Justin Kramersh

CBRE - VIC

Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000
CBRE - VIC
Steadfast Group, 390 High Street
Echuca, VIC 3564

Map of Steadfast Group, 390 High Street

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Strategic 1,164sqm* CBD Freehold Site Opposite Coles Supermarket | Leased to Subsidiary of ASX-Listed Insurance Giant

  • 10 + 5 + 5 year lease to Jan 2040
  • Steadfast Group: $6.58B ASX Giant
  • 1,164sqm CBD Corner Freehold
Burgess Rawson from CBRE is pleased to offer to the market Steadfast Group, Echuca VIC for sale via our Investment Portfolio Auction 178.

This opportunity has the following key investment highlights:

+ Ten (10) year lease to Steadfast Group (Insurance House) to Jan 2030.
+ Steadfast Group acquired Insurance Brands Australia (IBA) the parent company of Insurance House in 2022.
+ Steadfast Group: ASX Listed insurance giant – market cap $6.58B, Australasia’s largest general insurance broker network and underwriting agency group, with 457 brokerages and 24 agencies across Australia, New Zealand, Asia & Europe.1
+ Two (2) further Five (5) year options to Jan 2040.
+ Landlord favourable annual CPI reviews.
+ Investor preferred net lease terms with the tenant responsible for all usual outgoings.
+ Immaculate versatile 392sqm* office / medical type facility
+ Building extensively modernised with major ‘award winning’ extension circa 2004 and underwent internal refurbishment 2018
+ High profile 1,164sqm* main road freehold site with valuable 68m* dual-street frontage
+ 17,600+ passing vehicles daily. (2)
+ Important 8 on-site car spaces.
+ Strategic CBD landholding located opposite Coles and metres from Woolworths, Big W, ALDI, K-Hub & Dan Murphy’s.
+ Echuca: popular Murray River tourist location with a trade catchment of circa 60,000* people plus year-round holiday influx.
+ Campaspe Shire Council: home to 38,153 people, Campaspe supports 17,164 jobs and has an annual economic output of $6.87B. (3)
+ Substantial taxation saving depreciation.
+ Potential 50% stamp duty saving.
+ Net Income: $134,411pa* + GST.


To be sold by Investment Portfolio Auction
10:30am AEST Wednesday 6 August 2025
Garden Room - Crown Casino, Melbourne

Please contact the exclusively appointed sales team for more information.


* Approx
1 Steadfast Group
2 GapMaps
3 REMPlan

Echuca, 3564 demographic data

The median household income for Echuca is $1,335, 4% lower than Regional Victoria's household income of $1,386. Echuca has an older age profile compared to the rest of Regional Victoria (median age 45 vs 43). Property ownership data shows 43% of property owners in Echuca have a mortgage.

15,056
Population
$1,335 per week
Median household income
45 years
Median age
Owners
Most residents
Families
Most households

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