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1 Broomfield Street Shepparton, VIC 3630

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1 Broomfield Street,
Shepparton, VIC 3630

Warehouse, Factory & Industrial

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Map of 1 Broomfield Street

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Incredible Industrial Opportunity!

• Zoned Industrial 1

• 820 m2* building size

• Huge 1,151m2* allotment

• Rear shed offers 505m2* of space and is currently vacant – Appraised rent = $32,000* per annum

• Front shed offers 315m2* of space and is currently leased at $17,480.07 per annum + GST & outgoings, market rent being $23,000 per annum* (Outgoings include power, water usage and 50% of council rates)

* Front Shed September renewal - Expected market rent $23,000

• Perfect for an owner occupier to move their business to the rear while leasing the front to the separate tenant for dual income or a savvy investor looking to get into the market with a Bluechip investment opportunity

• Incredible location near SPC and the extremely busy Lockwood Road precinct

• Bonuses include 3 phase power, high ceilings for extra space, two huge roller doors allowing easy access for small or large vehicles/trucks & mezzanine floor for storage

• Market rental value for total premises - $55,000* pa plus GST and outgoings

• Potential 50% stamp duty saving.

*Approximates Only

Shepparton, 3630 demographic data

The median household income for Shepparton is $1,285, 7% lower than Regional Victoria's household income of $1,386. Shepparton has a younger age profile compared to the rest of Regional Victoria (median age 38 vs 43). Property ownership data shows 46% of property owners in Shepparton have a mortgage.

32,067
Population
$1,285 per week
Median household income
38 years
Median age
Owners
Most residents
Families
Most households
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1 Broomfield Street
Shepparton, VIC 3630

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