277 Wyndam Street,
Shepparton, VIC 3630

Shops & Retail • Offices

Key property information

Land area

Floor area

Property extent

Tenure type

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Map of 277 Wyndam Street

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Affordable Entry Level CBD Freehold - Circa 8.5% Yield Anticipated

New 5 + 3 + 3 + 3 year lease to 2031
Tenant pays usual outgoings
Rent: $67,500 pa

New 5 + 3 + 3 + 3 year lease to 2031
Carisma: clothing retail store operating for 15+ years
Annual rent reviews
Tenant pays all usual outgoings including insurance
Well maintained two level building of 414 sqm, 7.5m of retail frontage
Strategic CBD location opposite Aust Post, neighbouring ANZ & within Shepparton’s retail, financial & legal precinct
Significant ‘Activity Centre Zone’ landholding of approximately 230 sqm
Single tenant minimum management investment
Shepparton: major regional city servicing north central Victoria, catchment of 100,000+, only 2 hours drive from Melbourne
Rent: $67,500 pa

Auction 11am AEST Wednesday 5 April 2017
River Room, Crown Casino, Melbourne

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