575-585 Wyndham Street,
Shepparton, VIC 3630

Shops & Retail • Offices

Key property information

Land area

Floor area

Property extent

Tenure type

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Map of 575-585 Wyndham Street

Directions

Significant Retail Investment with Upside

Anticipated 11% Yield
Established businesses including Metcash
Huge 4,616sqm site

Anticipated 11% Yield

Leased to established & well known businesses incl. Cellarbrations (Metcash), Video Ezy, Jaycar & Blockbuster Australia head office.
Annual rent reviews.
Large 2,713 sqm building currently separated into 8 retail shops on 4 titles.
Opportunity for the astute investor to refurbish, reposition leases and subdivide (STCA).
High profile highway site of 4,616 sqm with a massive 108m frontage, 34 on-site car spaces plus kerb side parking.
Commercial 1 Zoning (formerly Business 1).
Shepparton: heart of the fruit bowl of Australia, retail catchment 100,000 and growing.

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