Bank of Melbourne, 297 Wyndham Street (Goulburn Valley Hwy),
Shepparton, VIC 3630

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Entry Level Bank Investment

Renewed 5 year lease
Annual 3% rent increases
Lessee pays all usual outgings

Renewed 5 year lease to Bank of Melbourne, subsidiary of Westpac.
Further 5+5 year options through to 2026
Annual 3% rent increases.
150m2* building recently refurbished and rebranded
Rear on site parking.
Thriving CBD location amongst Westpac, CBA, ANZ, Gloria Jeans and Rivers.
Lessee pays all usual outgoings.
Shepparton – heart of the fruit bowl of Australia, retail catchment 100,000 and growing.
Rent $40,979 pa*

*Approx.

Interstate and local bidding by prior arrangement.

To be auctioned as part of Burgess Rawson Investment Portfolio Auction 74.
11AM (AEDT)
27 February 2013
River Room Crown Casino
Southbank, 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