Office, 27 Welsford Street,
Shepparton, VIC 3630

Shops & Retail • Offices • Medical & Consulting

Key property information

Land area

Floor area

Property extent

Tenure type

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Map of Office, 27 Welsford Street

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Immaculate Freehold Office Investment

Renewed 7 year lease to 2023
Long Established Accounting Firm
Tenant pays usual outgoings

Renewed 7 year lease to 2023 plus option to 2037
Long established and successful accounting firm since 1991
Annual CPI rent reviews
Tenant pays usual outgoings
Modern ‘as new’ 900 sqm 2 level office building constructed in 2001 and recently undergone a major $250,000 tenant upgrade and refurbishment
Strategic CBD location within Shepparton’s financial and legal precinct
Large 1,100 sqm ‘Activity Centre Zone’ landholding with 17 car spaces on-title
Single tenant minimum management investment
Excellent income tax saving depreciation benefits
Shepparton: major regional city servicing north central Victoria, catchment of 100,000+, only 2 hours drive from Melbourne
Rent: $255,893 pa

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