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Stonebridge Property Group - Melbourne

Shepparton Retail Hub 278 High Street Shepparton, VIC 3630

Shepparton Retail Hub 278 High Street,
Shepparton, VIC 3630

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Stonebridge Property Group - Melbourne
Rorey James
Justin Dowers

Stonebridge Property Group - Melbourne

Level 19, 627 Chapel Street
SOUTH YARRA, VIC 3141
Stonebridge Property Group - Melbourne
Shepparton Retail Hub 278 High Street
Shepparton, VIC 3630

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100% Leased Long WALE Officeworks-Anchored Regional Retail Hub

  • Only Officeworks within a 105km* radius
  • Long term lease to Officeworks
  • 95% Weighting to ASX Tenants (by GLA)
Colliers and Stonebridge are proud to present Shepparton Retail Hub - A rare opportunity to acquire a 100% leased long WALE regional retail hub with 57% of GLA secured by Wesfarmers within the retail epicentre of the Shepparton CBD.

The Officeworks-anchored retail hub is supported by Red Rooster, Bottle O’Warehouse (Metcash) and a Club Lime Gym (ASX: VVA) across a GLA of 3,820m2*. Shepparton Retail Hub enjoys 114 at-grade car spaces and 301 metres of street frontage including three access points.

The fully leased centre is situated on a 1 hectare* Activity Centre zoned (ACZ) site in the retail epicentre of Shepparton, approximately 190 kilometres north of the Melbourne CBD.


Investment Highlights

- Only Officeworks in the Main Trade Area with nearest Officeworks over 105km* away
- Secure long term lease tenure of 35 years and 13 years to Red Rooster and Officeworks respectively
- 100% leased with superior tenancy composition of non-discretionary and service retailers
- 57% weighting by GLA to ASX Top 10 Covenant Wesfarmers
- Expansive 301m triple frontage to Midland Highway, St Georges Road and Rowe Street
- Highly accessible site with three ingress/egress points
- Central Shepparton CBD position in retail core
- Close proximity to Shepparton Railway Station
- 114 at-grade car parking bays (2.98 per 100 sqm of GLA)
- 50% regional stamp duty concession

For further information or to arrange an inspection, please contact the exclusive marketing agents at Colliers and Stonebridge.

Colliers
Tim McIntosh | 0488 320 0...
James Lawson | 0488 167 173

Stonebridge
Justin Dowers |0438 098 8...
Rorey James | 0439 400 0...

*Approximate and indicative only

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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
Colliers - Melbourne
Level 30, 367 Collins Street
MELBOURNE, VIC 3000

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