1-4/228-234 High Street

Shepparton VIC 3630

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Sold on 23 Feb 2023

1-4/228-234 High Street Shepparton VIC 3630

Shop & Retail
780 m²
Sold

100% Occupied Freehold Building Anchored by NDIS Services Provider

Burgess Rawson and Gagliardi Scott Real Estate are pleased to offer to the market a 100% occupied freehold building in Shepparton VIC for sale via Investment Portfolio Auction 158.

The property has the following investment highlights:

+ 100% occupied freehold building with strong occupancy history.
+ Tenants include a NDIS services provider, Hotondo Homes, sports recovery centre and martial arts school.
+ Favourable annual CPI rent reviews.
+ Investor preferred net lease terms with tenants paying all usual outgoings.
+ Modern 780sqm* building with 4 tenancies on 4 separate titles allowing for individual on-sale.
+ Significant 1,279sqm* site with triple street frontage and 12 on-title car spaces.
+ High profile Midland Highway position with 22,220 vehicles passing daily. (1)
+ Within 250 metres of Latrobe University, GOTAFE and Shepparton Showgrounds.
+ Potential 50% stamp duty savings.
+ Shepparton: major regional city with a 100,000 plus trade catchment.
+ Net Income: $106,853pa* + GST (as at April 2023)

To be sold by Investment Portfolio Auction
10:30am AEDT Wednesday 22nd February 2023
Crown Casino, Melbourne

Please contact the exclusively appointed Burgess Rawson team for more information.

1. GapMaps

AUCTION

Auction date and time	22/02/2023 10:30
Auction location	Crown Casino - River Room - Melbourne

Burgess Rawson VIC Pty Ltd

Level 20, 150 Lonsdale Street

Melbourne, VIC 3000

Property Highlights

Date Sold	23 Feb 2023
Floor Area	780 m²
Land Area	1,279 m²
Parking	Ask Agent
Property ID	2018308387
Category	Shop & Retail Medical / Consulting Offices
Last updated	23 Feb 2023

Map for 1-4/228-234 High Street Shepparton VIC 3630

Nearest transport* to 1-4/228-234 High Street Shepparton VIC 3630

Bus

Train

Tram

Ferry

Shepparton Station/Purcell St (Shepparton)	182 m
Shepparton Station/Purcell St (Shepparton)	182 m
Shepparton Railway Station/Purcell St (Shepparton)	218 m
Shepparton Railway Station/Purcell St (Shepparton)	258 m

*Within a 4km radius

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The "rollout status" and "service type" can connect to services over the nbn network but may require additional work to be completed first. On rare occasions, some premises cannot be connected.

Burgess Rawson VIC Pty Ltd

Level 20, 150 Lonsdale Street

Melbourne, VIC 3000

Property Highlights

Date Sold	23 Feb 2023
Floor Area	780 m²
Land Area	1,279 m²
Parking	Ask Agent
Property ID	2018308387
Category	Shop & Retail Medical / Consulting Offices
Last updated	23 Feb 2023

Co-Agents

Beau Coulter

Burgess Rawson VIC Pty Ltd

Call

0413 839 898

Shaun Venables

Burgess Rawson VIC Pty Ltd

Call

0411 860 865

More about 1-4/228-234 High Street Shepparton VIC 3630

1-4/228-234 High Street Shepparton VIC 3630 is categorized as Shop & Retail Property. It has a floor area of 780 m² and a land area of 1,279 m². The listing ID for this property is 2018308387.