261-267 Wyndham Street

Shepparton VIC 3630

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› 261-267 Wyndham Street, Shepparton VIC 3630

Sold on 21 Feb 2024

261-267 Wyndham Street Shepparton VIC 3630

Shop & Retail
587 m²
Sold

Renewed 4 Year Lease | $1.5 Million Tenant Funded Upgrade

Burgess Rawson in conjunction with Gagliardi Scott Real Estate are pleased to offer to the market ANZ, 261-267 Wyndham Street (corner Fryers Street), Shepparton VIC for sale via our Investment Portfolio Auction 166.

This investment has the following key highlights:

+ Renewed Four (4) year lease to August 2027 plus option to 2031.
+ ANZ: ASX top 7 banking giant with current market cap of $77.41B*.
+ Investor preferred net lease terms with ANZ paying all usual outgoings including land tax.
+ Fixed 3% annual rent increases with important lease provision ensuring rent cannot reduce at market review.
+ Modern 587sqm* freestanding building with recent $1.5 million* tenant funded upgrade.
+ Important ANZ bank incorporating retail branch and business banking facility.
+ Services large trade catchment, only ANZ branch within 100km* or 1 hour drive*.
+ Prime 617sqm* freehold corner site with significant 38 metre* frontage to Fryers Street.
+ High profile Goulburn Valley Highway position with 29,000* VPD. (1)
+ Potential 50% stamp duty saving.
+ Shepparton: major regional city with a 140,000+ trade catchment.
+ Net Income: $177,190pa* + GST

For Sale by Investment Portfolio Auction
10:30am AEDT Wednesday 21 February 2024
Crown Casino, Melbourne

*Approx
1. GapMaps

AUCTION

Auction date and time	21/02/2024 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	21 Feb 2024
Floor Area	587 m²
Land Area	617 m²
Parking	Ask Agent
Property ID	2019005074
Category	Shop & Retail Medical / Consulting Showrooms / Bulky Goods
Last updated	21 Feb 2024

Map for 261-267 Wyndham Street Shepparton VIC 3630

Nearest transport* to 261-267 Wyndham Street Shepparton VIC 3630

Bus

Train

Tram

Ferry

Fryers St/Wyndham St (Shepparton)	71 m
Fraser St/Wyndham St (Shepparton)	81 m
Fraser St/Wyndham St (Shepparton)	81 m
Fraser St/Wyndham St (Shepparton)	99 m

*Within a 4km radius

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Burgess Rawson VIC Pty Ltd

Level 20, 150 Lonsdale Street

Melbourne, VIC 3000

Property Highlights

Date Sold	21 Feb 2024
Floor Area	587 m²
Land Area	617 m²
Parking	Ask Agent
Property ID	2019005074
Category	Shop & Retail Medical / Consulting Showrooms / Bulky Goods
Last updated	21 Feb 2024

Co-Agents

Beau Coulter

Burgess Rawson VIC Pty Ltd

Call

0413 839 898

Shaun Venables

Burgess Rawson VIC Pty Ltd

Call

0411 860 865

Sam Mercuri

Burgess Rawson VIC Pty Ltd

Call

0413 830 709

More about 261-267 Wyndham Street Shepparton VIC 3630

261-267 Wyndham Street Shepparton VIC 3630 is categorized as Shop & Retail Property. It has a floor area of 587 m² and a land area of 617 m². The listing ID for this property is 2019005074.