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Shepparton Retail Hub 278 High Street
Shepparton VIC 3630
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Sold on 1 Jan 2024

Shepparton Retail Hub 278 High Street Shepparton VIC 3630

  • Shop & Retail
  • 3,820 m²
  • Sold

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 320 063
James Lawson | 0488 167 173

Stonebridge
Justin Dowers |0438 098 805
Rorey James | 0439 400 081

*Approximate and indicative only

EXPRESSION OF INTEREST

Closing date and time22/11/2023 14:00
Recipient nameAsk Agent
Delivery addressColliers
Colliers International Melbourne
Colliers International Melbourne
Level 30/367 Collins St
Melbourne, VIC 3000

Property Highlights

Date Sold1 Jan 2024
Floor Area3,820 m²
Land Area1.01 ha
Parking112 x Onsite parkings
Property ID2018864502
Category
Last updated  26 Mar 2024
Map for Shepparton Retail Hub 278 High Street Shepparton VIC 3630
Colliers International Melbourne
Colliers International Melbourne
Level 30/367 Collins St
Melbourne, VIC 3000

Property Highlights

Date Sold1 Jan 2024
Floor Area3,820 m²
Land Area1.01 ha
Parking112 x Onsite parkings
Property ID2018864502
Category
Last updated  26 Mar 2024

Co-Agents

Tim McIntosh
Colliers International Melbourne
Call
0488 320 063
James Lawson
Colliers International Melbourne
Call
+61 428 732 969
Rorey James
Stonebridge Property Group VIC
Call
+61 439 400 081
Justin Dowers
Stonebridge Property Group VIC
Call
+61 438 098 805

More about Shepparton Retail Hub 278 High Street Shepparton VIC 3630

Shepparton Retail Hub 278 High Street Shepparton VIC 3630 is categorized as Shop & Retail Property. It has a floor area of 3,820 m² and a land area of 1.01 ha. There are 112 x onsite parkings.The listing ID for this property is 2018864502.

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