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