98 Sheppard Street is an industrial property utilised as a Data Centre and leased to the Commonwealth of Australia on a new five (5) year lease with expiry on 22 January 2021.
The property is located in the industrial suburb of Hume with the surrounding area predominantly occupied by manufacturing, transport and storage companies with an emergence of strata complexes offering a mix of industries and businesses.
New 5 year lease to Commonwealth of Australia
The size of Hume is approximately 8.5 square kilometres. It has 2 parks covering nearly 23.8% of total area. The population of Hume in 2016 was 430 people. By 2021 the population was 395 showing a population decline of 8.1% in the area during that time. The predominant age group in Hume is 30-39 years. Households in Hume are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Hume work in a professional occupation.In 2021, 57.10% of the homes in Hume were owner-occupied compared with 0.00% in 2016.
Hume has 448 properties. As at 30 November 2025:
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