7 Mill StreetMooroopna VIC 3629
Property Details for 7 Mill St, Mooroopna
Last Listing description (September 2025)
Burgess Rawson from CBRE and Youngs & Co Real Estate are delighted to offer to market the Freehold of this substantial property at 7 Mill Street, Mooroopna (Shepparton) VIC for sale via Investment Portfolio Auction 179.
(Please note, the business is not for sale).
The property has the following key investment highlights:
+ Ten (10) Year lease to June 2033 plus Two (2) further Five (5) Year options to June 2043.
+ Mooroopna Hardware: longstanding hardware, timber and building retailer, trading 7 days a week, established 1983. (1)
+ Mooroopna Hardware is the only building supplier in the area with exceptional google reviews and depth in the community.
+ Landlord favourable ‘net lease’ terms with the tenant paying all usual outgoings as per the lease.
+ Annual CPI rent reviews with market reviews at each further option renewal.
+ Substantial 3,767 sqm* CBD freehold site with on-site parking and dual lane drive-thru timber yard.
+ Dual 61 metres street frontage with easy vehicle access and thoroughfare.
+ Favorable Commercial 1 Zone (C1Z) providing significant underlying land value and future development upside potential.
+ Exceptionally presented 1,830 sqm* industrial/retail building with multiple roller door access points and solar panels.
+ Strategically positioned just off McLennan Street (Midland Highway), a key arterial route providing seamless connectivity across central Victoria.
+ Mooroopna: desirable residential town neighbouring Shepparton with VLine train station and major nationals including McDonalds, Woolworths, ALDI, BP, United and Subway.
+ City of Shepparton: a major regional city and the epicenter of the Goulburn Valley ‘Australia’s Fruit Bowl’ with a trade catchment circa 70,000, providing 38,937 local jobs with an annual Gross Regional Product of $4.99 billion (2)
+ Potential 50% Stamp Duty Savings.
+ Net Income: $127,371 pa* + GST
Property Code: 5314
Property History for 7 Mill St, Mooroopna, VIC 3629
- 16 Sep 2025Sold for $1,953,000
- 03 Sep 2025Listed for Sale Auction 16th September & 10.30am
- 06 Apr 2021Sold for $395,000
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0About Mooroopna 3629
The size of Mooroopna is approximately 37.7 square kilometres. It has 24 parks covering nearly 18.9% of total area. The population of Mooroopna in 2016 was 7942 people. By 2021 the population was 8312 showing a population growth of 4.7% in the area during that time. The predominant age group in Mooroopna is 60-69 years. Households in Mooroopna are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mooroopna work in a labourer occupation.In 2021, 65.00% of the homes in Mooroopna were owner-occupied compared with 63.30% in 2016.
Mooroopna has 4,409 properties. Over the last 5 years, Houses in Mooroopna have seen a 77.88% increase in median value, while Units have seen a 72.30% increase. As at 31 December 2025:
- The median value for Houses in Mooroopna is $470,519 while the median value for Units is $332,203.
- Houses have a median rent of $500 while Units have a median rent of $360.
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