124-126 Fryers StreetShepparton VIC 3630
Property Details for 124-126 Fryers St, Shepparton
Last Listing description (August 2022)
+100% leased to Fast Food & Government tenants
+Long 10 year lease to Schnitz to 2028 plus options to 2042
+Schnitz: fast-food retailer with over 71 stores nationwide*
+Beyond Housing: government funded agency providing affordable housing and homelessness services
+Investor preferred net lease terms with tenants paying all usual outgoings
+Fixed 3% annual rental increases assuring growth
+Immaculate 786sqm*** building with recent $1m+ tenant funded upgrades offering significant depreciation benefits
+Prime 848sqm*** site with dual street frontage
+Strategically positioned amongst Village Cinemas, Target, GOTAFE & OZ Tenpin Bowling
+Potential 50% stamp duty savings
+Shepparton: major regional city with 100,000+ trade catchment
+Net Income: $159,905pa + GST (as at November 2022)
For Sale by Investment Portfolio Auction
10:30am (AEST) Wednesday 3 August 2022
Crown Casino - River Room
*GapMaps
**Beyondhousing
***Approx
Property History for 124-126 Fryers St, Shepparton, VIC 3630
- 04 Aug 2022Sold for $3,150,000
- 01 Jul 2022Listed for Sale Price on Request
- 08 Mar 2018Listed for Rent - Price not available
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0About Shepparton 3630
The size of Shepparton is approximately 42.9 square kilometres. It has 101 parks covering nearly 25.5% of total area. The population of Shepparton in 2016 was 31197 people. By 2021 the population was 32067 showing a population growth of 2.8% in the area during that time. The predominant age group in Shepparton is 30-39 years. Households in Shepparton are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Shepparton work in a professional occupation.In 2021, 58.20% of the homes in Shepparton were owner-occupied compared with 58.60% in 2016.
Shepparton has 18,527 properties. Over the last 5 years, Houses in Shepparton have seen a 65.90% increase in median value, while Units have seen a 69.58% increase. As at 31 December 2025:
- The median value for Houses in Shepparton is $534,096 while the median value for Units is $376,793.
- Houses have a median rent of $490 while Units have a median rent of $428.
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