25-29 Watson Street, Shepparton, VIC 3630 sold on 25 February 2026 | OnTheHouse
SOLD
RECENT ADVICE
Sold on 25 Feb 2026 for $1,740,000

25-29 Watson Street
Shepparton VIC 3630

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 3896m2
Sold By
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Property Details for 25-29 Watson St, Shepparton

Building Type
Commercial
Land Size
3896m2
Local Government
Greater Shepparton
Lot/Plan
1/LP120087

Last Listing description (March 2026)

5 Year lease to Nov 2029 plus option
Significant 3,896sqm* freehold site
Tenant pays outgoings incl. land tax

CBRE and Kevin Hicks Real Estate are pleased to offer to market AMA Collision, 25-29 Watson Street, Shepparton VIC via National Portfolio Auction 182.

This property has the following key investment highlights:

+ Renewed Five (5) year lease to November 2029 plus option to 2034.
+ AMA Group: ASX listed collision repairer with 3,400 employees globally and repairing 240,000+ vehicles annually.
+ Woollards Auto Body Works: longstanding and proven collision repair business in operation 77+ years.
+ Tenant pays all outgoings including land tax and building insurance.
+ Annual CPI rent reviews.
+ Substantial 1,645sqm* freestanding building incl workshop, offices, 2 spray bays and car detailing bay.
+ Significant 3,896sqm* ACZ1 freehold landholding with 50 metre* frontage.
+ Low 42% site coverage providing future development upside STCA.
+ Strategic position in key industrial precinct amongst Reece, Boral and Bunnings Warehouse.
+ Potential 50% stamp duty saving.
+ Shepparton: major regional city with 70,000+ trade catchment.
+ Net Income: $74,668pa* + GST

For Sale via Investment Portfolio Auction 182
10:30am AEDT Wednesday 25 February 2026
Crown Casino, Melbourne VIC

*Approx

Property History for 25-29 Watson St, Shepparton, VIC 3630

A timeline of how this property has performed in the market
Last Sold
$1,740,000
25 Feb 2026
  • 25 Feb 2026
    Listed for Sale AUCTION Weds 25th February @ The Casino Room
  • 25 Feb 2026
    Sold for $1,740,000
  • 08 May 2002
    Sold for $325,000
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About 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 18,514 properties. Over the last 5 years, Houses in Shepparton have seen a 60.66% increase in median value, while Units have seen a 56.07% increase. As at 31 March 2026:

  • The median value for Houses in Shepparton is $551,917 while the median value for Units is $376,275.
  • Houses have a median rent of $500 while Units have a median rent of $420.
There are currently 29 properties listed for sale, and 30 properties listed for rent in Shepparton on OnTheHouse. According to Cotality's data, 967 properties were sold in the past 12 months in Shepparton.

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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.