ONLINE AUCTION ON THURSDAY 19TH OF AUGUST AT 12PM
Fitzroys is delighted to offer for sale this prominent corner freehold investment located at the intersection of Wyndham and Fryers Streets, Shepparton.
Shepparton is the regional capital of the Goulburn Valley which encompasses a substantial population catchment of 150,000 approx.
The key attributes of this exceptional opportunity include:
- Significant Blue Chip corner site of 617sqm* with extensive frontages including 38 metres to Fryers Street.
-Ultra modern retail and business bank premises recently refurbished to the expense of $1,500,000 approx.
- Fully leased to the ASX Listed ANZ Banking Group Limited from 2018 for 5 years plus options through to July 2033.
- ANZ Banking Group Limited - one of Australia's largest banks with a market capitalisation of $100 billion (July 2021).
- Rent: $115,927 per annum plus all outgoings including Land Tax (SHB) and GST.
- Annual rent reviews with Ratchet Clause applicable at Market Rent Review.
- Highly flexible and progressive Activity Centre Zoning Precinct 1 under the City of Greater Shepparton Planning Scheme.
- Superb prime position and only a short work to the popular Maude Street Mall.
- Close to major retailers and operators including Bendigo Bank, Kathmandu, Village Cinemas, Target, Government Department Offices, Coles, Kmart, Sportsgirl, Rebel Sport, Priceline, Australia Post and more.
261-267 Wyndham Street Corner of Fryers Street presents an outstanding opportunity to acquire a prominent and highly popular corner freehold leased to a long standing ASX listed Tenant offered for the first time in 20 years and only 2 hours from Melbourne.
*approx.
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 18,524 properties. Over the last 5 years, Houses in Shepparton have seen a 65.52% increase in median value, while Units have seen a 62.92% increase. As at 30 November 2025:
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