Fitzroys is delighted to offer for sale this high exposure freehold investment located on the prominent CBD corner of Wyndham and Fryers Streets Shepparton. Shepparton is the regional capital of the Goulburn Valley and encompasses a substantial population catchment of 150,000* residents.
The regional city is underpinned by numerous government funded departments in addition to the established local community and immediate agricultural sector.
This corner freehold investment provides investors with the rare chance to acquire a high corner exposure site leased to a long-standing venue with the benefit of a new 5 + 5 + 5 year lease.
The key attributes of this opportunity include:
- Exceptional corner site of 396*sqm with combined street frontages of 40 plus metres.
- Long established and successful venue currently trading as Skky Bar.
- Multiple entertainment levels including outside deck and balcony area with unique 4.30am liquor license.
- Strong lease profile with 6 month guarantors and security deposit
- New 5 + 5 + 5 year lease from June 2022.
- Rent: $118,874* per annum plus outgoings and GST
- Annual CPI increases with the Tenant paying all the usual outgoings.
- Highly flexible and progressive Activity Centre Zoning under the City of Greater Shepparton Planning Scheme.
- Strategic CBD location close to the revitalized Maude Street Mall ( cost $17 million which is due for completion in late 2022).
- 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
269 275 Wyndham Street, Shepparton presents an outstanding opportunity to acquire a highly sought-after corner freehold investment located on one of Shepparton's most prominent intersections.
*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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