Positioned within Swan Hill's established industrial precinct, 23 Shepherd Road presents a high quality, dual-tenanted warehouse investment offering immediate income with future flexibility.
Set on a generous allotment of approximately 1,753 square metres, the property comprises a total building area of approximately 468 square metres, configured into two well proportioned warehouse sections. Each tenancy is designed for functional industrial use, with each having their own separate amenities and access.
Constructed with durability and efficiency in mind, the property features modern improvements including three phase power, air conditioning throughout, and generous roller door access with approximately 4.6 metre clearance, allowing for a wide range of industrial and trade based uses. The front section of the shed has undergone recent updates to include a separate reception and office area, complete with a kitchenette, as well as their own private amenities.
The spacious internal layout supports smooth workflow, storage capability and adaptability to suit evolving business requirements which includes excellent access, ample on site parking and convenient connectivity to surrounding arterial roads, reinforcing its appeal to both tenants and owner occupiers alike. Located within Swan Hill's thriving industrial area, the position offers long term demand and practicality for a range of commercial operations.
Fully leased, the property delivers an immediate return with further options to renew, making it an attractive proposition for investors seeking a secure industrial asset, while also retaining future owner occupier potential should requirements change.
The size of Swan Hill is approximately 126.6 square kilometres. There are 37 parks, covering nearly 1.8% of the total area. The population of Swan Hill in 2016 was 10905 people. By 2021 the population was 11186 showing a population growth of 2.6% in the area during that time. The predominant age group in Swan Hill is 20-29 years. Households in Swan Hill are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Swan Hill work in a professional occupation.In 2021, 65.00% of the homes in Swan Hill were owner-occupied compared with 62.40% in 2016.
Swan Hill has 6,800 properties. Over the last 5 years, Houses in Swan Hill have seen a 41.78% increase in median value, while Units have seen a 54.99% increase. As at 31 May 2026:
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