This is a rare opportunity to purchase a landmark corner site of the Shepparton CBD; a property with a most appealing corner position, benefiting from the progressive development and streetscaping of Fryers St retail and hospitality precinct plus the recent redesign and upgrade to the Maude St Mall.
The property is divided into three tenancies, fully let, the anchor tenant being a premium, locally owned, long standing fashion retailer.
Features:
Selling by auction at the Shepparton Lawn Tennis Club, 11am Friday 29 November, contact the agent for further details or to arrange an inspection.
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 2011 was 29,553 people. By 2016 the population was 31,204 showing a population growth of 5.6% in the area during that time. The predominant age group in Shepparton is 0-9 years. Households in Shepparton are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Shepparton work in a professional occupation. In 2011, 59.9% of the homes in Shepparton were owner-occupied compared with 58.6% in 2016.
Shepparton has 18,142 properties. Over the last 5 years, Houses in Shepparton have seen a 61.20% increase in median value, while Units have seen a 60.31% increase. As at 30 November 2024:
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