OFF MARKET

2 Wanganui Road
Shepparton North VIC 3631

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 7879m2
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Property Details for 2 Wanganui Rd, Shepparton North

Building Type
Commercial
Land Size
7879m2
Local Government
Greater Shepparton
Lot/Plan
2/LP138074

Last Listing description (May 2022)

+Renewed Five (5) year lease to March 2025 plus option to 2030.
+VetPartners: renowned veterinary group with 240 locations across Australia & New Zealand.
+Long established and successful clinic, in operation for over 55 years.

+Investor preferred net lease terms with tenant paying all usual outgoings as per lease agreement.
+Annual rent reviews.
+Highly sought after 'essential service' medical investment.
+Immaculate 914sqm clinic including pharmacy, surgery, and pathology rooms plus stables.
+Commanding 7,881sqm* corner site with huge 163 metre dual frontage.
+Prime exposure to Goulburn Valley Highway, with 17,600 vehicles passing daily.**
+Potential 50% stamp duty savings.***
+Shepparton: major regional city with a 100,000+ trade catchment.
+Net Income: $142,057pa + GST.

For Sale by Investment Portfolio Auction
10:30am (AEDT) Wednesday 11 May 2022
Crown Casino - River Room

*Approx
**GapMaps
***Potential

Property History for 2 Wanganui Rd, Shepparton North, VIC 3631

A timeline of how this property has performed in the market
Last Sold
$2,607,000
11 May 2022
  • 11 May 2022
    Sold for $2,607,000
  • 12 Apr 2022
    Listed for Sale Price on Request
  • 19 Feb 2014
    Sold for $1,325,000
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About Shepparton North 3631

The size of Shepparton North is approximately 22.8 square kilometres. It has 4 parks covering nearly 10.3% of total area. The population of Shepparton North in 2011 was 522 people. By 2016 the population was 1,025 showing a population growth of 96.4% in the area during that time. The predominant age group in Shepparton North is 0-9 years. Households in Shepparton North are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Shepparton North work in a professional occupation. In 2011, 74.6% of the homes in Shepparton North were owner-occupied compared with 65.5% in 2016.

Shepparton North has 962 properties. Over the last 5 years, Houses in Shepparton North have seen a 48.72% increase in median value. As at 30 November 2024:

  • The median value for Houses in Shepparton North is $669,687 while the median value for Units is $518,016.
  • Houses have a median rent of $545.
There are currently 8 properties listed for sale, and no properties listed for rent in Shepparton north on OnTheHouse. According to CoreLogic's data, 37 properties were sold in the past 12 months in Shepparton north.

Suburb Insights for Shepparton North 3631

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.