Shop 9 / 310 High Street, SHEPPARTON VIC 3630
Commercial Investment Opportunity in Shepparton Shopping Plaza With 5.3% Yield
Located in the busy Shepparton Shopping Plaza, which features national retailers Woolworths and The Reject Shop, this property presents a rare chance for commercial investors to secure an investment property in a complex that rarely becomes available.
This investment property is home to an established Charcoal Chicken business, which has had a loyal customer following for over 30 years. Steady foot traffic is ensured with neighbouring local businesses such as a nail salon, newsagent, chemist, a hairdresser, and multiple takeaway food outlets.
The complex has recently undergone a major upgrade, making now the perfect time to secure this premium investment opportunity. The property benefits from carpark frontage and convenient centre access, providing excellent exposure and ease of access for customers. Customers of the business can take advantage of the free onsite car parking at the complex.
Lease Details:
• Current lease term: 3 years 3 months, ending April 2025, with 2 further options of 3-years available
• Current lease amount: $37,454.40 + GST + outgoings
• The tenant pays body corporate fees, which includes building insurance
As the only shop for sale in the complex, this is a rare opportunity to invest in a thriving location. Don’t miss out!