Rare CBD Investment Opportunity – Flexible Income, Future Growth & Owner Occupier Potential
An exceptional opportunity to secure a high-profile commercial property in the heart of Shepparton's CBD, offering immediate rental income, flexible occupancy options and outstanding future upside.
Property Highlights
• Rare CBD investment with de-escalated lease risk
• Two separate commercial tenancies
• Occupy both levels, lease one and occupy the other, or retain as a dual-income investment
• Prime High Street frontage with outstanding exposure
• Located within the Commonwealth Bank, Courthouse and Wyndham Street precinct
• 4 on-site car parks
• Approx. 10,000–15,000 vehicles passing daily
• Eligible for the 50% Commercial & Industrial Property Stamp Duty Concession (subject to eligibility)
Property Details
• Zoning: Commercial 1 Zone (C1Z)
• Land Area: 237 m² (Approx)
• Building Area: Ground Floor 121 m² (Approx.) & First Floor 132 m² (Approx.)
Current Lease Profile
43 High Street – Ground Floor (Uncut Diamond)
• Annual Rent: $30,230.40
• Lease expires April 2027
• Established tenant occupying the premises for approximately 9 years
43A High Street – Upstairs (Workout By Appointment)
• Annual Rent: $14,758.80
• Long-standing tenant of approximately 15+ years
• Currently occupying on a month-to-month tenancy, providing excellent flexibility
Future Rental Upside
The property's lease profile provides an outstanding opportunity to enhance future returns:
• Secure holding income from the ground floor tenancy with the opportunity to review to market rental upon lease expiry in April 2027.
• Upstairs tenancy provides immediate flexibility to negotiate a new lease at market rent or occupy the premises.
• Significant potential to increase overall rental income through future market rent reviews.
• Ideal for investors seeking rental growth or owner-occupiers wanting to progressively occupy the entire building.
This is a tightly held CBD asset offering immediate income, exceptional flexibility and genuine long-term growth potential in one of Shepparton's most prominent commercial precincts.
Another Commercial asset managed by Shepparton's premier Commercial & Industrial property specialist.
With 28 years of experience, Rocky at Gagliardi Scott is synonymous with trust, discretion, and market leadership across the Goulburn Valley.
Strategic advice. Exceptional results. Unrivalled local knowledge.
Property Highlights
• Rare CBD investment with de-escalated lease risk
• Two separate commercial tenancies
• Occupy both levels, lease one and occupy the other, or retain as a dual-income investment
• Prime High Street frontage with outstanding exposure
• Located within the Commonwealth Bank, Courthouse and Wyndham Street precinct
• 4 on-site car parks
• Approx. 10,000–15,000 vehicles passing daily
• Eligible for the 50% Commercial & Industrial Property Stamp Duty Concession (subject to eligibility)
Property Details
• Zoning: Commercial 1 Zone (C1Z)
• Land Area: 237 m² (Approx)
• Building Area: Ground Floor 121 m² (Approx.) & First Floor 132 m² (Approx.)
Current Lease Profile
43 High Street – Ground Floor (Uncut Diamond)
• Annual Rent: $30,230.40
• Lease expires April 2027
• Established tenant occupying the premises for approximately 9 years
43A High Street – Upstairs (Workout By Appointment)
• Annual Rent: $14,758.80
• Long-standing tenant of approximately 15+ years
• Currently occupying on a month-to-month tenancy, providing excellent flexibility
Future Rental Upside
The property's lease profile provides an outstanding opportunity to enhance future returns:
• Secure holding income from the ground floor tenancy with the opportunity to review to market rental upon lease expiry in April 2027.
• Upstairs tenancy provides immediate flexibility to negotiate a new lease at market rent or occupy the premises.
• Significant potential to increase overall rental income through future market rent reviews.
• Ideal for investors seeking rental growth or owner-occupiers wanting to progressively occupy the entire building.
This is a tightly held CBD asset offering immediate income, exceptional flexibility and genuine long-term growth potential in one of Shepparton's most prominent commercial precincts.
Another Commercial asset managed by Shepparton's premier Commercial & Industrial property specialist.
With 28 years of experience, Rocky at Gagliardi Scott is synonymous with trust, discretion, and market leadership across the Goulburn Valley.
Strategic advice. Exceptional results. Unrivalled local knowledge.
Contact Agent
Agent Details