Bulky Goods / Retail
280-290 Benalla Road Shepparton, VIC, Australia
Description
Freestanding homemaker centre anchored by a 3,300 sqm Fantastic Furniture and 11 smaller tenancies with a total GLA of 15,500 sqm.
WOW Sight & Sound, a national electrical anchor, were sold a stand alone building sharing the car park.
Location
Shepparton Home Central is located in the heart of the catchments retail precinct.
The likes of Bunnings, The Good Guys and Spotlight are located in the immediate vicinity along with Safeway & Big W.
Key Information
- Ownership VPT - 100%
- Acquisition 29/12/2006
- Book Value ($,000) 18,500
- Valuation Cap Rate 9.5%
-
Net Lettable Area
Other: 15,500
- Car Spaces 400
- Occupancy 65%
- No. Of Tenants 5
- WALE as at 30/6/2009 3.2 years
- Age of Building 2007