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290 Benalla Road
Shepparton VIC 3630
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Sold on 31 May 2025

290 Benalla Road Shepparton VIC 3630

  • Shop & Retail
  • 13,661 m²
  • Sold

Dominant large format retail centre located in Shepparton

  • 100% leased, 13,661sqm* retail centre
  • Strong tenancy mix of national retailers
  • Major 30,390sqm* corner landholding

JLL Retail Investments has the exclusive privilege of offering for sale the 100% freehold interest in Shepparton Home; a dominant retail centre anchored by some of Australia's leading national large format retailers including Fantastic Furniture, Nick Scali, Provincial Home Living and Focus on Furniture creating a destinational homemaker centre for the Greater Shepparton region. 

The property is strategically located in the heart of Shepparton's LFR precinct, directly adjacent to the region's largest major growth corridor with thousands of new dwellings planned.

Key details of the opportunity include:
+ Exceptional tenant mix, 100% leased to strong national LFR retailers
+ Ultra-high exposure site with over 174m of frontage to Benalla Road (Midland Highway)
+ Prominent 30,390sqm corner site with over 30,600 vehicles passing daily
+ 4.6-year WALE, providing strong income security, with 73% of gross income leased until 2029 and beyond
+ Guaranteed annual income growth with 100% of tenants under either fixed % or CPI rental growth structures
+ 50% stamp duty savings potential under Victoria's Regional Stamp duty concession scheme
+ Favourable Activity Centre Zoning (ACZ1)
+ Highly convenient design with direct access to 417 at-grade car spaces

*Approx.

To obtain further information or to arrange an inspection, please contact the exclusive selling agents.

Stuart Taylor | 0428 000 000
Tom Noonan | 0402 319 698

JLL - Melbourne
JLL - Melbourne
Level 33/101 Collins St
Melbourne, VIC 3000

Property Highlights

Date Sold31 May 2025
Floor Area13,661 m²
Land Area3.04 ha
ParkingOn site parking available
Property ID2019825390
Category
Last updated  21 Jul 2025
Map for 290 Benalla Road Shepparton VIC 3630

Nearest transport* to 290 Benalla Road Shepparton VIC 3630

Bus
Train
Shepparton Marketplace/Florence St (Shepparton)752 m
Fordyce St/Benalla Rd (Shepparton)1.1 km
Mitchell St/Benalla Rd (Shepparton)1.1 km
Ducat Reserve/Paterson Rd (Shepparton)1.3 km
This data is © 2024 Department of Transport and Planning (VIC), licenced under CC BY 4.0.
*Within a 4km radius
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JLL - Melbourne
JLL - Melbourne
Level 33/101 Collins St
Melbourne, VIC 3000

Property Highlights

Date Sold31 May 2025
Floor Area13,661 m²
Land Area3.04 ha
ParkingOn site parking available
Property ID2019825390
Category
Last updated  21 Jul 2025

Co-Agents

More about 290 Benalla Road Shepparton VIC 3630

290 Benalla Road Shepparton VIC 3630 is categorized as Shop & Retail Property. It has a floor area of 13,661 m² and a land area of 3.04 ha. The listing ID for this property is 2019825390.

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