5-7 Glenn Street Shepparton VIC 3630

Factory, Warehouse & Industrial
3,335 m²
Sold

Challenger National HQ Since 1984

+ Brand new 5-year lease to June 2026 plus options to 2036.
+ Challenger Valves & Actuators: in operation since 1984 with 5 locations across Australia.
+ Investor preferred net lease terms with tenant paying all usual outgoings as per lease.
+ Fixed 2.5% annual rent reviews.
+ 3,335sqm* head office incorporates office, warehouse and hardstand. Recent $150k tenant funded upgrade.
+ Significant 5,657sqm* site across 4 titles with important 22 on-title car spaces.
+ Situated in key industrial precinct nearby Izuzu, SPC, StarTrack & Shepparton Saleyards.
+ Shepparton: major regional city with a 100,000+ trade catchment.
+ Net Income: $206,270 pa + GST

For Sale by Investment Portfolio Auction
10:30AM (AEDT) Wednesday 15 December 2021
River Room, Crown Casino, Melbourne

AUCTION

Auction date and time	15/12/2021 10:30
Auction location	5-7 Glenn Street, Shepparton VIC

Property Highlights

Date Sold	3 Dec 2021
Floor Area	3,335 m²
Land Area	5,657 m²
Parking	Ask Agent
Property ID	2017421417
Category	Factory, Warehouse & Industrial Development / Land Showrooms / Bulky Goods
Last updated	20 Jan 2022

Map for 5-7 Glenn Street Shepparton VIC 3630

Property Highlights

Date Sold	3 Dec 2021
Floor Area	3,335 m²
Land Area	5,657 m²
Parking	Ask Agent
Property ID	2017421417
Category	Factory, Warehouse & Industrial Development / Land Showrooms / Bulky Goods
Last updated	20 Jan 2022