Huge 8,094sqm* Freehold Landholding in Heart of Shepparton's Premier Industrial Precinct

Description

Burgess Rawson from CBRE, in conjunction with Gagliardi Scott Real Estate, are pleased to offer to the market 74-76 Drummond Road, Shepparton VIC to be sold via National Portfolio Auction 180.

This property has the following key investment highlights:

+ Renewed net lease to November 2031 plus option to 2036.
+ AIRR: national wholesale agribusiness with 9 warehouses across Australia, wholly owned by ASX listed Elders.
+ Elders: ASX listed Australian agribusiness in operation since 1839 with current market cap of $1.7 Billion. (1)
+ Tenant pays all usual outgoings including building insurance.
+ Annual CPI rent reviews.
+ Impressive 3,803sqm* building and AIRR’s VIC corporate HQ incorporating office, showroom and warehouse plus canopy.
+ Expansive hardstand throughout balance of the site.
+ Huge 8,094sqm* IN1Z freehold landholding with 62 metre* frontage to Drummond Road.
+ Strategic position in absolute heart of Shepparton’s premier industrial and manufacturing precinct.
+ Potential 50% stamp duty saving.
+ Shepparton: major regional city with 70,000+ trade catchment.
+ Net Income: $427,680pa* + GST (2)

For Sale via Investment Portfolio Auction 180
10:30am AEDT Wednesday 22 October 2025
The Garden Room, Crown Casino, Melbourne

*Approx
1. Elders
2. as at Dec 2025 based upon assumed 2% CPI increase

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Contact agents
Beau Coulter Partner
0413 839 898
Matthew Wright Partner
0458 290 588
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Shepparton, VIC

74-76 Drummond Road

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 180

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