CBRE and Gagliardi Scott Real Estate are pleased to offer to market 223 Maude Street (and ROW), Shepparton VIC for sale via Investment Portfolio Auction 189.

The property has the following key investment highlights:

+ Fully occupied freehold with two long-standing tenants.
+ Sussan: national retailer, part of Sussan Group inc Sportsgirl, on-site 22+ years.
+ U Can Dance: proven dance studio in business 25 years, and also occupy next door
+ Guaranteed growth via fixed 3% and CPI rent increases.
+ Tenants responsible for water rates and council rates.
+ Prime 440sqm* two level building with retail on ground floor and dance studio on first floor.
+ Separately titled providing ultimate flexibility for incoming purchaser.
+ High profile 245sqm* freehold site with important rear access via ROW.
+ Directly benefits from recent $17 million Maude Street redevelopment project. (1)
+ Genuine CBD site adjoining Target and nearby Coles, Kmart and Village Cinema.
+ Shepparton: major regional city with 70,000+ trade catchment.
+ Net Income: $74,698pa* + GST (2)

To be sold via Investment Portfolio Auction 189
10:30am AEDT Wednesday 9 December 2026
Crown Casino, Melbourne

*Approx
1. Shepparton News
2. as at 1 Dec 26 based upon forecast 3.5% CPI increase