13-15 Fitzroy Street, Kerang, Vic 3579

parkingSpaces 12
|Retail
|Showrooms/Bulky Goods
For Sale via Public Auction
For Sale via Public Auction
Published on: 23 Jun 2025
Last updated on: 11 Jul 2025
13-15 Fitzroy Street, Kerang, Vic 3579
13-15 Fitzroy Street, Kerang, Vic 3579
13-15 Fitzroy Street, Kerang, Vic 3579
+8
13-15 Fitzroy Street, Kerang, Vic 3579
  • 8
  • 1
Property ID: 504891364
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Key property information

Land Size
867.00 m2
Parking Comments
Street and Adjacent parking lot access
Zoning
Commercial 1 Zone
Floor Area
634.00 m2
Parking Spaces
12
Tenure Type
tenanted

ASX-Leased Retail | $700k Fit-Out | 6-Year Term

13-15 Fitzroy Street, Kerang, Vic 3579
Kerang Reject Shop - Brand-new 6-year lease to ASX-listed tenant with $700k fit-out. Fully refurbished freehold site in prime retail strip. Net income ~$170,000 p.a., 3% annual increases. Auction 30 July. Offers prior invited.

Key Investment Features
________________________________________

• Brand-new 6-year lease to ASX-listed The Reject Shop
• Tenant-funded $700,000 internal fit-out
• Net income: ~$170,000 p.a. as at 30 June 2025
• Fixed 3% annual rental increases
• Extensive 2025 building refurb incl. roof, A/C, electrical
• Double-brick, façade
• Freehold, flood-free 867sqm site (incl. laneway)
• Prime main street exposure in Kerang's retail hub
• Commercial 1 zoning - flexible future use
• Surrounded by national & local retailers with ample parking


Description
________________________________________
An exceptional set-and-forget investment leased to The Reject Shop on a fresh 6-year term with a 5-year option.

This fully refurbished retail property features a new roof, plumbing, air-conditioning, electrical systems, flooring and more - while retaining its, double-brick exterior. The tenant has invested ~$700,000 into their fit-out, reflecting their long-term confidence in the location.

Positioned in the heart of Kerangs' retail strip, the property benefits from excellent exposure, on-street parking, and a strong regional catchment of over 10,000 people. TRS reports strong early trading performance since opening in March 2025.

With over $138,000 in depreciation deductions across the first 3 years and fixed 3% annual increases, this opportunity will suit yield-focused SMSF buyers, passive investors, and those seeking a nationally secured retail asset.

Offers prior to auction will be considered.

Please contact Stephen today for further information. 0413 550 474










Key Search Terms:
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Commercial Auction Victoria
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Commercial 1 Zoning
Low Maintenance Investment VIC
Fully Refurbished Commercial Property
Investment Property with Depreciation
Secure Retail Lease Investment
Reject Shop Property for Sale
National Tenant Commercial Property

Property Details

Basic Info

Property Type
RetailShowrooms/Bulky Goods
Listing Status
On Market
Parking Spaces
12
Land Size
867.00 m2
Address
13-15 Fitzroy Street, Kerang, Vic 3579

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Stephen Kidd
Elliot Kidd
43 Nariel Street, Albion, Qld 4010
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Ray White - Metro North

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Ryan Trickey
Will Jonas
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      Property ID: 504891364

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