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13-15 Fitzroy Street,
Kerang 3579, Victoria

12 car spaces
867m² land size
634m² building size
Retail

$2,200,000

Property details

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

Kerang Reject Shop - Brand-new 6-year lease to ASX-listed tenant with $700k fit-out. Fully refurbished freehold site in prime retail strip. 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
• 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:
Regional VIC Commercial Property
Kerang Retail Investment
Passive Commercial Investment
ASX-Leased Property
Single Tenant Freehold Investment
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Discount Retail Asset VIC
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Set and Forget Investment
Commercial Auction Victoria
Freehold Retail Shop VIC
Commercial Property with New Lease
Long-Term Lease Retail Asset
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

All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

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Explore the area

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School catchments

  • Kerang Primary School Primary Prep-6 Government 0.32km
  • Kerang Christian College Combined Prep-12 Independent 0.66km
  • St Joseph's School Primary Prep-6 Catholic 0.97km
  • Kerang South Primary School Primary Prep-6 Government 1.1km
  • Lake Charm Primary School Primary Government 17.8km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

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