Strategic 1,164sqm* CBD Freehold Site Opposite Coles Supermarket | Leased to Subsidiary of ASX-Listed Insurance Giant
10 + 5 + 5 year lease to Jan 2040
Steadfast Group: $6.58B ASX Giant
1,164sqm CBD Corner Freehold

Burgess Rawson from CBRE together with Charles L King & Co are pleased to offer to the market Steadfast Group, Echuca VIC for sale via our Investment Portfolio Auction 178.

This opportunity has the following key investment highlights:

+ Ten (10) year lease to Steadfast Group (Insurance House) to Jan 2030.
+ Steadfast Group acquired Insurance Brands Australia (IBA) the parent company of Insurance House in 2022.
+ Steadfast Group: ASX Listed insurance giant - market cap $6.58B, Australasia's largest general insurance broker network and underwriting agency group, with 457 brokerages and 24 agencies across Australia, New Zealand, Asia & Europe.1
+ Two (2) further Five (5) year options to Jan 2040.
+ Landlord favourable annual CPI reviews.
+ Investor preferred net lease terms with the tenant responsible for all usual outgoings.
+ Immaculate versatile 450sqm* office / medical type facility
+ Building extensively modernised with major 'award winning' extension circa 2004 and underwent internal refurbishment 2018
+ High profile 1,164sqm* main road freehold site with valuable 68m* dual-street frontage
+ 17,600+ passing vehicles daily. (2)
+ Important 8 on-site car spaces.
+ Strategic CBD landholding located opposite Coles and metres from Woolworths, Big W, ALDI, K-Hub & Dan Murphy's.
+ Echuca: popular Murray River tourist location with a trade catchment of circa 60,000* people plus year-round holiday influx.
+ Campaspe Shire Council: home to 38,153 people, Campaspe supports 17,164 jobs and has an annual economic output of $6.87B. (3)
+ Substantial taxation saving depreciation.
+ Potential 50% stamp duty saving.
+ Net Income: $134,411pa* + GST.

To be sold by Investment Portfolio Auction
10:30am AEST Wednesday 6 August 2025
Garden Room - Crown Casino, Melbourne

Please contact the exclusively appointed sales team for more information.

Gary Wood 0408505733

Auction at the Crown Casino Wednesday 6 th August @11:00 AM
Conjunctional Auctioneers Burgess Rawson