Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.
Overview
Located in the central business district of Shepparton, this property offers a unique opportunity on a generous 772 square meter block situated in one of the town's most prestigious streets.
This property presents outstanding potential for rebuilding or development, subject to council approval. It is an excellent prospect for developers or keen investors aiming to add value and maximize returns.
A key feature is the heritage overlay at the front of the property, which mandates the retention of the original façade. This preserves the character and street appeal of the home while providing flexibility for enhancement or redevelopment of the rear portion.
There is a significant opportunity to keep the distinctive front façade while exploiting the sizable land area by building at the rear. The property also holds subdivision potential, subject to council approval, and allows for the construction of a second dwelling or unit, making it a versatile and attractive development option.
Importantly, the property is sold with an endorsed planning permit and approved development plans for a two-unit project. This enables prospective buyers to expedite the development process with confidence and reduced risk.
Situated near quality schools, the GV Health medical precinct, local shopping centers, and everyday amenities, this property provides a convenient and well-connected lifestyle for future residents.
This is a rare opportunity to acquire a property featuring character and genuine development potential. It represents an ideal canvas for investors or developers to bring their vision to life and capitalize on the possibilities available in this sought-after location.
Local Market Insights
In Shepparton, Quiet Listings observed 26 new houses entering the market over the last 30 days, up from 18 during the previous 30-day period, with an average advertised asking price of $673,673. The property type mix of listed properties is predominantly Houses at 62%, followed by units (17%), and commercial properties (11%). Gagliardi Scott Real Estate was the most active agency in this area, representing 30.8% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Change History
| Headline | When |
|---|---|
| Price: Contact Agent | |
| Contact Agent |
Location
Shepparton VIC 3630
Market Insights for Shepparton VIC 3630
Other properties in this postcode
