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Overview
This tidy two bedroom unit is situated prominently fronting one of Shepparton's main roads, near the intersection of Knight and Wyndham Street. It offers an excellent investment opportunity and is currently leased to a residential tenant. The property benefits from the Activity Centre Zone 1 (ACZ1), which provides flexible use for tenancy purposes and takes advantage of exposure on Wyndham Street.
Both bedrooms come with built-in robes, adding convenient storage solutions. The living area is generously sized with an open-plan layout, creating a comfortable and practical space for everyday living. The kitchen is well-equipped with modern appliances including an under bench oven and electric cooktop, making meal preparation effortless.
The bathroom is fitted with a large shower offering functionality and ease. Additionally, there is a separate laundry for added convenience. Parking is provided by a carport, and there is a small service yard which can be utilized for various needs.
The current rental income is $340 per week, enhancing the property's appeal as a solid income-generating investment. Its zoning and location provide prospective tenants and investors valuable flexibility and exposure, making it a noteworthy addition to any portfolio.
The property’s location in Shepparton ensures easy access to local amenities and main transportation routes, further increasing its desirability. This unit represents a practical and flexible investment with potential for continued growth.
Local Market Insights
In Shepparton, Quiet Listings observed 7 new units entering the market over the last 30 days, with an average advertised asking price of $423,571. The property type mix of listed properties is predominantly Houses at 59%, followed by commercial properties (20%), and land (10%). Gagliardi Scott Real Estate was the most active agency monitored, representing 35.6% of all new listings monitored during 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.
Location
Shepparton VIC 3630
Market Insights for Shepparton VIC 3630
Other properties in this postcode
* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.
