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101 Wangandary Road, Wangaratta VIC 3677

Expressions Of Interest

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$2M - $2.5M Medium Confidence Calculated based on our search observations.

House 4 Beds 2 Baths 2 Cars 5 acres

Listed: 14 days ago

Overview

This substantial property on Wangandary Road in Wangaratta offers a unique dual appeal: an established, comfortable residence coupled with significant future development potential, appealing particularly to investors, developers, and strategic land holders.

Set on approximately 5 acres of General Residential zoned land, the site benefits from fundamental infrastructure including sealed road frontage and access to town water, facilitating various development pathways subject to council approval. The sizeable landholding provides flexibility for subdivision or redevelopment projects, with the scale becoming increasingly rare in the market.

The existing solid brick home offers four bedrooms and two bathrooms, providing immediate accommodation and holding value. Complementing the house are quality shedding and a double garage, enhancing functionality and storage capacity.

For those considering the property's long-term prospects, the combination of land size, zoning, established infrastructure, and access positions it as a compelling opportunity to secure a significant residential development site before wider market recognition of its potential. This property uniquely blends current lifestyle benefits with promising strategic investment possibilities.

Approximately 5 acres of General Residential zoned land
Sealed road frontage with town water connection
Solid brick residence with four bedrooms and two bathrooms
Quality shedding and double garage
Ideal for development, investment, or strategic land banking

Offered by Expressions of Interest, this landholding represents a rare chance in a tightly held and increasingly sought-after segment of the market.

Local Market Insights

In Wangaratta, Quiet Listings observed 21 new houses entering the market over the last 30 days, down from 59 during the previous 30-day period, with an average advertised asking price of $803,476. The property type mix of listed properties is predominantly Houses at 54%, followed by land (38%), and units (8%). The most active agency for houses in the Wangaratta area is currently Tait Real Estate, representing 33% of new listings, followed by Garry Nash & Co with 19%. 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.