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Off Market

5/507 Wyndham Street

Shepparton VIC 3630

2
2
1
81.6 m²
Townhouse
Stuart McNamaraStuart McNamara, last sold this property on 29 September 2020 after 189 days on market.

Overview

Serviced Apartment Opposite Lake with 15% gross return.

Located directly opposite Victoria Park Lake and only a few minutes walk from Sheppartons CBD, this well maintained 11 year old, two bedroom double storey apartment current used as serviced apartments offers brilliant Central Shepparton living for the owner occupier or a great investment with figures over the past two years showing a 15% gross return of around $44k p.a and a 62% occupancy rate. Features of the property include an open plan living area, ensuites and built in robes to both first floor bedrooms, (bedroom one also has a balcony with views of Victoria Park Lake) and a well laid out kitchen with gas / electric cooking and dishwasher. Theres also a European laundry, three split system air conditioners, third toilet downstairs, free wifi and the updated apartment comes fully furnished ready to move straight into or for the astute investor, ready to start generating income. Outside theres a small private and secure court yard at the front and a single car park immediately in front of the apartment is also included in the sale. This apartment also has an interconnecting door way to the adjoining apartment number 4 meaning it can be rented either separately or as part of a duel tenancy which gives it the opportunity of a higher rate or occupancy and higher return than the other stand alone units in the complex. On a casual basis this apartment rents for $235 a night and it can be managed either privately or by the property managers. This is a great opportunity to secure a highly profitable property so ring today to avoid disappointment.

Features

2 bedrooms
2 bathrooms
1 carspace
81.6 m² floor area
Townhouse

Estimated Value

Based on this property and similar 2 bedroom townhouses sold in Shepparton over the last 12 months, the estimated median property value of 5/507 Wyndham Street is $504.5k.

Median value
$504.5k
Estimated value range
$385k - $530k
Median days on market
61
Estimated value trend
28%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Shepparton. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 5/507 Wyndham Street

2020
Sold
Undisclosed
Private Sale/Treaty on 29 Sep 2020 by Stuart McNamara, of Ken McNamara Real Estate

Happy sellers in Shepparton

94%
94% of sellers in Shepparton reported that their sale price either exceeded or met their price expectations.

Shepparton stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 35 reviews in Shepparton over the last 12 months.

Local market activity for 2 bedroom townhouses in Shepparton

In the last 12 months, 12 two-bedroom townhouses similar to 5/507 Wyndham Street, have been sold.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Shepparton

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Vincent Tassoni

Vincent Tassoni is an award winning recommended agent for Shepparton.  They have 31 local sales and collected 28 local reviews across the last 12 months.

  •   5   (45 reviews)
  •  28 Reviews in Shepparton
  •  31 Sales in Shepparton
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Helen Tracy

Sellers who recommend Helen Tracy have praised them for being clear communication, local expert, supportive, well-prepared, reliable, friendly and patient

  •   5   (98 reviews)
  •  8 Reviews in Shepparton
  •  9 Sales in Shepparton
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Terri Burtina

Terri Burtina is a recommended agent for Shepparton.  They have 26 local sales and collected 3 local reviews across the last 12 months.

  •   4.9   (26 reviews)
  •  3 Reviews in Shepparton
  •  26 Sales in Shepparton
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Connie Young

Sellers who recommend Connie Young have praised them for being local expert, clear communication, honest, reliable, responsive, supportive and friendly

  •   5   (321 reviews)
  •  3 Reviews in Shepparton
  •  8 Sales in Shepparton
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