505-507 High Street, Echuca, VIC 3564 | Property Value & History | OnTheHouse
OFF MARKET

505-507 High Street
Echuca VIC 3564

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 427m2
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Property Details for 505-507 High St, Echuca

Building Type
Commercial
Land Size
427m2
Local Government
Campaspe
Lot/Plan
1/PS648498

Last Listing description (October 2021)

Opportunity knocks in a massive way! Have you always wanted to run your own successful business ? Then this may just be the moment and chance you have been waiting for! Echuca/Moama is famous far and wide for its sensational location on the mighty Murray river and the incredible strength of its tourism industry, in particular its restaurants. 'Sunago' in Echuca is comfortably one of the most popular and well renowned restaurants the twin towns has on offer. A modern, open floor plan layout caters to larger family groups and functions yet also provides smaller more intimate areas for couples wanting a nice time out. A delicious, traditional and uncomplicated menu makes it that much easier to maintain a consistent high standard of presentation and taste. There has been no compromise on the quality of the plant and equipment throughout the building as well, from the very well equipped kitchen and prep area to the central bar area serving a wide variety of drinks and coffee options. The golden words of real estate are 'location, location, location' and Sunago enjoys a very high profile street frontage on arguably the busiest road in Echuca with ample street parking and strong foot traffic. More importantly the business is going incredibly strong, profiting well with consistent annual growth. A quick summary indicates weekly takings of $30,000+ per week and fantastic rent terms with a 7 year lease in place currently. Further information can be obtained by directly contacting the agent and arranging an appointment. An opportunity such as this will not present itself every day, don't miss your chance to walk into a thriving local business and make it your own!

Property History for 505-507 High St, Echuca, VIC 3564

A timeline of how this property has performed in the market
  • 05 Feb 2021
    Listed for Sale $485,000
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About Echuca 3564

The size of Echuca is approximately 141.3 square kilometres. It has 39 parks covering nearly 3.4% of total area. The population of Echuca in 2016 was 14043 people. By 2021 the population was 15056 showing a population growth of 7.2% in the area during that time. The predominant age group in Echuca is 60-69 years. Households in Echuca are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Echuca work in a professional occupation.In 2021, 67.80% of the homes in Echuca were owner-occupied compared with 66.00% in 2016.

Echuca has 9,746 properties. Over the last 5 years, Houses in Echuca have seen a 37.93% increase in median value, while Units have seen a 49.98% increase. As at 28 February 2026:

  • The median value for Houses in Echuca is $609,748 while the median value for Units is $457,187.
  • Houses have a median rent of $650 while Units have a median rent of $1,520.
There are currently 183 properties listed for sale, and 21 properties listed for rent in Echuca on OnTheHouse. According to Cotality's data, 426 properties were sold in the past 12 months in Echuca.

Suburb Insights for Echuca 3564

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.