88-92 Waverley Ave, Merrigum is a 6 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 4047m2. While the property is not currently for sale or for rent, it was last transferred in April 2014.
Step into the past with this rare chance to secure the heritage-listed Coffee Palace - a grand, historically significant property that has remained in the same family for over 47 years. Rich in character and steeped in local history, this iconic estate is set on a generous 1-acre allotment across three titles, just 10 minutes from Kyabram and 25 minutes from Shepparton.The expansive six-bedroom residence showcases timeless charm with magnificent period details, including an intricately carved staircase. While the home is in need of restoration, it offers incredible potential for those passionate about heritage architecture and historical preservation.Adding versatility and value, the property also features a commercial shopfront - perfect for a home-based business, boutique enterprise, or inspired redevelopment project.For developers and investors, there's outstanding subdivision potential (STCA), with the possibility to split the land into up to four separate blocks, opening the door to future growth and investment opportunities.Whether you envision restoring a landmark residence, launching a unique business, or capitalizing on development prospects, this is a once-in-a-lifetime opportunity to own a true Merrigum icon.Don't miss out - inquire today and be part of preserving this extraordinary piece of local heritage.
The size of Merrigum is approximately 55.9 square kilometres. It has 2 parks covering nearly 0.8% of total area. The population of Merrigum in 2016 was 679 people. By 2021 the population was 679 showing a stable population in the area during that time. The predominant age group in Merrigum is 60-69 years. Households in Merrigum are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Merrigum work in a managers occupation.In 2021, 77.90% of the homes in Merrigum were owner-occupied compared with 78.90% in 2016.
Merrigum has 494 properties. Over the last 5 years, Houses in Merrigum have seen a 63.56% increase in median value. As at 31 January 2026:
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