64-66 Wyndham StreetShepparton VIC 3630
Property Details for 64-66 Wyndham St, Shepparton
Last Listing description (January 2015)
BUSINESS FOR SALE
THIS MOTEL IS IN A MAGNIFICENT LOCATION, SITTING ON WYNDHAM ST AND WALKING DISTANCE TO THE CBD. THE MOTEL COMES WITH 22 ROOMS (VARYING SIZES AND FEATURES), AN IN GROUND POOL, FUNCTION/BREAKFAST ROOM, RECEPTION AREA, GUEST LAUNDRY, SERVICE KITCHEN, LOW MAINTENANCE GROUNDS AND A 3 BEDROOM RESIDENCE. FOR OFFER IS A 10 YEAR LEASE (MANAGEMENT RIGHTS). THE LAST TWO YEARS HAVE PRODUCED REVENUE OF $350,000 PLUS AND AFTER RENT, RATES & UTILITIES YOU ARE LOOKING AT AN INCOME OF $230,000 PLUS PER ANNUM. THIS IS A FANTASTIC OPPORTUNITY TO TAKE OVER AN ESTABLISHED BUSINESS THAT HAS JUST RECORDED ITS BEST DECEMBER RESULT.
Property History for 64-66 Wyndham St, Shepparton, VIC 3630
- 19 Apr 2021Sold for $2,030,000
- 07 Jan 2015Listed for Sale $340,000
- 24 Feb 1988Sold for $695,000
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0About Shepparton 3630
The size of Shepparton is approximately 42.9 square kilometres. It has 101 parks covering nearly 25.5% of total area. The population of Shepparton in 2016 was 31197 people. By 2021 the population was 32067 showing a population growth of 2.8% in the area during that time. The predominant age group in Shepparton is 30-39 years. Households in Shepparton are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Shepparton work in a professional occupation.In 2021, 58.20% of the homes in Shepparton were owner-occupied compared with 58.60% in 2016.
Shepparton has 18,514 properties. Over the last 5 years, Houses in Shepparton have seen a 60.66% increase in median value, while Units have seen a 56.07% increase. As at 31 March 2026:
- The median value for Houses in Shepparton is $551,917 while the median value for Units is $376,275.
- Houses have a median rent of $500 while Units have a median rent of $420.
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