The iconic heritage home Otago at 45 Ryley Street is to be offered for sale by way of tender.
The California Bungalow style dwelling has had a successful history as professional rooms/offices/residential over many years and is fitted out perfectly for commercial use to continue under its Commercial zoning with Heritage overlay. Whilst its residential configuration remains basically unchanged, it has been recently enhanced by the installation of multiple reverse cycle air-conditioners, refurbished interior paintwork and window furnishings.
Of solid brick construction with Murray Pine floors, it contains seven rooms, two toilets, a domestic bathroom (shower over bath) plus a secure strong room. Gas HWS serves the building.
The location of the property on the corner of Ryley Street and Warby Street is a premium CBD location with its high passing traffic count. Bitumen sealed on-site parking with two street frontages add options and versatility.
The size of Wangaratta is approximately 47.0 square kilometres. It has 55 parks covering nearly 8.0% of total area. The population of Wangaratta in 2016 was 18102 people. By 2021 the population was 19214 showing a population growth of 6.1% in the area during that time. The predominant age group in Wangaratta is 60-69 years. Households in Wangaratta are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Wangaratta work in a professional occupation.In 2021, 66.70% of the homes in Wangaratta were owner-occupied compared with 66.10% in 2016.
Wangaratta has 11,897 properties. Over the last 5 years, Houses in Wangaratta have seen a 43.30% increase in median value, while Units have seen a 47.80% increase. As at 31 March 2026:
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