93 Tone Rd, Wangaratta is a 10 bedroom, 11 bathroom Unit with 10 parking spaces. The property has a land size of 797m2. While the property is not currently for sale or for rent, it was last sold in January 2025. There are other 10 bedroom Unit sold in Wangaratta in the last 12 months.
Situated only 2.5km from the Central Business District of Wangaratta, 93 Tone Road has had a long history as a successful investment property. Over the years, it has undergone many renovations, the latest having only been completed within the past 12 months. The configuration of the current property includes 10 individual units, with one two bedroom double-storey home and 9 additional one room units.
The double-storey home comprises 2 large bedrooms with built-in robes, additional office (potential 3rd bedroom), a large U-shaped kitchen with dining area, lounge with reverse cycle heating/cooling, laundry with shower and toilet, bathroom with bath and vanity and additional second toilet. Located in a private rear yard is a also separate storage room (could be a further bedroom).
Each of the 9 single room units currently comprise bedroom, kitchenette, separate bathroom and toilet and reverse cycle heating/cooling.
Onsite car parking is available, as well as a shared courtyard and laundry facilities. All units are individually metered for both water and electricity.
For the investor, this property offers a great return on investment, and with the growth forecast for regional Victoria, it represents a not-to-be-missed opportunity.
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 11,886 properties. Over the last 5 years, Houses in Wangaratta have seen a 57.89% increase in median value, while Units have seen a 70.11% increase. As at 30 November 2025:
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