FOR SALE
$500,000-$550,000

76 Wilmot Road
Shepparton VIC 3630

Bedrooms: 6
Bathrooms: 2
Car spaces: 2
Land area: 667m2
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Exceptional Duplex 76A and 76B Wilmot Rd - Over 7% return!!

Located on a spacious 667m² block in the southern part of Shepparton, this excellent investment property presents a prime opportunity for investors and owner-occupiers alike. With close proximity to schools, the GO Tafe Trade Skills Centre, and Colliver Rd shops, and just a five-minute drive from Shepparton's CBD, convenience is key. A bus stop right in front of the property adds to the ease of access.
This duplex consists of two separate units, each equipped with individual gas and power meters, ensuring a highly attractive rental yield. The front unit is currently leased for $370 per week, while the back unit brings in $320 per week. Together, these rents provide a robust return on investment of over a 7% at the current asking price.
The primary residence is a three-bedroom brick veneer home that has been recently updated with a new kitchen, and renovated bathroom and laundry. The kitchen, featuring neutral tones, a gas oven, and a double basin sink, flows into a spacious dining area, making it perfect for family gatherings. Gas heating and evaporative cooling throughout ensure comfort in any season.
The second unit, accessible through secure double gates at the rear, includes a welcoming living room and three bedrooms-one with built-in robes. Its practical u-shaped kitchen is equipped with gas cooking and ample overhead cupboard space.
Additionally, there is potential to subdivide the property STCA, yielding two 3-bedroom homes on separate titles, further enhancing the investment appeal.
This property is ideal for investors seeking to expand their portfolio with a high-return offering or for owner-occupiers looking for flexible living arrangements, such as housing elderly parents or providing independence to teenagers.
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Property Details for 76 Wilmot Rd, Shepparton

76 Wilmot Rd, Shepparton is a 6 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 667m2. The place is currently for sale with PRD Shepparton.

Building Type
House
Land Size
667m2

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About 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 2011 was 29,553 people. By 2016 the population was 31,204 showing a population growth of 5.6% in the area during that time. The predominant age group in Shepparton is 0-9 years. Households in Shepparton are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Shepparton work in a professional occupation. In 2011, 59.9% of the homes in Shepparton were owner-occupied compared with 58.6% in 2016.

Shepparton has 18,096 properties.

    There are currently 66 properties listed for sale, and 32 properties listed for rent in Shepparton on OnTheHouse. According to CoreLogic's data, 608 properties were sold in the past 12 months in Shepparton.

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