OFF MARKET

88-92 Waverley Avenue
Merrigum VIC 3618

Bedrooms: 6
Bathrooms: 2
Car spaces: 2
Land area: 4047m2
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Property Details for 88-92 Waverley Ave, Merrigum

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.

Building Type
House
Land Size
4047m2
Local Government
Greater Shepparton
Lot/Plan
1/TP411861

Last Listing description (November 2024)

Step back in time with this rare opportunity to own the heritage-listed "Coffee Palace" - a grand and iconic property that has remained in the same family for over 47 years. Perfectly positioned just 10 minutes from Kyabram and 25 minutes from Shepparton, this unique estate spans 1 acre across 3 titles.

The 6-bedroom home exudes historic charm, boasting stunning period features such as a magnificently carved staircase. While in need of restoration, it presents boundless potential for those passionate about preserving heritage architecture.

Adding to its appeal, the property includes a commercial shop, making it ideal for a home-based business, boutique venture, or creative redevelopment.

For investors, there's significant subdivision potential (STCA), with the option to divide the land into up to four blocks, unlocking future development opportunities.

Whether you dream of restoring a historic treasure, developing prime land, or running a business steeped in local history, this is your chance to own a piece of Merrigum's legacy. Act now to secure this once-in-a-lifetime opportunity!

Inquire today to secure your future in this heritage treasure!

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Property History for 88-92 Waverley Ave, Merrigum, VIC 3618

A timeline of how this property has performed in the market
Last Transferred
08 Apr 2014
  • 30 Sep 2024
    Listed for Sale Contact Agent
  • 08 Apr 2014
    Transferred
  • 16 Nov 1982
    Sold for $15,000

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About Merrigum 3618

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 2011 was 674 people. By 2016 the population was 673 showing a population decline of 0.1% in the area during that time. The predominant age group in Merrigum is 50-59 years. Households in Merrigum are primarily couples with children and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Merrigum work in a labourer occupation. In 2011, 79.6% of the homes in Merrigum were owner-occupied compared with 78.9% in 2016.

Merrigum has 421 properties. Over the last 5 years, Houses in Merrigum have seen a 45.39% increase in median value. As at 30 November 2024:

  • The median value for Houses in Merrigum is $350,422 while the median value for Units is $365,438.
There are currently 2 properties listed for sale, and no properties listed for rent in Merrigum on OnTheHouse. According to CoreLogic's data, 17 properties were sold in the past 12 months in Merrigum.

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