OFF MARKET

5 Foord Street
Wahgunyah VIC 3687

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 140m2
Land area: 1027m2
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Property Details for 5 Foord St, Wahgunyah

Building Type
Commercial
Year Built
1900
Floor Size
140m2
Land Size
1027m2
Local Government
Indigo
Lot/Plan
30/PS526292

Last Listing description (June 2019)

Sitting proudly atop the embankment of the mighty Murray River at Wahgunyah on the Victorian side, is the original Wahgunyah Post Office incorporating the residence too. Restored and reflecting all the character and romance of its era, this building is now ready for its next chapter.
Built in 1863, before Federation, the position is excellent for commercial enterprise. The front terrace abuts the footpath in the main street, and is directly opposite the old Empire Hotel, recently under new ownership. Wahgunyah is across the river from Corowa. These towns are a popular tourist spot, just minutes from the Rutherglen wine district, and easy day trips to the snow fields, Beechworth and the entire north-east region, as well as Echuca. The area buzzes in summer and winter, catering for different events throughout the year.
This particular property has easy and close views across the Murray River to the boatsheds on the Corowa foreshore, from the elevated deck that runs off the living areas of the building. At this point the river enjoys quiet river traffic comprising rowboats, houseboats and fishing boats. There is a popular swimming area nearby. The property can also be seen from the Corowa side.

The old Wahgunyah Post Office would suit food or accommodation businesses in particular, but is also suited to professional rooms or retreat style operations, offering personal accommodation options as well. There is a large central kitchen which lends itself to commercial conversion. The rooms are warm and intimate, and well heated and cooled. The broad deck is ideally suited to al fresco dining, from space and access perspectives. Whilst there have been modern improvements, the original period style is evident in every room. High ceilings, arch windows, leadlight, deep skirting boards, cast iron, fire places, and more.
There is potential to further develop the site with additional separate accommodation, and there are plans drawn to expand the upper deck making provision for covered car parking beneath. A Vendor Statement is available for perusal.

Property History for 5 Foord St, Wahgunyah, VIC 3687

A timeline of how this property has performed in the market
Last Sold
$415,000
12 Dec 2018
  • 12 Dec 2018
    Sold for $415,000
  • 04 Oct 2017
    Listed for Sale $499,500
  • 24 Mar 2016
    Sold for $395,000
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About Wahgunyah 3687

The size of Wahgunyah is approximately 36.7 square kilometres. It has 1 park covering nearly 0.1% of total area. The population of Wahgunyah in 2011 was 891 people. By 2016 the population was 1,084 showing a population growth of 21.7% in the area during that time. The predominant age group in Wahgunyah is 60-69 years. Households in Wahgunyah are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Wahgunyah work in a labourer occupation. In 2011, 76.8% of the homes in Wahgunyah were owner-occupied compared with 77.2% in 2016.

Wahgunyah has 664 properties. Over the last 5 years, Houses in Wahgunyah have seen a 59.96% increase in median value, while Units have seen a 70.48% increase. As at 30 November 2024:

  • The median value for Houses in Wahgunyah is $463,967 while the median value for Units is $343,933.
  • Houses have a median rent of $473 while Units have a median rent of $260.
There are currently 13 properties listed for sale, and no properties listed for rent in Wahgunyah on OnTheHouse. According to CoreLogic's data, 17 properties were sold in the past 12 months in Wahgunyah.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.