Lot 122 Mcphees Road, Shepparton VIC 3630
Shepparton , VIC, Australia, 3630$ 717,199
- House and Land
- Property Type
- 3+2
- Bedrooms
- 2+1
- Bathrooms
- 2
- Cars
- 210
Details
Updated on Oct 16, 2026
| Property Type: | House and Land |
|---|---|
| Price: | $ 717,199 |
| Land Price: | $ 274,000 |
| Build Price: | $ 443,199 |
| Gross Per Week: | $ 960* |
| Gross Per Annum: | $ 49,920 |
| Gross Yield: | 6.96% |
| Capital Growth 12 Months: | 14.89% |
| 10Yr Annualised Growth: | 7.39% |
| Vacancy Rate: | 2.06% |
| Property Size: | 210 m2 |
| Land Area: | 555 m2 |
|---|---|
| Bedrooms: | 3+2 |
| Bathrooms: | 2+1 |
| Parking: | 2 |
| Title Status: | Q2 2027 |
| Property ID: | 41623 |
| SKU: | 1023 |
Description
This dual occupancy property in Shepparton offers a 3+2 bedroom layout, 2+1 bathrooms and a 2 car garage, with 210 m2 under roof in a single storey design on a 555 m2 lot in the Parkers Grove estate and land titles expected Q2 2027. The main dwelling has multi-head air conditioning and the secondary dwelling a split system to its living room, with fencing, the driveway and full front and rear landscaping included.
Shepparton is the main regional city of the Goulburn Valley in northern Victoria, within the City of Greater Shepparton. The Parkers Grove estate is a new masterplanned community in the city's south-east growth area, planned around a central park, wetlands and walking paths. That growth setting supports tenant demand from renters looking for a newer home, and investors can use that demand in a long-term portfolio.
For investors, this dual occupancy package has an estimated combined rental return of $960* per week ($520* main dwelling, $440* secondary dwelling), spread across two separate tenancies.
Investors looking to optimise land use and amplify their investment portfolio will find great value in Dual Occupancy Properties, which accommodate two independent dwellings on a single parcel of land and effectively double the potential for rental income.
The design caters to a broad tenant market, allowing investors to capitalise on the growing demand for versatile housing solutions.
Features
- Landscaping
- Fencing
- Driveway
- House & Land
- 3+2 Bedrooms
- 2+1 Bathrooms
- Dual Occupancy
- 2 Car Garage
- Single Storey
Inclusions
- Dishwasher
- Downlights throughout
- Fly Screens and fly doors
- Clothesline and Letterbox
- Fully landscaped front and rear
- Floor Coverings as per specification
- Window furnishings
- Fencing and Driveway
- Alarm System
- Rendered Hebel in lieu of brick
- All-electric appliances and services throughout
- Multi-head air conditioning system to Unit 1
- Split system to the living room of Unit 2
Floor plans
Forecasted value over 20 Years
Forecasted value is based on the 10 Year annualised growth.
Address
Open on Google MapsSimilar Listings
$ 49,920
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Lot 118 Mcphees Road, Shepparton VIC 3630
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Lot 119 Mcphees Road, Shepparton VIC 3630
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Read More »Capital Growth 12 months, measures the increase in a property’s value over the previous 12 months, indicating how much the investment has appreciated in that timeframe.
Capital Growth 10-year annualised, reflects the average annual increase in a property’s value over the last decade, smoothing out short-term fluctuations to show long-term appreciation trends.
Vacancy Rate, indicates the percentage of properties that are currently unoccupied in that postcode, It’s a key indicator for investors to assess the rental demand.
SMSF Property Investing, when investing inside your SMSF there are some restrictions on how you can purchase investment properties. We use the following information to help navigate the SMSF investment property options.
This property is a single-contract property suitable for an SMSF.
SMSF Single Contract