76 Wilmot Road, Shepparton, Vic 3630

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.