59-61 Victoria Street, Wahgunyah, Vic 3687

bedrooms 8
bathrooms 8
parkingSpaces 8
|Unit
$1,245,000
$1,245,000
Published on: 08 May 2025
Last updated on: 29 May 2025
59-61 Victoria Street, Wahgunyah, Vic 3687
59-61 Victoria Street, Wahgunyah, Vic 3687
59-61 Victoria Street, Wahgunyah, Vic 3687
+25
59-61 Victoria Street, Wahgunyah, Vic 3687
  • 25
Property ID: 147967296
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TURNKEY INVESTMENT OPPORTUNITY IN THE HEART OF WINE COUNTRY

59-61 Victoria Street, Wahgunyah, Vic 3687
Formerly operating as the Wahgunyah Motel, this exceptional property has been completely transformed by its current owners over the past eight years. Now fully renovated and reimagined, the complex comprises a stylish one-bedroom manager's residence and seven beautifully appointed, self-contained studio units.

Each unit features its own private outdoor seating area and enjoys access to a modern shared laundry - offering convenience for guests or tenants and low-maintenance management for the owner. The entire property is being sold as a walk-in, walk-out opportunity, with all furnishings, appliances, and essentials included. There is a bonus motel sized room with a kitchenette and a washing machine for short term letting also.

Extensive Renovations Include:

Exterior:

- New windows and doors throughout
- Coded entry locks for added security and ease of access
- Solar panels installation for energy efficiency
- Freshly painted exterior
- Private patio areas created for each unit

Interior:

- Units stripped back and fully refurbished
- Polished concrete floors, freshly painted walls, and new window furnishings
- Stylish new bathrooms and contemporary kitchens with ovens, electric 
  hotplates, two-drawer dishwashers
- Ample built-in storage and high-quality furniture throughout
- Split-system heating/cooling and ceiling fans installed in every unit

This is a ready-made income stream. The property is currently operating as a successful short-term accommodation business, with strong appeal for tourists and regional travellers. Alternatively, capitalize on the growing demand for permanent rentals in regional towns - rental appraisals suggest a weekly return of $320–$350 per unit, inclusive of utilities and laundry access.

The generous block offers further development possibilities (STCA), whether you're considering adding more units, creating undercover parking, or expanding with additional amenities.

Perfectly positioned in the vibrant township of Wahgunyah, just over the Murray River from Corowa and surrounded by award-winning wineries, boutique producers, and scenic countryside. Northeast Victoria is a year-round tourist destination, making this an ideal opportunity for those looking to invest, expand their portfolio, or step into the lifestyle of running a boutique B&B or accommodation business.

Inspections are available now - don't miss this rare opportunity.

Property Details

Basic Info

Property Type
Unit
Listing Status
On Market
Parking Spaces
8
Land Size
2,100.00 m2
Rooms
8 bedroom(s), 8 bathroom(s)
Address
59-61 Victoria Street, Wahgunyah, Vic 3687

Agent price guide

Natarsha Sewell
Natarsha Sewell
Lexley Sewell
Lexley Sewell
9 High Street, Wodonga, Vic 3690
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Email enquiry to First National Real Estate - Bonnici & Associates

Natarsha Sewell
Natarsha Sewell
Lexley Sewell
Lexley Sewell
9 High Street, Wodonga, Vic 3690
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      Property ID: 147967296

      Original Property ID: 147967296
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