House
INDUSTRIAL 1 ZONING • OUTSTANDING FUTURE POTENTIAL
AUCTION: Saturday, 3rd October 2026 at 11:00am On Site
Being handled by Director and six-time Agent of the Year winner Peter Cardamone, this highly sought-after property presents an exceptional opportunity for investors, developers and buyers looking to secure a substantial landholding in one of Shepparton’s strategic growth corridors.
Located close to major retailers and established businesses including Bunnings, The Marketplace and Dowell Windows, this iconic home on approximately 2,023m² is sure to attract strong interest
PROPERTY DETAILS
Land Size: 2,023m² approx.
Zoning: Industrial 1 Zone (IN1Z)
Residence: Five bedrooms plus study
Living: Two separate living areas
Outdoor: In-ground swimming pool
Services: Town water
Auction: 3rd October 2026 at 11:00am On Site
For Sale: Prior to Auction considered
RENTAL RETURN
The market is there for a rental return of up to $570.00 per week for this large home
A STRATEGIC LANDHOLDING
Based on its location within the Doyles Road and Channel Road corridor, the property falls within the Industrial 1 Zone (IN1Z) and forms part of the broader Shepparton South East Precinct Structure Plan (PSP) area, which has been earmarked for significant commercial and industrial development.
For those who understand the area and its long-term direction, the opportunity is clear: secure a substantial parcel today and position yourself for the future.
In the meantime, the existing residence provides another option.
With five bedrooms, a study, two living areas, an in-ground pool and town water, the property has the potential to be leased to a large family while you hold the land and consider your longer-term strategy. Quality, large-scale family homes with this level of space can be difficult to find.
AN INVESTOR'S PERSPECTIVE - Peter Cardamone comments below:
"Speaking personally as an investor, I see the next 3–5 years as potentially offering an opportunity to hold and lease the property while the surrounding precinct continues to evolve. Whether you're looking for a strategic landbank, an investment with holding income, or a substantial property positioned within a developing commercial and industrial corridor, this is an opportunity worth investigating"...
Contact Peter Cardamone today on 0419 204 608 to register your interest.
A Section 32 is available upon request via email: peter@cardamonerealestate.com.au
With Peter Cardamone and the CRE team handling the campaign, you're in good hands.
AUCTION — SATURDAY, 3RD OCTOBER 2026 AT 11:00AM ON SITE
UNCONDITIONAL OFFERS PRIOR TO AUCTION WILL BE CONSIDERED
Click here for the Consumer Affairs Victoria Due Diligence Checklist for Home Buyers