Lot 247 - Mcmahons Place - Echuca

Description

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Echuca is a vibrant regional town located on the banks of the Murray River in northern Victoria, approximately 215 kilometres north of Melbourne. It is part of the Campaspe Shire and sits opposite the New South Wales town of Moama, with the two communities connected by bridges across the river. 

Known as Australia's historic paddle steamer capital, Echuca is famous for its rich riverboat heritage, well-preserved Port of Echuca precinct, and thriving tourism industry. The town offers a relaxed lifestyle with a mix of heritage homes, modern residential developments, quality schools, healthcare services, shopping centres, cafes, and recreational facilities. Its economy is supported by tourism, agriculture, manufacturing, retail, and health services, making it an important regional hub for northern Victoria.

Echuca provides good transport connections via the Northern Highway and V/Line rail services to Melbourne. Residents enjoy a wide range of outdoor activities, including boating, fishing, camping, cycling, and riverside walking trails along the Murray River. With its strong sense of community, excellent local amenities, affordable housing compared with metropolitan Melbourne, and unique blend of history and natural beauty, Echuca is a popular destination for families, retirees, and property investors seeking a regional lifestyle with solid long-term appeal.

• Property Type: Prestige House & Land
• Property Stage: N/A
• Price: $ 700,000.00
• Land Price: $ 281,500.00
• Build Price: $ 418,500.00
• Beds: 4
• Bath: 2
• Garage: 2
• Storey: 1
• Study: N/A
• Power Rooms: N/A
• MPR: N/A
• Powder Room: N/A
• Balcony: N/A
• Floor Plan: Easton 206
• Completion: N/A
• Land Size: 725
• Area Size: 206.00
• Year Built: N/A
• Est. Rates: N/A
• Est. Rent PW: 650.00
• Est. Body Corp.: N/A
• Title Status: N/A
• Gross Per Week: $ 650.00
• Gross Per Annum: $ 33,800.00
• Gross Yield: 4.83%
• Capital Growth 12 Months: -2.40%
• Capital Growth 10 Year Annualised: 6.54%
• Vacancy Rate: 0.16%