SHEPPARTON is set to welcome a new addition to its skyline with the upcoming construction of EDEN, a $30M luxury hotel apartment complex. The development, already sold out off-the-plan, is a response to the region’s significant shortage of high-quality accommodation.
IDS Developments, the experienced developer behind the 4.5-star, R Hotel in Geelong, is steering the project, with construction set to commence in the coming months and doors expected to open in the September quarter next year.
Phil Petch, managing director of IDS Developments, expressed surprise at the lack of quality accommodation in Shepparton, given its size and robust economy.
“I can’t believe there is so little quality accommodation in Shepparton given the size of the population and strong, diversified economy. Shepparton has so much character and great prospects for future growth,” said Petch.
EDEN, located in Shepparton’s CBD and just a block from Lake Victoria, will feature three conference rooms and a boutique café. The development aims to cater to the Goulburn Valley’s growing SME and government sectors.
A 2023 Urban Enterprise report indicated a projected shortfall of 164 rooms in Shepparton by 2025. “Eden’s Hotel Apartments will capitalise on Shepparton’s booming high-end visitor market,” Petch added, “We are delighted with how the development has been embraced.”
