Earlier today Kim O’Keefe MP, State Member for Shepparton and the town’s Deputy Mayor, Anthony Brophy , joined Veriu Group officials and VIP guests including CEO Zed Sanjana, local developer Terry Sofra and Valeo Construction’s Jim Tzouvelis, in a sod-turning ceremony to commemorate the commencement of construction on Veriu’s first Punthill property in regional Victoria.
Scheduled to open in late 2026, the new apartment hotel will be located on Wyndham Street in the heart of the city’s thriving Shepparton Art Museum precinct, which has recently undergone a major transformation as part of the Greater Shepparton City Council’s focus on urban renewal.
Meeting a Growing Demand
Shepparton is currently experiencing strong population growth, economic diversification and infrastructure investment. Yet, despite being home to the Goulburn Valley’s agricultural powerhouse, the city currently has limited premium apartment-style accommodation, making the decision to open the hotel here a logical one for Veriu Group CEO, Zed Sanjana.
Hotel Features
Construction of the new 107 key apartment hotel is now officially underway. Upon completion, it will offer a range of attractive accommodation options for guests seeking the comforts of home, offering a mix of fully self-contained modern studio, one-bedroom and two-bedroom apartments, designed to accommodate both solo and group travel. Each state-of-the-art apartment comes with its own balcony, a fully equipped kitchen, desk, Smart TV, fast, high-quality internet and in-room laundry facilities, as well as access to comprehensive conference and meeting facilities, secure on-site parking and a gym.
Prime Location for Business and Leisure
Adding to its appeal, the hotel’s prime location on Wyndham Street, puts it within easy walking distance of the Shepparton Art Museum, Victoria Park Lake, restaurants, the CBD, and key health and education services.
Business travellers will benefit from proximity to the region’s food processing plants, logistics hubs, and corporate offices, while leisure visitors can enjoy local wineries, nature trails, cultural festivals, and future attractions.
Project Partners and Timeline
The project is being developed by local developer Sofra Group, who has appointed Valeo to undertake the construction of the property. The hotel will operate under the Punthill Apartment Hotels brand, which is recognised for delivering modern, spacious accommodation options designed for both short and extended stays
The Punthill Shepparton Apartment Hotel is expected to open in Q4 2026. Continuing towards Veriu Group’s ambitious plan to grow to 80 hotels nationally, the commencement of construction at Punthill Shepparton brings to a total of 5 sites under construction with Veriu Adelaide (SA), Punthill Ryde (NSW), Punthill Epping (VIC) and Veriu South Yarra (VIC) all well underway and anticipated to open between mid-2026 and 2027.
More announcements about the opening of new Punthill Apartment Hotels at various sites in both metropolitan and regional NSW are expected from Veriu Group in the coming months.
Punthill Shepparton
Shepparton, Australia
