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12-24 Mitchell Street, Bendigo, VIC, 3550

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12-24 Mitchell Street, Bendigo, VIC, 3550

12-24 Mitchell Street, Bendigo, VIC, 3550

Properties / Buy / Victoria / Bendigo
Tenanted Investment

1. Property Summary

Selling Method
EOI
Selling Details
Contact Agent
Land Area
1,935 m² (*approx)
Floor Area
2595 m² (*approx)
Property Type
Retail, Offices
Est. Income
$503,265 p/a
Show All

2. Property Highlights

Central Bendigo CBD Retail Investment Anchored By National Tenants
  • High profile and foot traffic location
  • Fully leased - 13 separate tenancies
  • WALE - 3.34 years diversified income

Colliers are pleased to present this high-profile retail investment opportunity. The property is situated within Bendigo’s core retail precinct and thriving activity centre.

The offering comprises thirteen fully let tenancies on a sizeable, combined land allotment of 1,935m²* with three street frontages. Diversified rental income comes by way of national tenants like Gazman and Sportspower, as well as a number of local occupiers offering a variety of retail services.

Key features include:

- High profile and foot traffic location

- Fully leased across 13 separate tenancies

- NET income of $503,264.80pa*

- WALE - 3.34 years diversified income stream

- Huge triple fronted site of 1,935m²*

- Lettable building area of 2,595m²*

- Zoned Commercial 1

12-24 Mitchell Street, 1-3 & 7-9 Bath Lane and 338-348 Hargreaves Street are in the centre of Bendigo’s retail & office occupier precinct, and just minutes from the Bendigo & Adelaide Bank Headquarters, Bath Lane retail, Alexandra Fountain, Rosalind Park and across from the Hargreaves Mall. This retail precinct is home to national tenants including Myer, Bendigo & Adelaide Bank, Commonwealth Bank of Australia, JB Hi-Fi, Officeworks, Sportsgirl, Sussans, and Noodlebox.

The site sits just 100m* from local bus routes along Mitchell Street and in proximity to the central Bendigo Train station. Major arterial roads including High Street (Midland HWY), View Street and Mitchell Street further benefit the properties.

To arrange an inspection or for further information please get in touch with the exclusively appointed agents from Colliers Bendigo Travis Hurst on 0423 388 932 & Adele Foott on 0447 518 850 or Colliers Investment Services Matt Stagg on 0409 411 300 & Manager, Asia Markets Yvonne Zhou 周怡泓 on 0415 100 831.

*Approximately.

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment

1. Property Summary

Property Type
Retail, Offices
Est. Income
$503,265 p/a
Number Of Tenants
13
Wale
3.34 years
Land Area
1,935 m² (*approx)
Floor Area
2595 m² (*approx)
Selling Method
EOI
EOI Closing Date
14 Jun 2024 04:00PM
Selling Details
Contact Agent

2. Property Highlights

Central Bendigo CBD Retail Investment Anchored By National Tenants
  • High profile and foot traffic location
  • Fully leased - 13 separate tenancies
  • WALE - 3.34 years diversified income

Colliers are pleased to present this high-profile retail investment opportunity. The property is situated within Bendigo’s core retail precinct and thriving activity centre.

The offering comprises thirteen fully let tenancies on a sizeable, combined land allotment of 1,935m²* with three street frontages. Diversified rental income comes by way of national tenants like Gazman and Sportspower, as well as a number of local occupiers offering a variety of retail services.

Key features include:

- High profile and foot traffic location

- Fully leased across 13 separate tenancies

- NET income of $503,264.80pa*

- WALE - 3.34 years diversified income stream

- Huge triple fronted site of 1,935m²*

- Lettable building area of 2,595m²*

- Zoned Commercial 1

12-24 Mitchell Street, 1-3 & 7-9 Bath Lane and 338-348 Hargreaves Street are in the centre of Bendigo’s retail & office occupier precinct, and just minutes from the Bendigo & Adelaide Bank Headquarters, Bath Lane retail, Alexandra Fountain, Rosalind Park and across from the Hargreaves Mall. This retail precinct is home to national tenants including Myer, Bendigo & Adelaide Bank, Commonwealth Bank of Australia, JB Hi-Fi, Officeworks, Sportsgirl, Sussans, and Noodlebox.

The site sits just 100m* from local bus routes along Mitchell Street and in proximity to the central Bendigo Train station. Major arterial roads including High Street (Midland HWY), View Street and Mitchell Street further benefit the properties.

To arrange an inspection or for further information please get in touch with the exclusively appointed agents from Colliers Bendigo Travis Hurst on 0423 388 932 & Adele Foott on 0447 518 850 or Colliers Investment Services Matt Stagg on 0409 411 300 & Manager, Asia Markets Yvonne Zhou 周怡泓 on 0415 100 831.

*Approximately.

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment

3. Property Location

12-24 Mitchell Street, Bendigo, VIC, 3550

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