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17 Bath Lane, Bendigo, VIC, 3550

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17 Bath Lane, Bendigo, VIC, 3550

Bendigo

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17 Bath Lane, Bendigo, VIC, 3550

Bendigo

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17 Bath Lane, Bendigo, VIC, 3550

17 Bath Lane, Bendigo, VIC, 3550

Properties / Sold / Victoria / Bendigo
Tenanted Investment
Selling Method
Private Sale
Selling Details
$850,000-$900,000
Floor Area
150 - 150 m² (*approx)
Property Type
Retail
Sub-type
Strip Retail, Mixed Use
Terms
Lease for 5 years from June 2023 with 2 x 5 year options
Est. Income
$53,045 p/a
Fully Leased
Mona Lisa
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Sought After Tenanted investment in tightly held Bath Lane precinct

This premium commercial property is positioned in the heart of Bendigo's prime CBD retail precinct, making it a highly desirable long-term investment opportunity.

Mona Lisa is the highly regarded and established tenant, occupying the premises for 27 years as an iconic local womens fashion business. The new 5 year lease with 2 x 5 year options offers a stable and solid income stream with a healthy return on investment of approx 6%.

KEY FEATURES:

- Premium location in a popular and high foot traffic area in Bendigo CBD

- Very well presented premises

- Established and performing tenant operating as Mona Lisa

- Rental of $53,045 per annum with fixed 3% increases

- Lease for 5 years from June 2023 with 2 x 5 year options

- Commercial 1 Zoning

Boasting a well-maintained interior and a large main room this space is well suited to its current ladies fashion use. The property is zoned for commercial use and has good street frontage and enjoys excellent foot traffic.

In the tightly held precinct this property is a smart addition to any investor's portfolio.

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment
Tenanted Investment

17 Bath Lane Investment Summary

Property Type
Retail
Sub-type
Strip Retail, Mixed Use
Est. Income
$53,045 p/a
Tenant
Mona Lisa
Terms
Lease for 5 years from June 2023 with 2 x 5 year options
Floor Area
150 - 150 m² (*approx)
Selling Method
Private Sale
Selling Details
$850,000-$900,000

Investment Highlights

Sought After Tenanted investment in tightly held Bath Lane precinct

This premium commercial property is positioned in the heart of Bendigo's prime CBD retail precinct, making it a highly desirable long-term investment opportunity.

Mona Lisa is the highly regarded and established tenant, occupying the premises for 27 years as an iconic local womens fashion business. The new 5 year lease with 2 x 5 year options offers a stable and solid income stream with a healthy return on investment of approx 6%.

KEY FEATURES:

- Premium location in a popular and high foot traffic area in Bendigo CBD

- Very well presented premises

- Established and performing tenant operating as Mona Lisa

- Rental of $53,045 per annum with fixed 3% increases

- Lease for 5 years from June 2023 with 2 x 5 year options

- Commercial 1 Zoning

Boasting a well-maintained interior and a large main room this space is well suited to its current ladies fashion use. The property is zoned for commercial use and has good street frontage and enjoys excellent foot traffic.

In the tightly held precinct this property is a smart addition to any investor's portfolio.

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment

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17 Bath Lane, Bendigo, VIC, 3550

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Property Location of 17 Bath Lane, Bendigo, VIC, 3550

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17 Bath Lane, Bendigo, VIC, 3550 Bendigo
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