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JLL Retail Investments has the exclusive privilege of offering for sale Officeworks Bendigo, an exceptional opportunity to acquire a 100% freehold investment in the heart of Bendigo’s CBD with secure NET lease to Australia’s leading office-supplies retailer, Officeworks Limited.
Featuring exceptional retail exposure to both Hargreaves Mall and Queen Street, the property provides a rare opportunity to gain a significant 2,248sqm* Commercial 1 Zone (C1Z) site in one of Victoria’s oldest and largest regional cities.
Key details of the opportunity include:
+ 100% leased to Officeworks Limited - Wholly owned by Wesfarmers (WES:ASX) (Market Cap: $84.2B)+
+ High profile CBD location with exposure to Queen Street & Hargreaves Mall
+ Estimated Net Income $379,982 p.a. + GST
+ NET Lease structure with tenant responsible for all outgoings including Land Tax
+ Fixed annual CPI rental increases
+ Highly flexible building with 3,233 sqm of GLA set across three levels
+ Significant 2,248sqm Commercial 1 Zone (C1Z) site
+ Secure undercover customer car parking for 25 vehicles off Queen Street
+ Potential for 50% stamp duty savings
+ High growth location with Bendigo’s population forecast to grow by 33% by 2046
Officeworks Bendigo is being offered for sale by an Expressions of Interest process closing Thursday 29th May 2025 at 3:00pm (AEST)
To obtain further information or to arrange an inspection, please contact the exclusive selling agents:
Tom Noonan | 0402 319 698
Stuart Taylor | 0428 000 000
Dominic McGrath | 0416 440 525
JLL Retail Investments has the exclusive privilege of offering for sale Officeworks Bendigo, an exceptional opportunity to acquire a 100% freehold investment in the heart of Bendigo’s CBD with secure NET lease to Australia’s leading office-supplies retailer, Officeworks Limited.
Featuring exceptional retail exposure to both Hargreaves Mall and Queen Street, the property provides a rare opportunity to gain a significant 2,248sqm* Commercial 1 Zone (C1Z) site in one of Victoria’s oldest and largest regional cities.
Key details of the opportunity include:
+ 100% leased to Officeworks Limited - Wholly owned by Wesfarmers (WES:ASX) (Market Cap: $84.2B)+
+ High profile CBD location with exposure to Queen Street & Hargreaves Mall
+ Estimated Net Income $379,982 p.a. + GST
+ NET Lease structure with tenant responsible for all outgoings including Land Tax
+ Fixed annual CPI rental increases
+ Highly flexible building with 3,233 sqm of GLA set across three levels
+ Significant 2,248sqm Commercial 1 Zone (C1Z) site
+ Secure undercover customer car parking for 25 vehicles off Queen Street
+ Potential for 50% stamp duty savings
+ High growth location with Bendigo’s population forecast to grow by 33% by 2046
Officeworks Bendigo is being offered for sale by an Expressions of Interest process closing Thursday 29th May 2025 at 3:00pm (AEST)
To obtain further information or to arrange an inspection, please contact the exclusive selling agents:
Tom Noonan | 0402 319 698
Stuart Taylor | 0428 000 000
Dominic McGrath | 0416 440 525
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