This opportunity has the following key investment highlights:
+Government anchored freehold investment with a commanding 4.3 year WALE.*
+Bendigo & District Aboriginal Co-operative (BDAC): BDAC is controlled by the government funded National Aboriginal Community Controlled Health Organisation (NACCHO).**
+O’Farrell Robertson McMahon Lawyers: Well established Bendigo based lawyers, on site for over 10 years.
+Desirable annual CPI reviews and 4% rent increases.
+Landlord favourable net lease terms with tenants responsible for all usual outgoings.
+Irreplaceable 781 sqm* Commercial 1 Zone (CIZ) site with 33 metres* of frontage to Queen Street.
+Immaculately presented 1,190 sqm*, two level office building including an internal lift with capital intensive tenant funded fit-out.
+Prime position amongst other A-grade office tenants including DHHS Facility, EPA Victoria, State Trustees and Bendigo & Adelaide Bank Headquarters.
+Coles, Dan Murphy’s, JB Hi-Fi, Officeworks, Target, Myer and Bendigo Market Shopping Centre all within 500m*.
+Recently completed developments totalling $242 million in the absolute heart of the Bendigo CBD including $90 million Bendigo Gov-Hub with 1,000 employees and the brand new $152 million Law Court.***
+Bendigo: Booming residential growth location with a 38% increase in median house prices since September 2020. ****
+City of Greater Bendigo: Victoria's largest inland city with population forecast to grow to over 155,000 by 2036 ***** and currently generates $18.6 billion in annual economic output with an estimated 55,242 jobs in the area. ******
+Potential stamp duty savings.
+Net Rent: $295,225* pa + GST.
For sale via Private Treaty
*Approx
** NACCHO
*** Development Victoria
**** realestate.com.au
***** Forecast.id
****** REMPLAN
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