Watch Watch
Sold Check
+13 Photos
402 Hargreaves Street (Edward Street and Bath Lane), Bendigo, VIC, 3550

2. Property Highlights

Rare 25 Year Lease to 2039 | Iconic Bendigo CBD Freehold
  • Rare 25-year lease to Feb-2039
  • Favourable annual CPI reviews
  • Potential 50% stamp duty savings

+ Rare 25-year lease to Brewhouse Café & Coffee Roasters to February 2039.

+ Desirable annual CPI reviews.

+ Brewhouse Café & Coffee Roasters: Well-known hospitality group with over 38 years of experience operating across 50 locations state-wide.

+ Landlord-favourable net lease terms with tenant responsible for all usual outgoings excluding Land Tax.

+ Imposing 498 sqm* Commercial 1 Zone (C1Z) site with 64.8m* triple street frontage.

+ Located in the heart of Bendigo CBD, opposite Government DHHS facility and the Bendigo & Adelaide Bank Headquarters.

+ Coles, Dan Murphy?s, JB Hi-Fi, Officeworks, Target, Myer and Bendigo Marketplace Shopping Centre all within 300 metres. *

+ 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 37% increase in median house prices since June 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 50% stamp duty savings. *****

+ Estimated net rent: $109,600 pa + GST.*

To be sold by Investment Portfolio Auction:

10:30am AEST

Wednesday 2 August 2023

Crown Casino, Melbourne





***** Development Victoria

Remember to mention you found this property on CommercialReady

Read More

3. Property Location

402 Hargreaves Street (Edward Street and Bath Lane), Bendigo, VIC, 3550

Property Map
Show properties in the area

4. Due Diligence

Site Report Available

Download your free DistrictData site summary. Make sure you are logged into CommercialReady to allow access

Site Report Available

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
402 Hargreaves Street (Edward Street and Bath Lane), Bendigo, VIC, 3550 Bendigo
calculator-icon Yield Calculator
calcultor-icon Yield Calculator