Watch Watch
Your home of Commercial Ready videos
Watch Watch
Back
Sold Check

41-43 Myers Street, Bendigo, VIC, 3550

+14 Photos
/
Images
Close

41-43 Myers Street, Bendigo, VIC, 3550

Bendigo

×
Sold Check
+16 Photos

41-43 Myers Street, Bendigo, VIC, 3550

Bendigo

SOLD
41-43 Myers Street, Bendigo, VIC, 3550

41-43 Myers Street, Bendigo, VIC, 3550

Properties / Sold / Victoria / Bendigo
Vacant Possession
Selling Method
Auction
Selling Details
Contact Agent
Land Area
1,333 m² (*approx)
Floor Area
1385 m² (*approx)
Property Type
Offices
Est. Income
$377,489 p/a
Fully Leased
3 Government Tenants
Car Spaces
12
Show All
Blue Chip Government Tenancies in A Grade Regional Office Building

This outstanding freehold investment opportunity boasts an impressive double-story office building located on a premium and substantial corner site. A healthy and stable investment return is on offer with 100% occupancy via 3 government tenancies.

KEY FEATURES:

- Prominent CBD double story office building

- 3 separate government tenancies, all ranging in size

- 100% occupied - WALE 2 years*

- Tenants pay outgoings including proportional Land Tax

- Recent total and substantial refurbishment on 1st floor

- Dual street frontage and dual office access

- Excellent on-site secure car parking

+ Investor preferred net lease terms with the government tenants responsible for all usual outgoings including Land Tax, management fees and building insurance.

+ Income growth with fixed annual rent increases.

+ State-of-the-art 1,385sqm* double storey building, with Key Card/Pin code access

+ Major tenant and landlord funded upgrades, capital-intensive refurbishment and fit out to the Federal Government’s for level 1, corporate layout and design providing significant tax depreciation benefits. Common amenities refurbishment on Ground Floor completed in 2020.

+ Significant 1,333sqm* Commercial 1 Zone (C1Z) site with 35* metre frontage to Myers Street and 40* metre frontage to Mundy Street.

+ Prime CBD position neighbouring the recently opened Bendigo Gov Hub and Law courts.

+ 12 on-site secure car parks, with electronic key card and keypad access (from Feb 2024)

+ Bendigo: With a population of 126,348, Bendigo is the third-largest inland city in Australia and the third-most populous city in Victoria. Being close to the geographic centre of the state and with excellent road and rail infrastructure, Bendigo is home to a range of industries and large businesses.

+ Net Income: $377,489 pa* + GST. (As at Feb 2024)

*Approx

Remember to mention you found this property on CommercialReady

Read More
Vacant Possession
Vacant Possession

41-43 Myers Street Investment Summary

Property Type
Offices
Est. Income
$377,489 p/a
Number Of Tenants
3
Tenant
3 Government Tenants
Wale
2 years
Land Area
1,333 m² (*approx)
Floor Area
1385 m² (*approx)
Car Spaces
12
Selling Method
Auction
Selling Details
Contact Agent

Investment Highlights

Blue Chip Government Tenancies in A Grade Regional Office Building

This outstanding freehold investment opportunity boasts an impressive double-story office building located on a premium and substantial corner site. A healthy and stable investment return is on offer with 100% occupancy via 3 government tenancies.

KEY FEATURES:

- Prominent CBD double story office building

- 3 separate government tenancies, all ranging in size

- 100% occupied - WALE 2 years*

- Tenants pay outgoings including proportional Land Tax

- Recent total and substantial refurbishment on 1st floor

- Dual street frontage and dual office access

- Excellent on-site secure car parking

+ Investor preferred net lease terms with the government tenants responsible for all usual outgoings including Land Tax, management fees and building insurance.

+ Income growth with fixed annual rent increases.

+ State-of-the-art 1,385sqm* double storey building, with Key Card/Pin code access

+ Major tenant and landlord funded upgrades, capital-intensive refurbishment and fit out to the Federal Government’s for level 1, corporate layout and design providing significant tax depreciation benefits. Common amenities refurbishment on Ground Floor completed in 2020.

+ Significant 1,333sqm* Commercial 1 Zone (C1Z) site with 35* metre frontage to Myers Street and 40* metre frontage to Mundy Street.

+ Prime CBD position neighbouring the recently opened Bendigo Gov Hub and Law courts.

+ 12 on-site secure car parks, with electronic key card and keypad access (from Feb 2024)

+ Bendigo: With a population of 126,348, Bendigo is the third-largest inland city in Australia and the third-most populous city in Victoria. Being close to the geographic centre of the state and with excellent road and rail infrastructure, Bendigo is home to a range of industries and large businesses.

+ Net Income: $377,489 pa* + GST. (As at Feb 2024)

*Approx

Remember to mention you found this property on CommercialReady

Read More
Vacant Possession

Finance Calculator

41-43 Myers Street, Bendigo, VIC, 3550

Secure/no obligation

Step 1

Loan Variables

Adjust the inputs to explore your indicative finance options.

Estimated Purchase Price: $x,xxx,xxx
What you intend to pay for the property
Your Contribution: $x,xxx,xxx
The amount you’re investing
LVR: $x,xxx,xxx
Loan to Value Ratio

Estimated Purchase Price:

What you intend to pay for the property

$

Your Contribution:

The amount you’re investing

Min: 0% - Max: 90% of purchase price.

$

LVR:

Loan to Value Ratio

Min: 10% - Max: 100% of purchase price.

%

Loan Analysis

Estimated Purchase Price:
Your expected purchase price. Final lender valuation may differ and will affect LVR and borrowing.
$x,xxx,xxx
Your Contribution:
Your funds toward the purchase (savings/equity/gift). Does not include costs like duty, legals or LMI.
$xxx,xxx
Loan to Value Ratio:
Calculated as Loan ÷ Price. Guidance only. Lender policy caps vary by property type, location and borrower profile.
xx%
Loan Amount:
Estimated loan based on your inputs. Excludes fees, LMI and costs. Subject to credit assessment and valuation.
$xxx,xxx
Interest Only: Monthly Repayments
Estimate using interest-only at 5.85% p.a. Excludes fees. Rates can change without notice.
in full report
Principal & Interest: Monthly Repayments
Estimate at 5.85% p.a. over 15 years, monthly compounding. Excludes fees/LMI. Rates may change.
in full report
Stamp Duty: victoria
Indicative rate for victoria. Concessions/exemptions (e.g., first home) may apply and change the amount.
in full report
Stamp Duty Cost:
Estimate only. Check SRO victoria for the latest rules and any concessions that may reduce this figure.
in full report

Property Location of 41-43 Myers Street, Bendigo, VIC, 3550

Property Map
41-43 Myers Street, Bendigo, VIC, 3550 Bendigo
calculator-icon Yield Calculator
calcultor-icon Yield Calculator