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SOLD
Office Complex, 46-48 Edward Street (corner Queen and King Streets), BENDIGO, VIC, 3550
Tenanted Investment
DETAILS
Impressive CBD Freehold Investment - Near 100% Occupancy Since Major Refurbishment in 2002
  • 4 long-standing tenants
  • Investor preferred net leases
  • Key office/retail precinct

+ High profile 1,023 sqm Commercial 1 Zone (C1Z) site with irreplaceable 91 metre triple street frontage.

+ Well maintained 967 sqm part two-level freehold office building, with strong occupancy history - 100% occupied since major refurbishment in 2002.

+ Within High Scale (20 metre height) DDO5 Development precinct.

+ Tenants pay all usual outgoings as per lease agreements.

+ Diverse income stream from 4 non-discretionary fields.

+ Prime office/retail precinct nearby State Trustees, Dept of Health, Target, Dan Murphys & Bendigo Marketplace (95+ retailers).

+ City of Greater Bendigo: Victoria’s largest inland city with a current population of 121,349 and forecast to grow to over 155,000 by 2036.

+ Programmed Skilled Workforce: Australia & New Zealand’s leading operations and maintenance service provider with 100+ branches.

+ ORM Pty Ltd: Business consulting firm to farmers and the agricultural industry for 25+ years.

+ IPSUM Advisors: Full-service accountancy and wealth advisory firm.

+ Peter Cahill: Respected solicitor with large loyal client base – on-site 17+ years.

+ Rent: $254,952 pa + GST (as at 1 January 2021).

For Sale by Investment Portfolio Auction

10:30am (AEDT) Wednesday 9 December

Remember to mention you found this property on CommercialReady.com.au

PROPERTY SUMMARY
For Sale:
Price on Request
AUCTION DATE:
9 Dec 2020 10:30AM
FLOOR AREA:
967 m² (*approx)
Land Size:
1023 m² (*approx)
Type:
Offices, Retail, Child/Healthcare, Strip Retail, Health Care & Medical, Whole Building, Strip Retail, Health Care & Medical, Whole Building
Tenanted Investment:
Impressive CBD Freehold Investment - Near 100% Occupancy Since Major Refurbishment in 2002
LOCATION
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