Under Offer
McKean McGregor in conjuction with Gross Waddell ICR are excited to present developers and astute land bankers this substantial, highly anticipated and desirable mixed-use development site, situated within one of the Bendigo CBD's most tightly held precincts. This superb corner site has frontage to the bustling Barnard Street, just minutes from both hospitals, while the Wattle street frontage provides the appeal of one of Bendigo’s most prestigious residential pockets, all within walking distance to the arts precinct and CBD amenities. KEY FEATURES: - Commercial 1 & General Residential Zoning - Prime CBD location - Potential mixed-use development site (STCA) - Dual and prominent street frontages - Recent site works and EPA clearance certificate This substantial site has a combination of Commercial 1 and General Residential Zoned land and presents an exceptional opportunity for a mixed-use and multi-storey development (STCA), with commercial, retail, office and/or residential outcomes envisaged. Recent excavations and an EPA clearance provide the new purchaser a head-start to preliminary site works. Two small structures are located on boundaries of the property, one a commercial building on Barnard Street, the other a cottage residence facing Wattle Street. An additional drive-way access offered from Barnard Street provides further options and potential benefits in the planning process. Opportunities to purchase development sites of this nature do not present themselves often. With the expected population increases in the Greater Bendigo area in the next 15 years, proximity to the CBD and access to amenities, this significant and mixed use development site will be attractive to a range of suitors. *approximately Disclaimer: All property measurements and information has been provided as honestly and accurately as possible by McKean McGregor Real Estate Pty Ltd. Some information is relied upon from third parties. Title information and further property details can be obtained from the Vendor Statement. We advise you to carry out your own due diligence to confirm the accuracy of the information provided in this advertisement and obtain professional advice if necessary. McKean McGregor Real Estate Pty Ltd do not accept responsibility or liability for any inaccuracies.
253 Barnard Street & 144, 152-156 Wattle Street
Bendigo
Floor 220m² 
Contact Agent
Located on one of the busiest intersections in the Bendigo CBD, this large site with 4 separate and well presented retail/warehouse spaces has excellent passing income and a tenancy mix suitable for the passive investor, with longer term development potential (STCA). Directly across from the recently refurbished Bendigo Tafe and approx 300m from the newly opened Bendigo Law Courts, the 1,250m2* Commercial 1 Zone site has 30m* frontage to McCrae Street, rear access and 4 on-site car parks. With recently negotiated leases across all 4 tenancies to established businesses, the net income of approx $105,555k (ex land tax) provides a solid return on investment. This is a rare and exciting opportunity for the astute investor to secure a high profile and flexible asset with excellent passing income and long-term returns and future development potential (STCA). KEY FEATURES: - High profile/high passing traffic location - Large and flexible retail/warehouse spaces - Future development potential (STCA) - Strong leases across 4 separate tenancies - Net income - $105,555 (ex land tax) - Rear access with 4 on-site car parks - Commercial 1 Zoning Disclaimer: All property measurements and information has been provided as honestly and accurately as possible by McKean McGregor Real Estate Pty Ltd. Some information is relied upon from third parties. Title information and further property details can be obtained from the Vendor Statement. We advise you to carry out your own due diligence to confirm the accuracy of the information provided in this advertisement and obtain professional advice if necessary. McKean McGregor Real Estate Pty Ltd do not accept responsibility or liability for any inaccuracies.
157-159 McCrae Street
Bendigo
Floor 880m² 
Contact Agent
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 To be sold at auction through Signature Auction & EOI Series: 30th April 2024 (If not sold prior)
41-43 Myers Street
Bendigo
Floor 1,385m² 
 | 
Cars  12
Contact Agent
WELL ESTABLISHED LOCAL CLIENTELLE WITH OPPORTUNITY TO GROW - BUSINESS FOR SALE ONLY The Tysons Reef Hotel is located in a high exposure, city fringe location which boasts the reputation of one of the most popular hotels in Bendigo. The current owners have refreshed the premises, which presents immaculately and provides various spaces to cater for varied crowds and events. The TRH business would suit a motivated operator looking to step into a strong operating business and take it to the next level. A number of opportunities exist to add to the services and, with the support of a proactive landlord, to further repurpose spaces to enhance capacity. Key features: * 5 year lease (with 25 year options) to be offered * Exceptional reputation for quality cuisine and service * Operating 7 days a week * Excellent online presence with online table booking and takeaway facilities as well as a strong social media presence * Walk into a strong trading business, with consistent and diversified income even through recent challenges * Bistro seating of 75, with a further 40 spaces in the bar and pool room * The well laid out beer garden seats up to 100 people and is a quality function space, while the front verandah seats between 20-30 (licensed to 11pm) * High exposure site with excellent passing traffic * Various opportunities exist to build additional and ongoing income streams including extending car park and repurposing upstairs residence * Experienced and committed staff * Quality plant and equipment to be included in sale * Stock at valuation also available * The progressive landlord is continually looking to improve premises Suitably qualified interested parties contact us to lodge an expression of interest in writing.
2 Weeroona Avenue
Bendigo
Floor 658m² 
 | 
Cars  3
Contact Agent