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297-305 Hargreaves Street
Bendigo VIC 3550
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297-305 Hargreaves Street Bendigo VIC 3550

  • Shop & Retail
  • 3,233 m²
  • For Sale, Contact agents

Strategic retail investment on major CBD landholding

  • 100% leased to Officeworks (ASX:WES)
  • Flexible 3-level building of 3,233sqm*
  • 2,248sqm* site with dual street frontage

JLL Retail Investments has the exclusive privilege of offering for sale Officeworks Bendigo, an exceptional opportunity to acquire a 100% freehold investment in the heart of Bendigo's CBD with a secure NET lease to Australia's leading office-supplies retailer, Officeworks Limited.

Featuring exceptional retail exposure to both Hargreaves Mall and Queen Street, the property provides a rare opportunity to gain a significant 2,248sqm* Commercial 1 Zone (C1Z) site in one of Victoria's oldest and largest regional cities. 

Key details of the opportunity include:

+ 100% leased to Officeworks Limited - Wholly owned by Wesfarmers (WES:ASX) (Market Cap: $84.2B)+
+ High profile CBD location with exposure to Queen Street & Hargreaves Mall
+ Estimated Net Income $379,982 p.a. + GST
+ NET Lease structure with tenant responsible for all outgoings including Land Tax
+ Fixed annual CPI rental increases
+ Highly flexible building with 3,233 sqm of GLA set across three levels
+ Significant 2,248sqm Commercial 1 Zone (C1Z) site
+ Secure undercover customer car parking for 25 vehicles off Queen Street
+ Potential for 50% stamp duty savings
+ High growth location with Bendigo's population forecast to grow by 33% by 2046

Officeworks Bendigo is being offered for sale by an Expressions of Interest process closing Thursday 29 th May 2025 at 3:00pm (AEST)

To obtain further information or to arrange an inspection, please contact the exclusive selling agents:

Tom Noonan | 0402 319 698
Stuart Taylor | 0428 000 000
Dominic McGrath | 0416 440 525

100% leased to Officeworks (ASX:WES)
Flexible 3-level building of 3,233sqm*
Large 2,248sqm* C1Z site with dual street frontage

Property Highlights

Floor Area3,233 m²
Land Area2,248 m²
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2019957352
Category
Last updated  30 Apr 2025
Map for 297-305 Hargreaves Street Bendigo VIC 3550

Nearest transport* to 297-305 Hargreaves Street Bendigo VIC 3550

Bus
Train
Tram
Ferry
Mitchell St Central - Bay B/Mitchell St (Bendigo)103 m
Mitchell St Central - Bay A/Mitchell St (Bendigo)111 m
White Night Interchange/Williamson St (Bendigo)198 m
Williamson St/Myers St (Bendigo)247 m
This data is © 2024 Department of Transport and Planning (VIC), licenced under CC BY 4.0.
*Within a 4km radius
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Property Highlights

Floor Area3,233 m²
Land Area2,248 m²
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2019957352
Category
Last updated  30 Apr 2025

More about 297-305 Hargreaves Street Bendigo VIC 3550

297-305 Hargreaves Street Bendigo VIC 3550 is categorized as Shop & Retail Property. It has a floor area of 3,233 m² and a land area of 2,248 m². The listing ID for this property is 2019957352.

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