Stonebridge Property Group is pleased to present for sale 41-43 Mundy Street, Bendigo.
- Commanding Bendigo CBD corner investment strategically located adjacent the highly anticipated $90,000,000 Gov Hub Development
- Boasting 80 m* of combined street frontage to the heavily trafficked Mundy Street & Lyttleton Terrace intersection
- Substantial and high quality 1,513 sqm* mixed use building complete with the convenience of 10 undercover lock-up car parks
- The prominent building has recently undergone an extensive refurbishment/rebuild providing the next owner with depreciation benefits and peace of mind
- Providing annual income of $358,945* + GST + Outgoings
- Leased to a diverse mix of 10 separate tenants including solicitors, non-for-profits, financial services, government & hospitality (the hugely popular Old Green Bean café)
- Positioned on 761 sqm* of underlying Commercial 1 Zoned land in the heart of Bendigo
- Bookended between ~$300,000,000 of public and private development including the Bendigo Law Courts ($152m*), Bendigo Tafe (120 m*) and the Bendigo Gov Hub which is set to house ~1,000 new government employees and be a major driver of activity to the immediate area
- With a total population of ~122,000, Bendigo ranks as Australia's 4th largest inland city and the 4th most populated city in Victoria. Bendigo has seen a substantial 29% rise in median house price from 2018, with majority of the increase occurring throughout 2020 in line with the increased demand for regional real estate^
*Approximate
^Source: REIV
To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group:
Nic Hage
0448 782 594
Rorey James
0439 400 081
Kevin Tong
0422 848 818
Property Code: 345
