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Sold on 11 Jan 2021

46-48 Edward Street Bendigo VIC 3550

  • Offices
  • 967 m²
  • Sold

Impressive CBD Freehold Investment - Near 100% Occupancy Since Construction in 2002

    - 4 long-standing tenants
    - Investor preferred net leases
    - Key office/retail precinct

    +Programmed Integrated 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.
    +Tenants pay all usual outgoings as per lease agreements.
    + Diverse income stream from 4 non-discretionary fields.
    + 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 construction in 2002.
    + Within High Scale (20 metre height) DDO5 Development precinct.
    +Prime office/retail precinct nearby State Trustees, Dept of Health, Target, Dan Murphys & Bendigo Marketplace (95+ retailers).
    + City of Greater Bendigo: Victorias largest inland city with a current population of 121,349 and forecast to grow to over 155,000 by 2036.
    + Rent: $254,952 pa + GST (as at 1 January 2021).

    For Sale by Investment Portfolio Auction
    11:00am (AEDT) Wednesday 9 December

    AUCTION

    Auction date and time09/12/2020 11:00
    Auction locationNot onsite

    Property Highlights

    Property ID2016592833
    Date Sold11 Jan 2021
    Floor Area967 m²
    Land Area1,023 m²
    ParkingAsk Agent
    Category
    Last updated  11 Jan 2021
    Map for 46-48 Edward Street Bendigo VIC 3550
    Map for 46-48 Edward Street Bendigo VIC 355046-48 Edward Street Bendigo VIC 3550
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    • Purchase price

      $
      1,234,567

    • Deposit available

      $
      123,456

    • Loan term

      30
      years

    • Interest rate

      3.00
      %

    repayments

    $0/month*

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    Property Highlights

    Property ID2016592833
    Date Sold11 Jan 2021
    Floor Area967 m²
    Land Area1,023 m²
    ParkingAsk Agent
    Category
    Last updated  11 Jan 2021
    Tweed Sutherland First National
    52 Mitchell Street Bendigo VIC 3550

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