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Sold on 9 Dec 2020

46-48 Edward Street (corner Queen and King Streets) Bendigo VIC 3550

  • Offices
  • 967 m²
  • Sold

Impressive CBD Freehold Investment

    + 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: Victorias 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 Zealands 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

    AUCTION

    Auction date and time09/12/2020 10:30
    Auction locationInvestment Portfolio Auction

    Property Highlights

    Property ID2016592186
    Date Sold9 Dec 2020
    Floor Area967 m²
    Land Area1,023 m²
    ParkingOn site parking available
    Category
    Last updated  10 Dec 2020
    Map for 46-48 Edward Street (corner Queen and King Streets) Bendigo VIC 3550
    Map for 46-48 Edward Street (corner Queen and King Streets) Bendigo VIC 355046-48 Edward Street (corner Queen and King Streets) Bendigo VIC 3550

    Property Highlights

    Property ID2016592186
    Date Sold9 Dec 2020
    Floor Area967 m²
    Land Area1,023 m²
    ParkingOn site parking available
    Category
    Last updated  10 Dec 2020
    Burgess Rawson & Associates
    Level 7, 140 Bourke Street Melbourne VIC 3000

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