63-65 Bridge Street Bendigo VIC 3550

Medical / Consulting
715 m²
Sold

Renewed 5 Year Lease to Bendigo Medical | Established 1940

+ Renewed Five (5) year lease to April 2026 plus options to 2046.
+ Bendigo Medical: established medical business in operation since 1940.
+ Desirable annual CPI rent reviews.
+ Investor preferred net lease terms with tenant paying all usual outgoings as per lease.
+ As new 715sqm* clinic including on-site UFS Pharmacy and Melbourne Pathology.
+ High profile 1,647sqm* site with important dual street frontage and 21 car spaces on-title.
+ Strategically positioned in key health precinct nearby Bendigo Hospital, brand new Ambulance HQ and CASA VIC Police building.
+ Significant tax saving depreciation benefits, with 41% of first years rent potentially tax free.
+ Bendigo: Victoria's largest inland city, population forecast to exceed 155,000** by 2036.
+ Potential 50% stamp duty savings
+ Net Income: $268,832 pa + GST.

For Sale by Investment Portfolio Auction
10:30am (AEDT) Wednesday 14 September 2022
Crown Casino - River Room - Melbourne

*Approx
**Forecast id

AUCTION

Auction date and time	14/09/2022 10:30
Auction location	Crown Casino - River Room - Melbourne

Burgess Rawson VIC Pty Ltd

Level 20, 150 Lonsdale Street

Melbourne, VIC 3000

Property Highlights

Date Sold	15 Sep 2022
Floor Area	715 m²
Land Area	1,647 m²
Parking	Ask Agent
Property ID	2018006482
Category	Medical / Consulting Offices
Last updated	15 Sep 2022

Map for 63-65 Bridge Street Bendigo VIC 3550

Nearest transport* to 63-65 Bridge Street Bendigo VIC 3550

Bus

Train

Water St/Bridge St (Bendigo)	127 m
Water St/Bridge St (Bendigo)	183 m
Bendigo Health/Arnold St (Bendigo)	293 m
Bendigo Health/Arnold St (Bendigo)	303 m

*Within a 4km radius

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Burgess Rawson VIC Pty Ltd

Level 20, 150 Lonsdale Street

Melbourne, VIC 3000

Property Highlights

Date Sold	15 Sep 2022
Floor Area	715 m²
Land Area	1,647 m²
Parking	Ask Agent
Property ID	2018006482
Category	Medical / Consulting Offices
Last updated	15 Sep 2022

Listed by

Raoul Holderhead

Burgess Rawson VIC Pty Ltd

Call

0413 860 304

More about 63-65 Bridge Street Bendigo VIC 3550

63-65 Bridge Street Bendigo VIC 3550 is categorized as Medical & Consulting Property. It has a floor area of 715 m² and a land area of 1,647 m². The listing ID for this property is 2018006482.