An excellent opportunity to position yourself on McIvor Highway which provides tremendous signage opportunities and exposure to high passing traffic.
Tenant currently in a 5 year lease with a further 5 year lease option
Current rental return - $21,600 p/a + gst & outgoings with CPI increases
Land Area - 1400sqm (approx)
Ample onsite parking available directly servicing each tenancy
Flexible tenancy offering with retail and shedding
DEMOGRAPHICS
Bendigo has a population base of over 112,000 people within a 30km radius. Population growth has reached 1.8% per annum, making Bendigo the fourth fastest growing regional city in Victoria. This growth over recent years has resulted in increased urban development including retail precincts, sporting facilities, housing estates and expanding industrial areas.
*Source 2016 - Regional Development Victoria
*Please note Freehold for sale only - not business's.
