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402 Hargreaves Street (Edward Street and Bath Lane)
Bendigo VIC 3550
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Sold on 3 Aug 2023

402 Hargreaves Street (Edward Street and Bath Lane) Bendigo VIC 3550

  • Shop & Retail
  • 1 m²
  • Sold, $2,300,000

Rare 25 Year Lease to 2039 | Iconic Bendigo CBD Freehold

    + Rare 25-year lease to Brewhouse Café & Coffee Roasters to February 2039.
    + Desirable annual CPI reviews.
    + Brewhouse Café & Coffee Roasters: Well-known hospitality group with over 38 years of experience operating across 50 locations state-wide.
    + Landlord-favourable net lease terms with tenant responsible for all usual outgoings excluding Land Tax.
    + Imposing 498 sqm* Commercial 1 Zone (C1Z) site with 64.8m* triple street frontage.
    + Located in the heart of Bendigo CBD, opposite Government DHHS facility and the Bendigo & Adelaide Bank Headquarters.
    + Coles, Dan Murphy?s, JB Hi-Fi, Officeworks, Target, Myer and Bendigo Marketplace Shopping Centre all within 300 metres. *
    + Recently completed developments totalling $242 million in the absolute heart of the Bendigo CBD including $90 million Bendigo Gov-Hub with 1,000 employees and the brand new $152 million Law Court.
    + Bendigo: Booming residential growth location with a 37% increase in median house prices since June 2020. **
    + City of Greater Bendigo: Victoria?s largest inland city with population forecast to grow to over 155,000 by 2036 *** and currently generates $18.6 billion in annual economic output with an estimated 55,242 jobs in the area. ****
    + Potential 50% stamp duty savings. *****
    + Estimated net rent: $109,600 pa + GST.*
    To be sold by Investment Portfolio Auction:
    10:30am AEST
    Wednesday 2 August 2023
    Crown Casino, Melbourne
    *Approximately
    *****
    ***Forecast.id
    **** REMPLAN
    ***** Development Victoria

    AUCTION

    Auction date and time02/08/2023 10:30
    Auction locationCrown Casino - River Room - Melbourne
    Burgess Rawson VIC Pty Ltd
    Burgess Rawson VIC Pty Ltd
    Level 20, 150 Lonsdale Street
    Melbourne, VIC 3000

    Property Highlights

    Date Sold3 Aug 2023
    Sold Price$2,300,000
    Floor Area1 m²
    Land Area498 m²
    ParkingAsk Agent
    Property ID2018613346
    Category
    Last updated  30 Aug 2023
    Map for 402 Hargreaves Street (Edward Street and Bath Lane) Bendigo VIC 3550
    Burgess Rawson VIC Pty Ltd
    Burgess Rawson VIC Pty Ltd
    Level 20, 150 Lonsdale Street
    Melbourne, VIC 3000

    Property Highlights

    Date Sold3 Aug 2023
    Sold Price$2,300,000
    Floor Area1 m²
    Land Area498 m²
    ParkingAsk Agent
    Property ID2018613346
    Category
    Last updated  30 Aug 2023

    Co-Agents

    Jamie Perlinger
    Burgess Rawson VIC Pty Ltd
    Call
    0413 860 315
    Rick Jacobson
    Burgess Rawson VIC Pty Ltd
    Call
    0413 830 083

    More about 402 Hargreaves Street (Edward Street and Bath Lane) Bendigo VIC 3550

    402 Hargreaves Street (edward Street And Bath Lane) Bendigo VIC 3550 is categorized as Shop & Retail Property. It has a floor area of 1 m² and a land area of 498 m². The listing ID for this property is 2018613346.

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