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$402,783* per annum return!
* Major CBD corner location with established tenants and favourable zoning allowing development up to 20 metres (STCA)
* Currently providing a net annual income of $402,783* (before land tax) through 7 separate tenancies, including national retailers Endota Spa, Aplifon & APM.
* 70m* combined corner frontage to Lyttleton Terrace & Williamson Street, two of the Bendigo CBD's main arterial roads, providing excellent retail exposure with high levels of passing foot & vehicle traffic.
* 2,150m2* Commercial 1 Zone spread across two titles, with 1,592m2* of Building area.
* Situated between Coles Supermarket (75m*), the popular Hargreaves Mall (125m*) & the highly anticipated Bendigo GovHub development (100m*). - The $90m construction of the new Bendigo GovHub building is set to centralise a range of government services and will accommodate ~1000 government employees. The direct proximity of this project is anticipated to be a major driver of activity and foot traffic.
* Currently providing a net annual income of $402,783* (before land tax) through 7 separate tenancies, including national retailers Endota Spa, Aplifon & APM.
* 70m* combined corner frontage to Lyttleton Terrace & Williamson Street, two of the Bendigo CBD's main arterial roads, providing excellent retail exposure with high levels of passing foot & vehicle traffic.
* 2,150m2* Commercial 1 Zone spread across two titles, with 1,592m2* of Building area.
* Situated between Coles Supermarket (75m*), the popular Hargreaves Mall (125m*) & the highly anticipated Bendigo GovHub development (100m*). - The $90m construction of the new Bendigo GovHub building is set to centralise a range of government services and will accommodate ~1000 government employees. The direct proximity of this project is anticipated to be a major driver of activity and foot traffic.
All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.
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