Exceptional Multi-Income Opportunity in the Heart of Bendigo

In-Room Auction: Ray White Bendigo, 27 Queen Street, BENDIGO VIC

This outstanding multi-dwelling property presents a rare and highly versatile investment opportunity, delivering strong immediate returns with significant upside potential. Comprising three separate dwellings on one title, the property offers flexibility rarely found in such a tightly held inner-city location.

The site includes a 4-bedroom period residence, a 2-bedroom unit, and a 1-bedroom unit, providing a total of 7 bedrooms, 3 bathrooms, and 6 car spaces. With three separate power meters, tenant management and billing are straightforward and efficient. The property has the potential to generate an impressive weekly income of $1,400 ($72,800 per annum), making it an ideal acquisition for investors seeking strong cash flow from day one.

Beyond the solid returns, the property offers a wealth of future potential. There is scope to renovate and reposition to further enhance value, explore Airbnb or short-stay accommodation for premium yields, or investigate rooming house or commercial/mixed-use opportunities (STCA). The flexible layout and prime positioning open the door to a variety of strategic options to suit your investment goals.

Perfectly positioned within walking distance of Bendigo's CBD, the location is second to none-offering immediate access to cafés, restaurants, retail, transport, health services, education precincts, and major employment hubs. This strategic inner-city setting ensures ongoing demand and long-term growth appeal.

A truly rare multi-income, multi-use investment in one of Bendigo's most dynamic and rapidly evolving growth corridors-opportunities like this are increasingly scarce. Enquire today to secure this exceptional asset.

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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School catchments

St Kilian's School Primary Prep-6 Catholic 0.31km
Bendigo Senior Secondary College Secondary 10-12 Government 0.67km
Bendigo Senior Secondary College-Netschool Campus Secondary Government 0.68km
Camp Hill Primary School Primary Prep-6 Government 0.78km
Crusoe 7-10 Secondary College Bendigo Teaching Unit Secondary Government 1.1km
SEDA College (Victoria) - Multi Bendigo Secondary Independent 1.1km
Catherine McAuley College Secondary 7-12 Catholic 1.3km
Girton Grammar School Combined Prep-12 Independent 1.5km
St Therese's School Primary Prep-6 Catholic 1.5km
Girton Grammar School - Junior School Combined Independent 1.6km
St Joseph's School Primary Prep-6 Catholic 1.7km
Creek Street Christian College Combined Prep-12 Independent 1.8km
St Peter's School Primary Prep-6 Catholic 1.8km
Bendigo Primary School Primary Prep-6 Government 2.0km
Weeroona College Bendigo Secondary 7-12 Government 2.1km
Quarry Hill Primary School Primary Prep-6 Government 2.2km
Kennington Primary School Primary Prep-6 Government 2.3km
Bendigo South East 7-10 Secondary College Secondary 7-10 Government 2.5km
Kennington Primary School-Bendigo Deaf Facility Primary Government 2.6km
Lightning Reef Primary School Primary Prep-6 Government 2.7km
Golden Square Primary School Primary Prep-6 Government 3.1km
Specimen Hill Primary School Primary Prep-6 Government 3.5km
Victory Christian College Combined Prep-12 Independent 3.8km
Eaglehawk Secondary College Secondary 7-10 Government 4.5km
Catherine McAuley College - Coolock Campus Secondary Catholic 4.9km
Weeroona College Bendigo - Bendigo FLO Secondary Government 5.8km
OneSchool Global Vic - Bendigo Centre Combined Independent 5.9km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

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