VICTORIA'S PREMIUM INVESTMENT OPPORTUNITY
267-275 Lyttleton Te 49-55 Williamson Street, Bendigo VIC 3550
Opportunity of a Lifetime
RetailSize: n/a
Block size: 2150 m² approx.Retail size: 2150 m² approx.
The Phone Code for this property is: 19703. Please quote this number when phoning or texting.
We are pleased to present for sale 267-275 Lyttleton Terrace & 49-55 Williamson Street, Bendigo offered together or separately.
- Major CBD Bendigo corner with longstanding tenants, well suited to investors together with developers/occupiers looking to capitalise on strategic development clauses
- Currently providing a net annual income of $423,000* (before land tax) or 6-7% YIELD through 7 separate tenancies, including national retailers Endota Spa, Aplifon, APM & The Complete Garden
- 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
- An expansive underlying landholding of 2,150sqm* spread across two separate titles provides valuable flexibility for groups looking to add value
- Strategic development clauses allow developers/owner occupiers the opportunity to access the property prior to the expiry of select leases. These clauses are further complemented by favourable zoning allowing development up to 20 metres* (STCA)
- Bookended between Coles Supermarket (75m*), the popular Hargraves 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 creating a one stop shop for customers. The direct proximity of this project is anticipated to be a major driver of activity and foot traffic
- With a total population of ~122,000 Bendigo ranks as Australia's 4th largest inland city and the 4th most populated city in Victoria. - Bendigo has seen a substantial 29% rise in median house price from 2018, with majority of the increase occurring throughout 2020 in line with the increased demand for regional real estate - ****
- Spread across two (2) separate titles the property can be purchased in two (2) separate parts or together
*Approx.
267-275 Lyttleton Terrace & 49-55 Williamson Street, Bendigo are For Sale. To obtain further information or to arrange an inspection, please contact the exclusive selling agent
We are pleased to present for sale 267-275 Lyttleton Terrace & 49-55 Williamson Street, Bendigo offered together or separately.
- Major CBD Bendigo corner with longstanding tenants, well suited to investors together with developers/occupiers looking to capitalise on strategic development clauses
- Currently providing a net annual income of $423,000* (before land tax) or 6-7% YIELD through 7 separate tenancies, including national retailers Endota Spa, Aplifon, APM & The Complete Garden
- 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
- An expansive underlying landholding of 2,150sqm* spread across two separate titles provides valuable flexibility for groups looking to add value
- Strategic development clauses allow developers/owner occupiers the opportunity to access the property prior to the expiry of select leases. These clauses are further complemented by favourable zoning allowing development up to 20 metres* (STCA)
- Bookended between Coles Supermarket (75m*), the popular Hargraves 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 creating a one stop shop for customers. The direct proximity of this project is anticipated to be a major driver of activity and foot traffic
- With a total population of ~122,000 Bendigo ranks as Australia's 4th largest inland city and the 4th most populated city in Victoria. - Bendigo has seen a substantial 29% rise in median house price from 2018, with majority of the increase occurring throughout 2020 in line with the increased demand for regional real estate - ****
- Spread across two (2) separate titles the property can be purchased in two (2) separate parts or together
*Approx.
267-275 Lyttleton Terrace & 49-55 Williamson Street, Bendigo are For Sale. To obtain further information or to arrange an inspection, please contact the exclusive selling agent
Inspections
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Key details
Property type:
Retail
Block Size:
2150 m²*
Other Details
Retail Size:
2150 m²*
*These are approximate values based on available information.
Maps and area information
Block information
Block size: 2150m² (approx)
No block information available
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SummaryMedian sales
Average Age
44 years
Population
5,652
Listing ID: 181118112. This listing has been viewed 48 times. It was first displayed on 04/11/2022 and last updated on 30/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.