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Property ID: 1P12617

434 - 436 Hargreaves Street Bendigo VIC

$ 605,000
  • Offices
  • Sold
  • 509 sqm
  • 707 sqm
TWO TITLES, ONE CBD INVESTMENT
They might look like an odd couple, but these neighbouring commercial properties offer an ideal investment to get maximum exposure for your business.
When looking for commercial property, location and parking are high on the list and these two emphatically tick those boxes.
Positioned in a tightly held strip of high profile real estate on the edge of the Bendigo CBD, the
separately titled properties are offered as a whole.
Both are zoned Commercial 1 Zone (C1Z) with plenty of passing foot and vehicle traffic and the added bonus of onsite parking for twelve cars.
434 Hargreaves Street (approx. 253m²)is an older style home circa 1950's featuring large reception area, 3 office spaces, laundry and bathroom and number 436 Hargreaves Street (approx. 509 m2) is a weatherboard Federation style comprising 5 large office spaces, waiting room, kitchenette and WC. The total land area is a generous 762 m2 approx.
Both properties have solid rental histories with current rental appraisals at approx. $310pw ($16,110 + outgoings) for 434 and $385 ($20,000 + outgoings) for 436.
The site lends itself to any number of development opportunities (STCA) renovate/extend the current buildings for business and/or home, develop the site into something grand like shop-top housing or simply buy and hold to capitalise at a later date.
Entrepreneurs searching for a slice of high traffic, commercial property in a strong community, this is your chance.
Contact the exclusive listing agent Kaye Lazenby to book your inspection today.

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