Positioned on a prominent corner allotment along one of Bendigo's major arterial roads, this exceptional commercial investment presents a rare opportunity to secure a high-profile landholding with a strong holding income and significant future potential.
Set on a substantial 2,185m² corner site, the property features a well-presented 730m² showroom that is securely leased to an established tenant, returning $71,500 per annum with the current lease in place until 8 March 2029.
Whether you're seeking a quality investment or a strategic landholding with future redevelopment upside, this property offers outstanding flexibility in a highly visible location.
Property Highlights:
• Prominent corner allotment of 2,185m² (approx.)
• Substantial 730m² showroom/building (approx.)
• Securely leased to an established tenant
• Returning $71,500 per annum
• Lease expiry 8 March 2029
• Excellent exposure to high volumes of passing traffic
• Ample on-site parking and easy vehicle access
• Outstanding future development potential (STCA)
With its generous corner configuration and excellent exposure
With its generous corner configuration and excellent exposure, the site may also suit a range of future commercial uses, including drive-through fast food, retail, or other commercial developments, subject to Council approval (STCA).
This is an outstanding opportunity for investors, developers, and owner-occupiers looking to secure a premium commercial asset in a tightly held location with immediate income and exciting long-term prospects.
For further information or to arrange an inspection, contact the exclusive selling agent today.