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Impressive 3 Level Office Investment

30-32 Bridge Street , Bendigo VIC

Property Highlights

83% Income Secured To 2024
Tenants Pay Usual Outgoing
Strategic Location In Health Precinct

Description

Renewed 5 year lease to Coliban Water to 2024.
Secure 5 year lease to Dorevitch to 2022 plus options.
Fully redeveloped and upgraded in 2007 – Circa $1.5m.
Tenants pay all usual outs incl land tax.
Large 1,036 sqm commercial 1 zoned site with dual frontage & 16 on-site car spaces.
Impressive 999 sqm 3 level building redeveloped in 2007.
Important location opposite Coliban Water head office, Bendigo Base Hospital recently undergone $630m upgrade.
Greater Bendigo: Vic’s third largest urban centre, a growing population of 116,000+, forecast to increase to 155,000 by 2036.
Net Income: $277,693 pa

Auction 11am AEST Wednesday 7 August 2019
River Room, Crown Casino, Melbourne

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Office
Land Size
1,036 SQM
Building Area
999 SQM

Contact Agent

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