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Request an appraisalProperty ID: 1P15811
26-28 Mitchell Street Cnr 333-335 Hargreaves Bendigo VIC
$1,350,000.00 - $1,475,000.00 plus GST
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Retail
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For Sale
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380 sqm
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287 sqm
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Commercial 1
HIGH PROFILE INVESTMENT OPPORTUNITY
Situated on a high profile and prominent corner immediately adjacent to the Hargreaves Pedestrian Mall, this two storey brick federation style building presents many period style ornate features including a large clock inset into the corner façade complimented by a reproduction steel verandah.
Part of the property is currently leased to a long standing tenant with the prominent corner position and upstairs portion of the property currently vacant, offering the new owner opportunity to install a lift and develop the property, making a great apartment or first floor office (STCA). The ground floor could be retained for commercial use.
The first floor is currently accessed via an internal staircase with an additional back staircase outside. Included on the title is an external outbuilding and yard space accessed via a driveway from Hargreaves Street. Hargreaves Street provides ample timed on street parking (2-hour limit) with side and centre road parking for public use.
CURRENT PROPERTY DETAILS –
1st Tenancy (30.2m2)
- 10 year lease from 1/10/2015
- Current Rent $14,574.76pa plus GST
2nd Tenancy (190.37m2)
- 2 year lease from 01/07/2024 with a 3 year option
- Current Rent $22,000pa plus GST
3rd Property (112.7m2)
- Currently Vacant
- Available to lease $45,000pa plus GST
Part of the property is currently leased to a long standing tenant with the prominent corner position and upstairs portion of the property currently vacant, offering the new owner opportunity to install a lift and develop the property, making a great apartment or first floor office (STCA). The ground floor could be retained for commercial use.
The first floor is currently accessed via an internal staircase with an additional back staircase outside. Included on the title is an external outbuilding and yard space accessed via a driveway from Hargreaves Street. Hargreaves Street provides ample timed on street parking (2-hour limit) with side and centre road parking for public use.
CURRENT PROPERTY DETAILS –
1st Tenancy (30.2m2)
- 10 year lease from 1/10/2015
- Current Rent $14,574.76pa plus GST
2nd Tenancy (190.37m2)
- 2 year lease from 01/07/2024 with a 3 year option
- Current Rent $22,000pa plus GST
3rd Property (112.7m2)
- Currently Vacant
- Available to lease $45,000pa plus GST
Features
- Air Conditioning
- Close to Shops
- Close to Transport
- Toilet Facilities
Are you thinking of selling or wanting to know the value of your home or investment property in the current market?
Please click the below link to request an appraisal with one of our friendly and experienced team members.