FOR SALE
$250,000 - $270,000 Each

1&2/34 Mackenzie Street
Golden Square VIC 3555

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Land area: 240m2
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Seeing Double? That's Correct, Two Affordable Housing Options!

Offered for sale are 1/34 and 2/34 MacKenzie Street West, Golden Square, two one bedroom townhouses. They are individually titled and there are no owners corporation fees.
This is an increasingly scarce opportunity to secure affordable buying, in a most appealing Bendigo location. You are invited to seek to purchase one, or both properties.
The properties surely represent genuine value for money, and are an exciting prospect for you to enter the market as a first home buyer; or to downsize for retirement. Or you may wish to secure one (or both) of the homes for investment purposes, and offer to the market for rent. They are ideally located and they are so deserving of cosmetic updates to maximise comfort, and rental returns.
Investors will be pleased to know that our team Elders PM expect that there would be a high level of interest from prospective renters in the current market. The appraised rental values are available to you upon request.
Both homes feature open plan living, dining and kitchen areas, a well proportioned bedroom, a laundry, a toilet, and a bathroom. Driveway access to 1/34 is via MacKenzie Street West, and the property measures 240sqm. It has a single, lock up 4.7m x 4.6m garage/workshop with concrete floor, and power. While 2/34 has driveway access from Taylor Street and measures 235sqm. It has a single, lock up 4m x 6.9m garage/workshop with concrete floor, power, and an automatic roller door.
Located a direct 5 minute drive to the CBD of Bendigo, and there is excellent access to the public bus system. There is immediate access to the Bendigo Creek Trail. It's a short walking distance to Golden Square Primary School, Backhaus Oval Reserve, Golden Square Oval, (seasonal) Pool, Bowling Club, and the Wade Street Recreation Reserve. Short driving distance to child care, allied health services, shopping, and dining options.
A copy of the Due Diligence checklist can be found at https://www.consumer.vic.gov.au/duediligencechecklist
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Property Details for 1&2/34 Mackenzie St, Golden Square

1&2/34 Mackenzie St, Golden Square is a 2 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 240m2. The place is currently for sale with Elders Real Estate Bendigo.

Building Type
House
Land Size
240m2

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About Golden Square 3555

The size of Golden Square is approximately 8.5 square kilometres. It has 13 parks covering nearly 2.3% of total area. The population of Golden Square in 2011 was 8,301 people. By 2016 the population was 8,814 showing a population growth of 6.2% in the area during that time. The predominant age group in Golden Square is 20-29 years. Households in Golden Square are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Golden Square work in a professional occupation. In 2011, 64.8% of the homes in Golden Square were owner-occupied compared with 63.3% in 2016.

Golden Square has 5,310 properties. Over the last 5 years, Houses in Golden Square have seen a 54.89% increase in median value, while Units have seen a 46.61% increase. As at 31 July 2024:

  • The median value for Houses in Golden Square is $526,712 while the median value for Units is $369,499.
  • Houses have a median rent of $455 while Units have a median rent of $400.
There are currently 30 properties listed for sale, and 6 properties listed for rent in Golden square on OnTheHouse. According to CoreLogic's data, 231 properties were sold in the past 12 months in Golden square.

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Patrick Skahill
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Elders Real Estate Bendigo
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