FOR SALE
Auction Price Guide $1,000,000 - $1,100,000

5/91 - 109 Allingham Street
Golden Square VIC 3555

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 3018m2
Land area: 3018m2
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Bendigo's Premium Industrial Estate - Only 1 Lot Available!

Don't miss out on this incredible opportunity to own a prime piece of Industrial 1 zoned land in the sought-after area of Golden Square. This property, located at Lot 5, 91 - 109 Allingham Street, offers endless possibilities for development and investment.
Nestled in the heart of Bendigo, this property offers unparalleled business exposure and convenience. Perfectly positioned on the Melbourne side of Bendigo, with convenient access to the Calder and only 5km to Bendigo's CBD, this is a prominent and convenient location for a variety of Commercial and Industrial purposes.
Bendigo currently has a drastic undersupply of Industrial land, causing a reported 260% increase in Industrial asset median values since 2020. Research for the City of Greater Bendigo's new Industrial Land Development Strategy has identified a significant future shortfall in industrial land by 2032; in particular land areas of between one to five hectares are forecast to run out by 2027.
New findings from the Needs and Gaps Analysis report confirmed Greater Bendigo's current supply of an estimated 120 hectares of available industrial land will be exhausted by 2032. Greater Bendigo has four times less zoned industrial land than both Geelong and Ballarat. Don't miss out on this rare opportunity to secure a prime piece of Industrial land in an established and central location.
+Irreplaceable 3018 sqm* Industrial 1 Zone site.
+13m road width accessing B-double truck route.
+Cleared, ready to build with all services connected.
+Custom Land and Shed packages available.
+Prime position amongst other established Industrial Businesses.
+Recently completed developments totalling $242 million in the heart of the Bendigo CBD including $90 million Bendigo Gov-Hub with 1,000 employees and the brand new $152 million Law Court.***
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Property Details for 5/91 - 109 Allingham St, Golden Square

Building Type
Commercial
Floor Size
3018m2
Land Size
3018m2

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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 5,311 properties. Over the last 5 years, Houses in Golden Square have seen a 55.60% increase in median value, while Units have seen a 40.95% increase. As at 31 August 2024:

  • The median value for Houses in Golden Square is $526,881 while the median value for Units is $369,374.
  • Houses have a median rent of $460 while Units have a median rent of $400.
There are currently 30 properties listed for sale, and 3 properties listed for rent in Golden square on OnTheHouse. According to CoreLogic's data, 213 properties were sold in the past 12 months in Golden square.

Suburb Insights for Golden Square 3555

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Jordan Gardner
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Ray White Bendigo
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.