OFF MARKET

1 High Street
Bendigo VIC 3550

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 88m2
Land area: 8610m2
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Property Details for 1 High St, Bendigo

1 High St, Bendigo is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1980. The property has a land size of 8610m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in September 2006.

Building Type
Unit
Year Built
1980
Floor Size
88m2
Land Size
8610m2
Local Government
Greater Bendigo
Lot/Plan
2/PS540786

Last Listing description (November 2024)

Bendigo Real Estate is proud to co-represent the vendors of this outstanding opportunity for the owner occupier, investor or AirBNB operator.

Five modern Units, on their own separate titles and on the fringe of Bendigo CBD.

Each Unit has three bedrooms, two bathrooms, a double garage with remote roller door and come fully furnished with gorgeous, quality sofas, occasional chairs, dining settings, bedroom suites, wall art and complementary colours. Split system heating and cooling, quality blinds and pelmets coordinate for pure comfort. Kitchens and bathrooms are in superb condition, in timeless tones with stainless steel appliances.

Units at lot 1, 2 & 3 each have a flexible floorplan. Step through the main door into an entrance foyer. One door leads to the downstairs 1-bedroom Unit with kitchenette, open-plan living and bathroom with corner spa. The second doorway leads to the upstairs two-bedroom accommodation with open plan kitchen/dining/living space, bathroom and balcony. This gives you the flexibility to either rent the Unit out as a 1-bedroom Unit and a separate 2-bedroom Unit to maximise the rental return, or as a 3-bedroom unit. The choice is yours.

units at lot 4 & 5 are also fully furnished with similar furniture, have split systems and a balcony.

These professionally developed properties are well established, yet looking as smart as brand-new builds, thanks to their contemporary design, updated floor coverings and recent internal paintwork.

A short walk to Woolworths supermarket, the beautiful Sacred Heart Cathedral, Central Deborah Gold Mine, and the city beyond, with its bars and restaurants, boutique shops and world-class arts precinct.

Whether you are seeking a quality unit to live in, to rent out long term or short-term accommodation as an AirBNB, these units represent an excellent return on your investment.

Agent in conjunction with Darren Waters at PH Property

Split into Upstairs/Downstairs - Left Hand Side
Lot 1/194 High Street Front - $630,000 - $650,000
Lot 2/194 High Street Middle - $610,000 - $630,000
Lot 3/194 High Street Rear - $610,000 - $630,000

Freestanding - Right Hand Side
Lot 4/192 High Street (Rear) - $650,000 - $670,000
Lot 5/192 High Street (Front) - $640,000 - $660,000

Property History for 1 High St, Bendigo, VIC 3550

A timeline of how this property has performed in the market
Last Sold
$100,000,000
01 Sep 2006
  • 31 Oct 2024
    Listed for Sale Refer to Individual Prices in Description
  • 01 Sep 2006
    Sold for $100,000,000
  • 11 Jun 1992
    Sold for $315,000
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About Bendigo 3550

The size of Bendigo is approximately 5.5 square kilometres. It has 8 parks covering nearly 8.8% of total area. The population of Bendigo in 2011 was 5,774 people. By 2016 the population was 5,534 showing a population decline of 4.2% in the area during that time. The predominant age group in Bendigo is 20-29 years. Households in Bendigo are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Bendigo work in a professional occupation. In 2011, 54% of the homes in Bendigo were owner-occupied compared with 53.7% in 2016.

Bendigo has 5,118 properties. Over the last 5 years, Houses in Bendigo have seen a 38.62% increase in median value, while Units have seen a 62.26% increase. As at 31 October 2024:

  • The median value for Houses in Bendigo is $553,490 while the median value for Units is $425,996.
  • Houses have a median rent of $470 while Units have a median rent of $440.
There are currently 48 properties listed for sale, and 14 properties listed for rent in Bendigo on OnTheHouse. According to CoreLogic's data, 160 properties were sold in the past 12 months in 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.