117 Mitchell StreetBendigo VIC 3550
Property Details for 117 Mitchell St, Bendigo
117 Mitchell St, Bendigo is a 12 bedroom, 4 bathroom Unit with 7 parking spaces. The property has a land size of 680m2. While the property is not currently for sale or for rent, it was last sold in August 2021.
Last Listing description (August 2021)
Property Zoned Commercial 1
Multi-Purpose CBD property with endless possibilities. This double story property, with additional basement area access, is situated on Mitchell Street directly opposite Marketplace Shopping Complex, Bendigo Train Station and hosts a bus stop right outside. On an approximately 644sqm lot, there are 13 bedrooms, 2 kitchens, 4 showers, 5 toilets, and an historic stable building adding to its charm. A range of access options make mixed use of the property a breeze, with two entries facing Mitchell Street, laneway down the side and rear entry gate. Most impressively for an inner-city block, it provides off street parking for 6-7 cars.
Walking through the entrance of the main house, the high ceilings and wide corridor give a beautiful sense of space and grandeur. This impressive architectural display of 1900s Bendigo is found throughout the property - from numerous double glazed windows with original lead lighting, solid brick structure, internal wooden ceilings, solid wooden boards just waiting to be brought back to life, and yesteryear double story stables ready to be brought back to their former glory. Three bedrooms have interconnecting doors, to create adjoining bedrooms if required. 10 of the 13 bedrooms also have blocked fireplaces, longing to roar back to life.
Modern conveniences are tastefully found amongst the historic charm. Ceiling fans can be found throughout, hydraulic heating in the bedrooms, and double glazed windows at the front of the property provide energy efficiency and a sound barrier to the street outside. The first floor hosts an impressive balcony with original lace work and crim mesh safety barrier. Outdoors, there is a wooden seating area with electric barbecue and huge mature palm tree.
Nestled amongst retail shops in the heart of the city and currently used as a fully licensed boarding house, this property could become an exclusive B & B, a grand private residence or a beautiful suite of offices. The property is being sold as is, with all furniture, white goods and household items included creating a smooth changeover for a prospective investor.
Properties in this sought-after location are not available often, or for long. This is a unique opportunity to own a great sized piece of Bendigo's history - wait and you will miss out.
Property History for 117 Mitchell St, Bendigo, VIC 3550
- 30 Aug 2021Sold for $1,300,000
- 29 Mar 2021Listed for Sale AUCTION
- 04 May 2019Transferred for $970,000
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0About 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 5,124 properties. Over the last 5 years, Houses in Bendigo have seen a 41.15% increase in median value, while Units have seen a 71.46% increase. As at 31 August 2024:
- The median value for Houses in Bendigo is $569,863 while the median value for Units is $452,846.
- Houses have a median rent of $460 while Units have a median rent of $430.
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