132 Water St, Bendigo is a 4 bedroom, 1 bathroom House and was built in 1940. The property has a land size of 451m2 and floor size of 143m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 4 bedroom House sold in Bendigo in the last 12 months.
Framed by old English Elms, is this remarkable inner city allotment with planning permission in place for demolition of the existing dwelling and the development of a high-end two-storey residence, the new owner could easily look at building the approved mixed use plans and complete the vision.
Alternatively, the existing California Bungalow will appeal to a buyer seeking a character-filled home with a spacious footprint. Although in need of updating, the existing home has great bones and offers concrete stumps so you can focus on the cosmetic renovation. Featuring generously proportioned rooms, and original heritage features such as high ceilings, sash windows, leadlight detail, and decorative cornice - an inspection will delight.
Regardless of which direction you choose, this property offers a leafy outlook, and a premium inner-city location within walking distance to all city amenities, all you need is at your doorstep.
Excellent central locale: walking distance to CBD, Bendigo Health precinct, Lake Weeroona, Ulumbarra Theatre, the QEO and Faith Leech Aquatic Centre; adjacent the Tom Flood Centre and The Bridge Hotel.
Additional features:
- Mixed use zoning (Residential and Commercial)
- Private rear garden with established trees
- Off-street car parking
- Excellent tenant in place until 5th April 2024 paying $300 per week
This exceptional inner-city property offers so much potential, an inspection will impress.
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 5,107 properties. Over the last 5 years, Houses in Bendigo have seen a 38.78% increase in median value, while Units have seen a 66.42% increase. As at 30 September 2024:
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