168A High StreetBendigo VIC 3550
Property Details for 168a High St, Bendigo
168a High St, Bendigo is a 2 bedroom, 1 bathroom Townhouse with 2 parking spaces. The property has a land size of 488m2 and floor size of 88m2.
Last Listing description (December 2017)
This property oozes appeal and flexibility for the astute investor or commercial prospector with its single fronted Commercial 1 zoned shop front and separate two bedroom trendy, private townhouse with access from Violet Street.
THE SHOPFRONT:
Approx. 100m2 of commercial building including large open-plan shop front, separate office, copy room and tea room. There is a modern unisex toilet and basin and down stairs there is a large cellar or storage facility. The property has been fully networked and there is a large reverse-cycle split system. The building was totally renovated approximately 10 years ago. Currently let to long-term tenants with three options of two years on the lease at $285pw+GST.
It is modern and it oozes style, it was built in 2005 and has kept very well. The design features a large open-plan living/meals/kitchen area with dark stained Tasmanian Oak floors, stainless appliances including dishwasher and dark cabinetry in the kitchen, high ceilings with square-set cornice and a large split system. The bathroom features a corner spa with shower, toilet, large basin and good vanity storage. The main bedroom contains a wall of built in robes and a split system air conditioner, the second bedroom has a smaller built in robe and split system. Behind is the double carport with its own private tree lined entry from Violet Street.
Currently let at $280pw.
This is a real opportunity to invest in a property with commercial and residential tenancies, with solid reliable tenants and minimal hassle.
The location is second to none being a short walk to the fountain, great commercial frontage on High Street and a quite tucked-away townhouse in the heart of Bendigo.
Property History for 168a High St, Bendigo, VIC 3550
- 17 Sep 2015Listed for Sale $565,000
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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 5,119 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.
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