18 Waterloo St, Bendigo is a 5 bedroom, 3 bathroom Unit with 1 parking spaces and was built in 1900. The property has a land size of 625m2 and floor size of 256m2. While the property is not currently for sale or for rent, it was last sold in February 2020.
This is an incredibly unique opportunity for a buyer to enjoy luxury living in the bluest of blue-chip areas Bendigo has to offer, alongside the added bonus of separate cottage use, to sell or rent. Surrounded by some of the city’s most beautiful and historic properties, and just one block from the new hospital precinct, this is a rare chance to enjoy CBD living with space and style.The property as it currently sits enjoys three separate residences that would serve as a quality investment portfolio in their own right. Facing the highly-sought after Barkly Street are two occupancies: a charming one-bedroom cottage with a fence separating it from the main house and, on the lower level of the house on Barkly Street, a two-bedroom, one-bathroom home with large living room, light and bright kitchen, built-in storage and outdoor patio. Upstairs, with a separate entrance off Waterloo Street, is the remaining residence offering two large bedrooms, private rear balcony, lounge with open fireplace, kitchen, bathroom and laundry.Stunning plans have been created, providing the buyer with everything required to turn this period residence into a modern, high-end, executive family home. The new build would transform the property, creating a four-bedroom, three-bathroom home with ample living space, including a pool outdoors. Subdivision of the title and minor renovations of the adjoining cottage, would provide an abundance of choice and additional income for the purchaser. Additional features include:Architecturally designed plans for both main house and cottage Period features including timber flooring, high ceilings, marble and tiled timber mantels, decorative cornice, and stained-glass windows and doorsOff-street parking for both main house and cottageEstablished gardenWalk to city centre and all amenitiesThis property is ideal for a buyer looking to create a high-end home with all the benefits of Bendigo’s historic character, both within the property and its surrounds. With all the hard work of plans in place, this is a project that could provide the buyer with an incredible lifestyle, alongside the added bonus of a separate cottage that would offer the perfect granny flat, workspace, rental income or separate sale. Walking distance to city, schools, theatres, shops, restaurants and hospital ensures this location of the distinctive offer is second to none.
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 5,121 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:
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