OFF MARKET

192 Barnard Street
Bendigo VIC 3550

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 136m2
Land area: 617m2
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Property Details for 192 Barnard St, Bendigo

192 Barnard St, Bendigo is a 3 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1880. The property has a land size of 617m2 and floor size of 136m2. While the property is not currently for sale or for rent, it was last sold in March 2018.

Building Type
Townhouse
Year Built
1880
Floor Size
136m2
Land Size
617m2
Local Government
Greater Bendigo
Lot/Plan
1/TP685415

Last Listing description (May 2018)

"DAMIANI"

This could be the most exciting opportunity the central Bendigo market has offered up in years! Superbly located in prime position opposite the Queen Elizabeth Oval, "Damiani" lies on the doorstep of the famous Arts Precinct, a short stroll down View Street to the beautiful Rosalind Park, and a stone's throw to the Bendigo CBD and its boutique shops, cafes and restaurants. And not to mention right between the two hospitals!

Originally built as one grand Victorian Home, the building was later (approx. 70 - 80 years ago) modified and converted into two separate apartments for two sisters. Today, "Damiani" offers the astute buyer a plethora of options, and is nothing short of a salivating prospect for occupiers, investors or seasoned developers alike. Now is your opportunity to re-develop, renovate, convert or sub-divide (STCA) to whatever your dreams and imagination allow.

In its present form, the building is configured into two separate apartments over two levels. Both are currently leased, with the upstairs lease due to expire in Feb 2018 and the ground floor lease in Oct 2018. Having been updated over the years and presenting in reasonable order throughout, they will continue to be desirable in their present form providing you a solid income whilst you settle on what to do. Each apartment boasts a floor plan consisting of three bedrooms, one bathroom, spacious living room, galley kitchen and external laundry, giving you a combined six bedrooms, two bathrooms, 2 living rooms and two kitchens.

Externally, the property features rear access to Rosalind Street where loads of off street parking is available. Think of it as a blank canvas to nurture your ideas for a stunning inner city residence or to sub divide and build another townhouse (STCA).

This is an extremely rare and exciting opportunity indeed that is sure to create a buzz in the Bendigo market. Featuring city convenience with a view, this is a must to inspect as it really is the sort of property you wait a lifetime to come along. So don't miss out and call now to arrange an appointment (subject to tenants availability)

For Sale By Tender
Closing date for tenders - Monday 5th March at 4:00pm.
Terms of Sale - 30/60 days
1% deposit of offer price to accompany signed tender documents (cheque form accepted).
Balance of 10% deposit due immediately upon acceptance of offer.
Tender documents available for collection at PH Property.

Property History for 192 Barnard St, Bendigo, VIC 3550

A timeline of how this property has performed in the market
Last Sold
$780,000
08 Mar 2018
  • 08 Mar 2018
    Sold for $780,000
  • 01 Feb 2018
    Listed for Sale By Tender
  • 20 May 2008
    Sold for $470,000
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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 5,121 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:

  • 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 47 properties listed for sale, and 15 properties listed for rent in Bendigo on OnTheHouse. According to CoreLogic's data, 161 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.