OFF MARKET

24 Hopetoun Street
Bendigo VIC 3550

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 995m2
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Property Details for 24 Hopetoun St, Bendigo

24 Hopetoun St, Bendigo is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 995m2.

Building Type
Unit
Land Size
995m2
Local Government
Greater Bendigo
Lot/Plan
1/PS530120

Last Listing description (March 2019)

Proximity to major Bendigo infrastructure is an important consideration when purchasing an investment property making this development possibly one of Bendigo's best.
Situated a mere 500 metres to the CBD; the 5 units have easy access to all city facilities and attractions including shopping, the new hospital, Lake Weeroona, schools and sporting venues.
Thanks to the prime position, all 5 units have a strong and consistent rental history providing the owner with a great income stream of $1,180per week.

The front block of three units, built in the 1960's, offers basic accommodation with two bedrooms (BIR), bathroom, combined living and dining with a compact kitchen and could use some refurbishment. The 2 larger, free standing rear units were added much later and are in excellent condition with two bedrooms (BIR), modern bathroom, separate laundry, spacious living room, light-filled kitchen and dining area opening to a small yard.
Each unit includes an undercover parking space.
Offered for sale as a whole, the units are separately titled and metered with all rentals due for review.
Individual details below;
*Unit 1 - currently leased $230pw
*Unit 2 - currently leased $220pw
*Unit 3 - currently leased $210pw
*Unit 4 currently leased $260pw
*Unit 5 currently leased $260pw

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Property History for 24 Hopetoun St, Bendigo, VIC 3550

A timeline of how this property has performed in the market
Listed for Rent
$220/w
08 Jul 2015
  • 08 Jan 2019
    Listed for Sale $1,220,000
  • 08 Jul 2015
    Listed for Rent $220 / week
  • 14 May 2015
    Listed for Rent - Price not available

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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 5,118 properties.

    There are currently 40 properties listed for sale, and 12 properties listed for rent in Bendigo on OnTheHouse. According to CoreLogic's data, 150 properties were sold in the past 12 months in Bendigo.

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