65 Williamson StreetBendigo VIC 3550
Property Details for 65 Williamson St, Bendigo
Last Listing description (February 2020)
FOR SALE:
Zoned: Commercial 1 comprising 6 titles totalling 3,179M2
Advantage of 2 street frontages to assist with future development potential
Rear title facing St. Andrews Avenue with 20M2 frontage
3 Separate tenancies - Significant low risk investment
Total building size approx. 1,766M2 plus 32 onsite carparks
This significant and unique property has had a very long term ownership and is being offered
for sale for the first time in approximately 100 years. With all tenancies recently refurbished, the property is offered for sale in excellent condition throughout and provides a fantastic rental
investment return. The massive upside to this property is the potential for future further development (stca) with Bendigo's population expected to expand rapidly over the next few decades. This is a once in a lifetime opportunity to purchase one of Bendigo's premier properties in a fantastic central business location and with the huge bonus of 2 street frontages.
Property History for 65 Williamson St, Bendigo, VIC 3550
- 12 Jun 2024Sold for $206,250
- 28 Nov 2019Sold for $3,750,000
- 03 Sep 2019Transferred
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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 5,121 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.
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