SOLD
Sold on 31 Jan 2024 for $800,000

83 Wills Street
Bendigo VIC 3550

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 116m2
Land area: 377m2
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Property Details for 83 Wills St, Bendigo

Building Type
Commercial
Floor Size
116m2
Land Size
377m2
Local Government
Greater Bendigo
Lot/Plan
1/TP818128

Last Listing description (July 2023)

Situated on popular Wills Street in the Bendigo CBD, this period property offers an outstanding opportunity for businesses, investors or savvy renovators. Utilise this lovely red brick property for a range of business uses or renovate and restore the abode as a character-filled home to live in or offer as a long- or short-term lease.

Period details give the house a unique and charming quality, including soaring ceilings, dado wall panelling, timber ceilings, beautiful leadlight windows, classic archways and fireplaces, and warm, original floorboards.

With the potential for various commercial uses suitable for office, medical, allied health or professional services the property is well set up for a local business ready to move in.

Are you looking for a period cottage to renovate and restore? This property offers a great opportunity as a potential home with a good, flexible floorplan, large rooms and plenty of space to utilise.

On offer:
Five generous, private rooms
Gas ducted heating
Split systems in every room
Bathroom with shower, toilet and vanity
Generous kitchenette
2nd WC outside
Rear alfresco with deck
Large rear yard
Outdoor storage shed
Excellent location with good street exposure
Well-presented brick building
Off-street parking via roller door from rear laneway access
Plenty of on-street parking surrounds the property.

The property also features a neat and tidy front yard maintenance with a secure front fence and gate.

This is an excellent opportunity to invest in a highly sought-after area of Bendigo, offering excellent exposure for a local business. This is premium Bendigo real estate, ripe for a range of uses and opportunities.

Property History for 83 Wills St, Bendigo, VIC 3550

A timeline of how this property has performed in the market
Last Sold
$800,000
31 Jan 2024
  • 31 Jan 2024
    Sold for $800,000
  • 06 Dec 2022
    Listed for Sale $795,000 - $850,000
  • 05 May 2003
    Sold for $255,000
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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 5,122 properties. Over the last 5 years, Houses in Bendigo have seen a 38.78% increase in median value, while Units have seen a 66.42% increase. As at 30 September 2024:

  • The median value for Houses in Bendigo is $550,901 while the median value for Units is $427,929.
  • Houses have a median rent of $460 while Units have a median rent of $435.
There are currently 36 properties listed for sale, and 11 properties listed for rent in Bendigo on OnTheHouse. According to CoreLogic's data, 159 properties were sold in the past 12 months in Bendigo.

Suburb Insights for Bendigo 3550

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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.