85 Wills StreetBendigo VIC 3550
Property Details for 85 Wills St, Bendigo
85 Wills St, Bendigo is a 3 bedroom, 1 bathroom House. The property has a land size of 361m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 3 bedroom House sold in Bendigo in the last 12 months.
Last Listing description (October 2024)
Located on bustling Wills Street, just moments from the centre of the CBD and one block from Bendigo Marketplace, is this lovely cottage - full of period charm and character. Situated on a corner allotment of 362m2, the property has entrances on both Wills Street and Arthur Street.
This property is perfect for an investor looking for a well-positioned commercial opportunity with guaranteed return or an owner-occupier seeking character-filled real estate to turn into a stunning home. Utilise this well-presented property for business or renovate and restore the residence as a gorgeous home to live in or lease.
Period features can be found throughout, including soaring ceilings, dado wall panelling, timber ceilings, beautiful leadlight windows, classic archways and fireplaces, and warm, original floorboards.
The red brick building offers excellent commercial potential for various uses - suitable for office, medical, allied health or professional services. Requiring a few updates to bring it up to a modern standard, the property has an easily configurable floor plan to meet a range of businesses.
On offer:
- Five generous, private rooms plus a storage room/study
- Gas wall heating
- Reception/lounge space at the rear
- WC and kitchenette space
- Large cellar
- Huge rear yard
- Outdoor storage shed
- Excellent location with good street exposure
- Well-presented brick building on a corner block
- Off-street parking for one vehicle
- Plenty of on-street parking surrounds the property.
There is a low-maintenance front garden which offers a nice, welcoming entryway, as well as secure fencing with a front gate. The rear yard is paved and includes a ramp for accessibility to the back entrance and a large, covered porch area.
Invest in this highly sought-after area of Bendigo; 85 Wills Street offers an excellent opportunity to secure premium commercial real estate or an outstanding period home ripe for restoration.
Property History for 85 Wills St, Bendigo, VIC 3550
- 09 Apr 2024Sold for $765,000
- 06 Dec 2022Listed for Sale $795,000
- 12 Jul 2010Transferred
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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 5,119 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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