100 Harpin Street

East Bendigo VIC 3550

+ Bendigo Distribution Services: Trading for over 30 years, delivering newspaper and magazines to over 100 retailers and 5,000 homes daily throughout Bendigo, Castlemaine and Maldon.
+ Evolving company: In 2021, Bendigo Distribution Services introduced packaging supplies to their distribution network, including hospitality consumables, cleaning products and industrial supplies.
+ Well presented 815sqm* dispatch centre and warehousing facility, including office, showroom and storage facilities.
+ Significant 2,691sqm* landholding with huge 44.5m* frontage to Harpin Street.
+ Direct access to major arterial roads Strikland Road and Chapel Street, providing easy entrance to Bendigo CBD (2km*) and Bendigo Airport (1.5km*).
+ Landlord preferred net lease terms with the tenant paying all usual outgoings, including land tax.
+ Annual fixed 2.5% rental increases, assuring rental growth.
+ Recently completed developments totalling $242 million in the heart of the Bendigo CBD including $90 million Bendigo Gov-Hub with 1,000 employees and the brand new $152 million Law Court.**
+ Bendigo: Booming residential growth location with a 38% increase in median house prices since September 2020. ***
+ City of Greater Bendigo: Victoria's largest inland city with population forecast to grow to over 155,000 by 2036 **** and currently generates $18.6 billion in annual economic output with an estimated 55,242 jobs in the area. *****
+ Potential 50% stamp duty savings.
+ Net Rent: $68,000 pa* + GST.

To be sold via Investment Portfolio Auction 165
10:30am (AEDT) Wednesday 6 December 2023
Crown Casino, River Rooms Melbourne

For further information, please contact the exclusive selling agents below:

SHAUN VENABLES
0411 860 865
svenables@burgessrawson.com.au

JAMIE PERLINGER
0413 860 315
jperlinger@burgessrawson.com.au

ROMANOR FALCONER
0413 830 808
rfalconer@burgessrawson.com.au

*Approx
** Development Victoria
*** ***
**** forecast.id
***** remplan