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Sold on 22 Mar 2024 - Price Unavailable

24 Hesling Court
East Bendigo VIC 3550

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 3226m2
Land area: 10152.0412m2
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Property Details for 24 Hesling Ct, East Bendigo

Building Type
Commercial
Floor Size
3226m2
Land Size
10152.0412m2

Last Listing description (March 2024)

Ray White Commercial in conjunction with Ray White Rural is delighted to present 24 Hesling Court, East Bendigo to market for sale via Expressions of Interest closing on Thursday, 29th February 2024 at 12pm (AEDT).

This exceptional investment opportunity within the core of the coveted East Bendigo industrial precinct, will be offered via sale and lease back to one of the area's leading commercial enterprises, The Truss Joint. The vendor's circumstances require that the property must be sold.

This significant asset encompasses an expansive land area of 1.02 hectares* and showcases two substantial industrial structures, collectively constituting a generous gross floor area of 3,226 square meters*.

Located in the epicentre of the East Bendigo industrial precinct, the property benefits from easy proximity to the Bendigo airport, the town centre of Bendigo, and notably, the Bendigo train station - an integral component of the illustrious $5 billion Regional Railway Link, a visionary project that reached completion in 2015.

Additional highlights include:

• 1.02 ha* of land
• Attractive Industrial 1 Zone (IN1Z)
• Passing return of $299,209.10 + GST p.a.* to established operator with long tenure
• 2 x industrial sheds in immaculate condition with a combined gross floor area of 3,226 sqm*
• 2.1km* to Bendigo Airport
• Strategically located within the heart of the East Bendigo industrial precinct
• 10 minutes* from the Bendigo Marketplace (5.3km*)
• 1hr 40 minutes* northwest from Melbourne Airport (140km*)
• 1hr 55 minutes* northwest from Melbourne CBD (159km*)
24 Hesling Court, East Bendigo is offered via an Expression of Interest campaign closing Thursday, 29th February 2024 at 12pm (AEDT).

Property History for 24 Hesling Ct, East Bendigo, VIC 3550

A timeline of how this property has performed in the market
Last Sold
22 Mar 2024
  • 20 Mar 2024
    Sold for $4,310,000
  • 19 Jan 2024
    Listed for Sale Expressions Of Interest

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About East Bendigo 3550

The size of East Bendigo is approximately 11.2 square kilometres. It has 2 parks covering nearly 4.9% of total area. The population of East Bendigo in 2011 was 2,153 people. By 2016 the population was 2,100 showing a population decline of 2.5% in the area during that time. The predominant age group in East Bendigo is 20-29 years. Households in East Bendigo are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in East Bendigo work in a professional occupation. In 2011, 64.1% of the homes in East Bendigo were owner-occupied compared with 61.2% in 2016.

East Bendigo has 2,122 properties. Over the last 5 years, Houses in East Bendigo have seen a 39.50% increase in median value, while Units have seen a 44.86% increase. As at 31 October 2024:

  • The median value for Houses in East Bendigo is $511,311 while the median value for Units is $378,566.
  • Houses have a median rent of $450 while Units have a median rent of $420.
There are currently 9 properties listed for sale, and no properties listed for rent in East bendigo on OnTheHouse. According to CoreLogic's data, 61 properties were sold in the past 12 months in East bendigo.

Suburb Insights for East Bendigo 3550

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Gerard Delaney
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Ray White Rural Timboon
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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.