OFF MARKET

40 Strickland Road
East Bendigo VIC 3550

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 552m2
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Property Details for 40 Strickland Rd, East Bendigo

40 Strickland Rd, East Bendigo is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 552m2. While the property is not currently for sale or for rent, it was last sold in February 2020.

Building Type
House
Land Size
552m2
Local Government
Greater Bendigo
Lot/Plan
1/SP26652

Last Listing description (March 2020)

Have you always had the dream of being your own boss and creating something that's all yours, a real labour of love?? Stop dreaming, it's not that far out of reach.
We present to you a wholesome family business that's had huge success for 3 generations and over 40+ years.

Potential

Offices - There's an extra 2 large rooms that are currently being used as storage which could make for lovely offices or potential dwelling.
Restaurant, Caf or Takeaway food venue.
Catering business.

Features
Beautifully renovated restaurant area with polished floorboards and loads of natural sunlight flooding the whole venue.

Full commercial kitchen with fit out all done and ready to use. Includes commercial dishwasher, commercial fridge's, commercial sinks and tapware for cleaning, commercial oven, gas stovetops, and deep fryers, full stainless-steel benchtops for easy meal preparation and clean up.

Negotiable - Equipment to be added to purchase if the new owner is seeking.
Tables and chairs, display fridges front drink fridges, coffee machine, caf umbrellas and more.

Premises
Modern fit out with glass frontage, cosy bench window seating spots, reverse cycle heating and cooling units.
Premises holds up to 30 patrons.
A full-sized original bathroom that features a funky art deco style.

Location
Situated in a busy, high traffic area and only 4 minutes into Bendigo's CBD.

This business has had a lot of love put into it and is completely ready for business to commence so if this has been a dream of yours, make your dreams a reality. Come along to the inspection to check it out!!!

Property History for 40 Strickland Rd, East Bendigo, VIC 3550

A timeline of how this property has performed in the market
Last Sold
$320,000
14 Feb 2020
  • 14 Feb 2020
    Sold for $320,000
  • 03 Sep 2019
    Listed for Sale $330,000-$360,000
  • 15 Jul 1977
    Sold for $26,000

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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 8 properties listed for sale, and no properties listed for rent in East bendigo on OnTheHouse. According to CoreLogic's data, 66 properties were sold in the past 12 months in East bendigo.

Suburb Insights for East 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.