OFF MARKET

84-86 Eaglehawk Road
Ironbark VIC 3550

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2499m2
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Property Details for 84-86 Eaglehawk Rd, Ironbark

Building Type
Commercial
Land Size
2499m2
Local Government
Greater Bendigo
Lot/Plan
69~A/PP3473A

Last Listing description (February 2021)

EXCLUSIVE TO CRE BROKERS

The rare and historically significant British & American Hotel in Bendigo is offered to the market for the first time.

The Hotel features a public bar, lounge / function room, ample patron parking, walk in bottle shop, bistro and leased kitchen.

Currently leased, the site is available for sale as a Freehold Passive Investment site with tremendous development potential.

Highlights:

* Development site (STCA) for 2599.90 m2 (approx.) on General Residential Zoned land
* Current passive rental revenue of $46,800 per annum
* Frontage of 50.39m2 on Eaglehawk Rd

Don't miss this fantastic opportunity!

Contact Ian McDonald at CRE Brokers to discuss the possibilities this property has to offer.

Property History for 84-86 Eaglehawk Rd, Ironbark, VIC 3550

A timeline of how this property has performed in the market
Last Sold
$60,000
20 Dec 1996
  • 26 Jul 2019
    Listed for Sale Freehold Passive Investment - $1,150,000
  • 26 Jun 2018
    Listed for Sale FHGC - $1,150,000
  • 31 May 2009
    Listed for Sale 130000
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About Ironbark 3550

The size of Ironbark is approximately 0.9 square kilometres. It has 2 parks covering nearly 12% of total area. The population of Ironbark in 2011 was 1,080 people. By 2016 the population was 1,084 showing a population growth of 0.4% in the area during that time. The predominant age group in Ironbark is 20-29 years. Households in Ironbark are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Ironbark work in a professional occupation. In 2011, 59% of the homes in Ironbark were owner-occupied compared with 57.2% in 2016.

Ironbark has 720 properties. Over the last 5 years, Houses in Ironbark have seen a 42.70% increase in median value, while Units have seen a 67.31% increase. As at 31 October 2024:

  • The median value for Houses in Ironbark is $527,064 while the median value for Units is $408,612.
  • Houses have a median rent of $435 while Units have a median rent of $380.
There are currently 7 properties listed for sale, and 1 property listed for rent in Ironbark on OnTheHouse. According to CoreLogic's data, 20 properties were sold in the past 12 months in Ironbark.

Suburb Insights for Ironbark 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.