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Stonebridge Property Group - Melbourne

42-46 Bridge Street 106-108 Baxter Street Bendigo, VIC 3550

42-46 Bridge Street 106-108 Baxter Street,
Bendigo, VIC 3550

Development Sites & Land • Medical & Consulting • Shop & Retail

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Stonebridge Property Group - Melbourne
Rorey James
Chao Zhang
Nic Hage
Julian White

Stonebridge Property Group - Melbourne

Ground Floor, 95 Coventry Street
SOUTHBANK, VIC 3006
Stonebridge Property Group - Melbourne
42-46 Bridge Street 106-108 Baxter Street
Bendigo, VIC 3550

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Substantial CBD Corner Landholding with Holding Income

  • Preferred height 16-24 m*
  • 3,035 sqm* C1Z landholding
  • 110 m* corner frontage
Stonebridge Property Group is pleased to present for sale 42-46 Bridge Street & 106-108 Baxter Street, Bendigo.

The key highlights of the opportunity include:

- The significant Commercial 1 Zoned site spans 3,035 sqm* and enjoys 110 m* of combined frontage to the corner of Bridge & Baxter Streets

- A mix of commercial and residential tenants provide $142,000 + GST of annual holding income (strategic development clauses allow early site access)

- Strategically located within Bendigo’s medical/commercial precinct bolstered by the new $630 million Bendigo Hospital

- Favourable zoning supports a significant development outcome (STCA) with the Design & Development Overlay noting a preferred height of 16-24 m*

- Within walking distance to Bendigo’s CBD (750 m*) and moments from major developments including the Bendigo Law Courts (450 m*), Bendigo Tafe (480 m*) and the Bendigo Gov Hub

Bendigo

- Victoria’s 3rd largest city and has a population growth rate of 1.54% per annum, which is 51% higher than Victoria's average

- The growing city seen a substantial 29% rise in median house price from 2018, with majority of the increase occurring throughout 2021 in line with an increase in demand for regional real estate^

- Set to host a number of major events at the 2026 Commonwealth Games and be a direct beneficiary of $2.6 billion forecasted funding

*Approximate
^REIV

To obtain further information please contact the exclusive selling agents, Stonebridge Property Group.

Nic Hage
0448 782 5...

Rorey James
0439 400 0...

Julian White
0422 764 1...

Chao Zhang
0411 625 0...

Property Code: 413

Property ID: 504070411Last Updated: 2 Jul 2022

Stonebridge Property Group - Melbourne
Ground Floor, 95 Coventry Street
SOUTHBANK, VIC 3006
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