Officeworks Bendigo, 297-305 Hargreaves Street,
Bendigo, VIC 3550
Shops & Retail
Key property information
Land area
Floor area
Parking info
Property extent
Tenure type
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Map of Officeworks Bendigo, 297-305 Hargreaves Street
Strategic retail investment on major CBD landholding
- 100% leased to Officeworks (ASX:WES)
- Flexible 3-level building of 3,233sqm*
- 2,248sqm* site with dual street frontage
JLL Retail Investments has the exclusive privilege of offering for sale Officeworks Bendigo, an exceptional opportunity to acquire a 100% freehold investment in the heart of Bendigo’s CBD with a secure NET lease to Australia’s leading office-supplies retailer, Officeworks Limited.
Featuring exceptional retail exposure to both Hargreaves Mall and Queen Street, the property provides a rare opportunity to gain a significant 2,248sqm* Commercial 1 Zone (C1Z) site in one of Victoria’s oldest and largest regional cities.
Key details of the opportunity include:
+ 100% leased to Officeworks Limited - Wholly owned by Wesfarmers (WES:ASX) (Market Cap: $84.2B)+
+ High profile CBD location with exposure to Queen Street & Hargreaves Mall
+ Estimated Net Income $379,982 p.a. + GST
+ NET Lease structure with tenant responsible for all outgoings including Land Tax
+ Fixed annual CPI rental increases
+ Highly flexible building with 3,233 sqm of GLA set across three levels
+ Significant 2,248sqm Commercial 1 Zone (C1Z) site
+ Secure undercover customer car parking for 25 vehicles off Queen Street
+ Potential for 50% stamp duty savings
+ High growth location with Bendigo’s population forecast to grow by 33% by 2046
To obtain further information, please contact the exclusive selling agents:
Tom Noonan | 0402 319 6...
Stuart Taylor | 0428 000 0...
Dominic McGrath | 0416 440 5...
100% leased to Officeworks (ASX:WES)
Flexible 3-level building of 3,233sqm*
Large 2,248sqm* C1Z site with dual street frontage
Featuring exceptional retail exposure to both Hargreaves Mall and Queen Street, the property provides a rare opportunity to gain a significant 2,248sqm* Commercial 1 Zone (C1Z) site in one of Victoria’s oldest and largest regional cities.
Key details of the opportunity include:
+ 100% leased to Officeworks Limited - Wholly owned by Wesfarmers (WES:ASX) (Market Cap: $84.2B)+
+ High profile CBD location with exposure to Queen Street & Hargreaves Mall
+ Estimated Net Income $379,982 p.a. + GST
+ NET Lease structure with tenant responsible for all outgoings including Land Tax
+ Fixed annual CPI rental increases
+ Highly flexible building with 3,233 sqm of GLA set across three levels
+ Significant 2,248sqm Commercial 1 Zone (C1Z) site
+ Secure undercover customer car parking for 25 vehicles off Queen Street
+ Potential for 50% stamp duty savings
+ High growth location with Bendigo’s population forecast to grow by 33% by 2046
To obtain further information, please contact the exclusive selling agents:
Tom Noonan | 0402 319 6...
Stuart Taylor | 0428 000 0...
Dominic McGrath | 0416 440 5...
100% leased to Officeworks (ASX:WES)
Flexible 3-level building of 3,233sqm*
Large 2,248sqm* C1Z site with dual street frontage
Bendigo, 3550 demographic data
5,652
Population
$1,429 per week
Median household income
43 years
Median age
Owners
Most residents
Families
Most households
Officeworks Bendigo, 297-305 Hargreaves Street
Bendigo, VIC 3550
JLL - MelbourneLevel 33, 101 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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