Office/retail, 96-98 Pall Mall,
Bendigo, VIC 3550

Shops & Retail • Offices

Key property information

Land area

Floor area

Property extent

Tenure type

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Map of Office/retail, 96-98 Pall Mall

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Stunning 2 Level Commercial Complex - Recent $3.5m Redevelopment

10 year office lease + thriving retail
High quality capital intensive fitouts
Huge taxation saving depreciation

New 10 year lease to Government backed Not for Profit tenant - CNV
Secure 7 and 5 year retail leases including Zambrero 150+ stores nationally
Annual rent reviews
Tenants pay all usual outgoings as per leases
Prestige 1,448 sqm two level building totally redeveloped in 2016
High quality and capital intensive tenant fit-outs
Prime 1,499 sqm CBD site with 20m frontage and 13 secure car parks
Significant taxation saving depreciation
Greater Bendigo: Victoria’s third largest urban centre with a growing population of over 111,000, forecast to increase to 145,000 by 2031
Rent: $407,561 pa (est April 2018)

Auction 11am AEDT Wednesday 13 December 2017
River Room, Crown Casino, Melbourne

Bendigo, 3550 demographic data

The median household income for Bendigo is $1,429, 3% higher than Regional Victoria's household income of $1,386. Bendigo has a similar age profile compared to the rest of Regional Victoria (median age 43). Property ownership data shows 41% of property owners in Bendigo have a mortgage.

5,652

Population

$1,429 per week

Median household income

43 years

Median age

Owners

Most residents

Families

Most households