Money 3/Gamesworld, 35-37 Mitchell Street,
Bendigo, VIC 3550
Shops & Retail • Development Sites & Land
Key property information
Land area
Floor area
Property extent
Tenure type
Sold on
Map of Money 3/Gamesworld, 35-37 Mitchell Street
Dual Income Bendigo CBD Investment
- Leased to two national tenants
- Prime retail position
- Tenants to pay usual outgoings
Two leases to national tenants to 2019
Prime 249sqm Commercial 1 Landholding with rear access to Bath Lane in the heart of Bendigo CBD adjoining Chemist Warehouse and metres to corner of Hargreaves Mall & Mitchell Street
Tenants pays usual outgoings as per leases
Bendigo: Victoria's largest inland city with population of 115,000 forecast to grow to 156,000 by 2036 (35% increase)
Combined rent: $55,069 pa (estimated October 2017 – assuming 2.5% CPI)
Tenancy 1 (Money3)
Leased to July 2019 plus options 2025
Recently refurbished tenancy including new flooring and air conditioning – approx. $70,000
Money3 Corporation: ASX Listed credit provider with 50+ branches nationwide
Tenancy 2 (Gamesworld)
Leased to May 2019
Tenant trading from site for over 10 years
Gamesworld: Australia’s largest range of jigsaws, die-cast and games with 17 stores across the country
This property is part of two Bendigo retail investments to be offered via On-Site Auctions at 2pm on Friday 11th August, 2017 – to be sold individually
The second is located at 352 Hargreaves Street, Bendigo
Prime 249sqm Commercial 1 Landholding with rear access to Bath Lane in the heart of Bendigo CBD adjoining Chemist Warehouse and metres to corner of Hargreaves Mall & Mitchell Street
Tenants pays usual outgoings as per leases
Bendigo: Victoria's largest inland city with population of 115,000 forecast to grow to 156,000 by 2036 (35% increase)
Combined rent: $55,069 pa (estimated October 2017 – assuming 2.5% CPI)
Tenancy 1 (Money3)
Leased to July 2019 plus options 2025
Recently refurbished tenancy including new flooring and air conditioning – approx. $70,000
Money3 Corporation: ASX Listed credit provider with 50+ branches nationwide
Tenancy 2 (Gamesworld)
Leased to May 2019
Tenant trading from site for over 10 years
Gamesworld: Australia’s largest range of jigsaws, die-cast and games with 17 stores across the country
This property is part of two Bendigo retail investments to be offered via On-Site Auctions at 2pm on Friday 11th August, 2017 – to be sold individually
The second is located at 352 Hargreaves Street, Bendigo
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
Money 3/Gamesworld, 35-37 Mitchell Street
Bendigo, VIC 3550
CBRE - VICLevel 34, 8 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
Bendigo Real Estate10 King Street
BENDIGO, VIC 3550
BENDIGO, VIC 3550
Contact Agency
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
41-43 Mundy St,Bendigo, VIC 3550 1513 m²Shops & Retail • Offices • Medical & Consulting
Contact Agent
Care Park, 2-6 Mundy Street,Bendigo, VIC 3550 1360 m²Shops & Retail • Development Sites & Land • Other
Contact Agent
Freehold Investment In Blue Chip Location With Stable and Strong Investment Return, 58 Bull Street,Bendigo, VIC 3550 309 m²Shops & Retail