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Retail, 15/18 Queen Street Bendigo, VIC 3550

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Retail, 15/18 Queen Street,
Bendigo, VIC 3550

Shops & Retail • Other

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Map of Retail, 15/18 Queen Street

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High Yielding 10%+ CBD Investment

  • Long established retailer 50 years+
  • Renewed 5+5 Year lease
  • Tenant pays outgoings and GST
Stearns, Bendigo’s principal jeweller.
Showcase Jewellers, a national group of 170 outlets.
Recently renewed 5 + 5 year lease from July 2017 to June 2027.
Large 250 sqm tenancy for personal and on-line retailing, product servicing and production.
Prime corner with aspect to busy pedestrian link between Coles and Myer, next to Officeworks and close to a major car park.
Annual CPI and 5 year market reviews.
Tenant pays usual outgoings and GST as per lease.
Bendigo: A major regional city 150km from Melbourne, with a growing population of 111,783 (June 2016).
Rent: $100,000 pa.

Auction 12 noon AEDT Wednesday 28 February 2018
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
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