95-97 Bridge Street, Bendigo, VIC 3550 | House for sale | OnTheHouse
 
FOR SALE
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95-97 Bridge Street
Bendigo VIC 3550

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 706m2
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Profit Potential – Unique Proposition

Impressively located 600m each way to Lake Weeroona and the Bendigo Hospital, 95-97 Bridge Street presents an intriguing opportunity for property developers or business owners to be part of something special.
The property is comprised of two separate buildings on one 698sqm title operating as a successful mechanics garage. As the property is located within the General Residential zone it would be possible for an automotive related business or showroom to continue to operate under existing use rights, however, you may be interested in converting the space to professional or medical rooms to capitalise on the central location and proximity to the hospital (STCA).
The most exciting aspect of the property is the possibility of radically renovating the interior and converting the property into a huge home or multiple inner city apartments. A warehouse conversion of this type would result in sought after properties, unique to the Bendigo market.
The garage is currently defined into a shopfront with office space, a (dimensions) workshop with truss roofline, a secure storage area spanning the length of the building and a mezzanine studio apartment with kitchenette, bathroom and laundry facilities.
This is no cookie-cutter opportunity. It will take effort and creativity but potential rewards are there for you to reap.
A copy of the Due Diligence checklist can be found at https://www.consumer.vic.gov.au/duediligencechecklist
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Property Details for 95-97 Bridge St, Bendigo

95-97 Bridge St, Bendigo is a 1 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 706m2. The place is currently for sale with Elders Real Estate Bendigo.

Building Type
House
Land Size
706m2
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About Bendigo 3550

The size of Bendigo is approximately 5.5 square kilometres. There are 8 parks, covering nearly 8.8% of the total area. The population of Bendigo in 2016 was 5512 people. By 2021 the population was 5652 showing a population growth of 2.5% in the area during that time. The predominant age group in Bendigo is 20-29 years. Households in Bendigo are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Bendigo work in a professional occupation.In 2021, 53.30% of the homes in Bendigo were owner-occupied compared with 53.70% in 2016.

Bendigo has 5,298 properties. Over the last 5 years, Houses in Bendigo have seen a 19.27% increase in median value, while Units have seen a 32.23% increase. As at 31 July 2026:

  • The median value for Houses in Bendigo is $664,475 while the median value for Units is $476,484.
  • Houses have a median rent of $520 while Units have a median rent of $480.
There are currently 28 properties listed for sale, and 12 properties listed for rent in Bendigo on OnTheHouse. According to Cotality's data, 219 properties were sold in the past 12 months in Bendigo.

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Martin Skahill
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Elders Real Estate Bendigo
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