30 Herriot Street, Heathcote, VIC 3523 | Commercial for sale | OnTheHouse
 
FOR SALE
$1,750,000 - $1,850,000

30 Herriot Street
Heathcote VIC 3523

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 2073m2
Land area: 2073m2
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GREATER BENDIGO REGION STORAGE SHED FACILITY FOR SALE

A rare and high-performing commercial investment opportunity in the Greater Bendigo region - this well-established, income-producing self-storage facility is now offered for sale as a fully operational going concern.
Positioned on a substantial 2,074 m² land holding*, the property comprises 64 storage sheds of varying sizes, delivering strong recurring cash flow and excellent return potential supported by local demand and minimal ongoing operating complexity.
Key Investment Highlights
• Prime land parcel of *2,084 m² with exceptional access and site exposure
• 64 storage sheds providing diversified unit sizes and tenancy mix
• Established, income-producing operation with consistent annual income of $140,000+ and growth potential
• Ideal for investors or owner-operators seeking a reliable passive income stream
• Keeping management with Ray White Bendigo available with the sale, including a smooth transition handover and six months of complimentary management
Self-storage facilities typically generate revenue through monthly rentals and ancillary income streams (e.g. tenant insurance, late fees, additional services). With relatively low overheads and predictable demand, storage businesses often deliver high profit margins compared to other commercial property types.
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Property Details for 30 Herriot St, Heathcote

Building Type
Commercial
Floor Size
2073m2
Land Size
2073m2
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About Heathcote 3523

The size of Heathcote is approximately 130.9 square kilometres. There are 9 parks, covering nearly 25.2% of the total area. The population of Heathcote in 2016 was 2793 people. By 2021 the population was 2962 showing a population growth of 6.0% in the area during that time. The predominant age group in Heathcote is 60-69 years. Households in Heathcote are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Heathcote work in a trades occupation.In 2021, 80.80% of the homes in Heathcote were owner-occupied compared with 77.20% in 2016.

Heathcote has 2,537 properties. Over the last 5 years, Houses in Heathcote have seen a 18.69% increase in median value, while Units have seen a 34.06% increase. As at 30 June 2026:

  • The median value for Houses in Heathcote is $528,795 while the median value for Units is $419,366.
  • Houses have a median rent of $493 while Units have a median rent of $273.
There are currently 76 properties listed for sale, and 5 properties listed for rent in Heathcote on OnTheHouse. According to Cotality's data, 103 properties were sold in the past 12 months in Heathcote.

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Matt Connolly
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Liam Ryan
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Ray White Bendigo
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