160 Hargreaves Street, Bendigo, VIC 3550 | Property Value & History | OnTheHouse
OFF MARKET

160 Hargreaves Street
Bendigo VIC 3550

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 14472m2
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Property Details for 160 Hargreaves St, Bendigo

Building Type
Commercial
Land Size
14472m2
Local Government
Greater Bendigo

Last Listing description (July 2021)

PROPERTY ID: 166282

Kangan Bendigo Institute (BKI), is opening a new 80 seat Caf, in their new building on Hargreaves St Bendigo, opening mid-September 2021. Next door to the new law courts and all the development around Hargreaves Street.


The newly designer and yet to be built caf (opening September 21) will include a fully equipped kitchen and is fully furnished cafe, with 40 seats outside terrace dining and 40 seats inside dining.

The caf will be a modern and smart casual venue offering a fresh on trend caf style and grab and go food and drink (Liquor too) offering, catering to the students, staff and the local community, with in house catering and function options to be discussed as required, around community and students' needs.

BKI will pay outgoings: gas, electricity, water, one nightly clean of the venue (not including furniture, equipment or the kitchen) night security and general rubbish removal.

BKI is seeking a local experienced caf operator who could operate this caf solo or as a satellite business, additional to their existing caf, under a "License to Occupy" agreement or 3+ years (TBN) at a negotiated revenue share, after a free 12 month period allowing for set up. The operator will be responsible for suppling the brand name, staff, food, drinks and loose operating equipment required to deliver their offer, with no ingoing payment required. Just walk in, set up, supply and install your choice of coffee machine and beans, and open the doors.

Under a "License to Occupy" agreement, there is no ingoing fee or charge payable by the operator for the purchase of the agreement, fit out or equipment supplied.

The caf operator will own the business and all IP in the business, including;
employee all of the caf employees;
enter into all supply agreements in its own name; and
operate its own books and hold all financial accounts in its own name.

For further questions and details, please contact Gregg

Property History for 160 Hargreaves St, Bendigo, VIC 3550

A timeline of how this property has performed in the market
Listed for Rent
$335/w
30 Jul 2021
  • 06 Jul 2021
    Listed for Rent - Price not available
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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 5,281 properties. Over the last 5 years, Houses in Bendigo have seen a 21.85% increase in median value, while Units have seen a 51.32% increase. As at 30 April 2026:

  • The median value for Houses in Bendigo is $642,994 while the median value for Units is $494,394.
  • Houses have a median rent of $515 while Units have a median rent of $470.
There are currently 33 properties listed for sale, and 17 properties listed for rent in Bendigo on OnTheHouse. According to Cotality's data, 234 properties were sold in the past 12 months in Bendigo.

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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.