379 Hargreaves StreetBendigo VIC 3550
Property Details for 379 Hargreaves St, Bendigo
Last Listing description (August 2022)
Colliers Bendigo are excited to offer 365-379 Hargreaves Street, 58-62 Queen Street and 68 Queen Street, Bendigo for sale. This property would be an outstanding addition to any investment property portfolio with strong tenant covenants, long term leases and potential for future growth in net rent and capital value.
The properties in general comprise a mix of predominantly single story buildings constructed of brick with one double story building. Running through the middle of the property on freehold title is 'Valentines Lane' which is a popular local thoroughfare between Hargreaves and Queen Streets. The lane also provide access to a few of the tenants and has scope for further development on ground level or above STCA.
The property is multi-tenanted boasting 8 separate occupants. Along Hargreaves Street there are 4 tenancies. These are UFS Pharmacy, AEC, New Generation Clothing and F45 gymnasium. Along Queen Street there is Bendigo Real Estate and Hearing Australia. There is a private carpark which is located between Bendigo Real Estate and Hearing Australia. Pilates plus is located behind the private carpark which is accessible via Queen Street.
Highlights
- Land 3,646sqm*/ Building 2,561sqm*
- Long term leases with WALE of 3.42
- Rent of $572,319 pa
- Located in the heart of Bendigo's CBD
- Street Frontage to Hargreaves Street and Queen Street
- Private car park on site
- Exceptional foot traffic
- Prime CBD Exposure
For more information, please contact Colliers agent Travis Hurst on 0423 388 932, Sarah Noble on 0413 882 084 or Matthew Jarrott on 0422 831 055.
Approximately*
Property History for 379 Hargreaves St, Bendigo, VIC 3550
- 22 Jun 2022Listed for Sale For Sale via EOI closing Thursday 21 July at 5pm
- 12 Feb 2020Listed for Sale Contact Agent
- 30 Oct 2018Listed for Sale Not Disclosed
Recent sales nearby
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About Bendigo 3550
The size of Bendigo is approximately 5.5 square kilometres. It has 8 parks covering nearly 8.8% of 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 5,208 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.
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