49 Bridge StreetBendigo VIC 3550
Property Details for 49 Bridge St, Bendigo
Last Listing description (July 2021)
This Freehold Hotel Investment Property is securely leased on a Long Term Lease
and will return 7.25% on current asking price of $ 2,000,000.00. Price is Negotiable.
Well located on divided arterial road in the Inner City Area, and within Hospital
Zoned Precinct. Prominent Double Storey Corner Building with prized North-East
Aspect for large outdoor seating area.
This Hotel Trades strongly with well established track record of takings in excess
Of $ 3 Million per annum.
The Lease Rent is set at a reasonable and sustainable Figure of $ 145,000.00 net per annum.
For further details and inspection call Bob McCormick on 0408 510 938.
Property Code: 123
Property History for 49 Bridge St, Bendigo, VIC 3550
- 25 Jun 2021Sold for $1,900,000
- 09 Jan 2020Listed for Sale $2,000,000
- 14 Oct 2007Listed 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 5,218 properties. Over the last 5 years, Houses in Bendigo have seen a 25.28% increase in median value, while Units have seen a 53.23% increase. As at 31 March 2026:
- The median value for Houses in Bendigo is $635,136 while the median value for Units is $481,463.
- Houses have a median rent of $510 while Units have a median rent of $470.
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