63-65 Bridge Street, Bendigo, VIC 3550 | Property Value & History | OnTheHouse
OFF MARKET

63-65 Bridge Street
Bendigo VIC 3550

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1648m2
We do not have enough data to display the calculated estimate for this property.
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Property Details for 63-65 Bridge St, Bendigo

Building Type
Commercial
Land Size
1648m2
Local Government
Greater Bendigo
Lot/Plan
1/PS609160

Last Listing description (September 2022)

+ Renewed Five (5) year lease to April 2026 plus options to 2046.
+ Bendigo Medical: established medical business in operation since 1940.
+ Desirable annual CPI rent reviews.

+ Investor preferred net lease terms with tenant paying all usual outgoings as per lease.
+ As new 715sqm* clinic including on-site UFS Pharmacy and Melbourne Pathology.
+ High profile 1,647sqm* site with important dual street frontage and 21 car spaces on-title.
+ Strategically positioned in key health precinct nearby Bendigo Hospital, brand new Ambulance HQ and CASA VIC Police building.
+ Significant tax saving depreciation benefits, with 41% of first years rent potentially tax free.
+ Bendigo: Victoria's largest inland city, population forecast to exceed 155,000** by 2036.
+ Potential 50% stamp duty savings
+ Net Income: $268,832 pa + GST.

For Sale by Investment Portfolio Auction
10:30am (AEDT) Wednesday 14 September 2022
Crown Casino - River Room - Melbourne

*Approx
**Forecast id

Property History for 63-65 Bridge St, Bendigo, VIC 3550

A timeline of how this property has performed in the market
Last Sold
$4,813,000
14 Sep 2022
  • 14 Sep 2022
    Sold for $4,813,000
  • 16 Aug 2022
    Listed for Sale Price on Request
  • 30 Mar 2009
    Sold for $600
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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.
There are currently 29 properties listed for sale, and 11 properties listed for rent in Bendigo on OnTheHouse. According to Cotality's data, 237 properties were sold in the past 12 months in Bendigo.

Suburb Insights for Bendigo 3550

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Cotality Copyright and Legal Disclaimers about Property Data
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.