81 Chapel StreetBendigo VIC 3550
Property Details for 81 Chapel St, Bendigo
Last Listing description (December 2022)
WONDERFULLY POSITIONED COMMERCIAL OPPORTUNITY WITH PLENTY OF SCOPE
Located on the edge of the CBD, near the Bendigo TAFE, the new law courts, the Bendigo Health precinct and Rosalind Park, this lovely double brick property offers excellent commercial potential for a range of uses. A well-maintained building with modern updates, the property has plenty of warmth and charm with its Art Deco period detail.
Currently securely tenanted (with the opportunity for a long-term lease), the property is perfect for an investor looking for a well-positioned commercial opportunity with guaranteed return. An owner occupier seeking character-filled real estate with all the modern conveniences will find this property appealing also it is set up for medical and/or allied health purposes or professional services use.
Well-presented brick building on a corner block
Includes a kitchen, 5 private offices, central bathroom, storage, porch, garden and entry foyer
2 large water tanks and solar powered hot water system
Heating and cooling throughout
The building is situated on the corner of Chapel Street and Farmer Lane and has rear access for 2 vehicles to park off-street. You will find additional parking on Farmer Lane or at the McCrae Street municipal carpark nearby. There is a low-maintenance front garden which offers a pleasant, welcoming entryway, as well as secure fencing with a front gate.
The front entry includes a ramp for accessibility and a large, covered porch area. Deco-era period detail, including feature lead lighting, sash windows, picture rails and ornate ceilings adds personality to the bright, light spaces. There is a second entry at the rear of the building, off the driveway.
Bursting with potential for a range of uses, the property includes a modern kitchen with a dishwasher, oven, gas cook-top, storage and bench space, and a powder room with a toilet and large vanity. There is also a second toilet located outside.
The office space is exceptional and includes 2 large private rooms to the front of the property (both with storage), with a further 2 offices behind them. In addition, there is a fifth ample office space at the rear that would be ideal for open plan co-working.
Well located off Pall Mall, and close to Rosalind Park and the Bendigo Creek trail, it is just a short walk to the centre of Bendigo. An excellent opportunity to secure premium commercial real estate awaits.
Property History for 81 Chapel St, Bendigo, VIC 3550
- 03 Oct 2022Sold for $720,000
- 02 Sep 2022Listed for Sale $695,000 - $750,000
- 08 Apr 2009Listed 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 5,223 properties. Over the last 5 years, Houses in Bendigo have seen a 39.48% increase in median value, while Units have seen a 59.12% increase. As at 30 November 2025:
- The median value for Houses in Bendigo is $612,745 while the median value for Units is $475,565.
- Houses have a median rent of $500 while Units have a median rent of $460.
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