Property Details for Bridge St, Bendigo
Last Listing description (January 2020)
WAREHOUSE DEVELOPMENT OPPORTUNITY
EXPRESSIONS OF INTEREST are invited for the purchase of this former grocery warehouse. Closing on 29/11/19 @3pm
Occupying a block approx. 1653m. Zoned GRZ (General residential), the site is perfectly positioned in the established residential & commercial development precinct of Bridge Street with growth demographic.
Surrounded by both heritage and contemporary buildings, it enjoys 32mt x 51 mt frontages to both Bridge and Uley Streets presenting a choice opportunity for conversion or redevelopment as a boutique multi-unit development (STCA).
Don't miss this developers dream to either renovate or detonate and redevelop the prized package only moments from Bendigo Health precinct, CBD, Lake Weeroona & major arterial roads.
It offers the rare opportunity to continue to earn an income while you land bank or plan your redevelopment.
Key attributes:
- 1653 sqm of land approx
- 51m in depth approx
- 32m frontage approx to both Bridge & Uley Streets
- Zoned GRZ
- Close proximity to Bridge Street activity, CBD, Hospital & Lake Weeroona
Call to register your interest.
Property History for Bridge St, Bendigo, VIC 3550
- 24 Oct 2019Listed for Sale Expression of Interest
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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