52 Mackenzie Street W, Golden Square, VIC 3555 | Property Value & History | OnTheHouse
OFF MARKET

52 Mackenzie Street W
Golden Square VIC 3555

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 112m2
Land area: 1229m2
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Property Details for 52 Mackenzie St W, Golden Square

Building Type
Commercial
Floor Size
112m2
Land Size
1229m2
Local Government
Greater Bendigo
Lot/Plan
2/LP143993

Last Listing description (December 2022)

Here's a stellar opportunity for the investor. Located on a prominent Golden Square intersection, this unique property has not one, but three potential income streams!
On a total 1146 square metre allotment, there's one renovated three-bedroom home, plus a shop, plus a subdividable backyard.
The vendors have done their homework and secured an approved permit to divide the block in two, leaving 773m2 for the house and shop, and 373m2 for a vacant block at the rear.

The commercial component has been leased out previously for $350 a week to an excellent tenant who'd like to stay put. The house has a potential rental of up to $450 per week, with a total of $800 rental income what an amazing six per cent return on rent alone for the property.
Or, perhaps you see a future for yourself and your own business here? The house is lovely, having been renovated in cool, contemporary style. Period features of polished floorboards, high ceilings and decorative cornices shine against crisp white paintwork.
The bathroom is a stand-out. Tiled in white and grey, with a black-framed shower and feature bath, it also has a timber-topped vanity and views through the original sash window to a row of established trees.
The kitchen has been updated with Ceasar stone benchtops and subway tiles. There's also a wall oven, electric hotplate and dishwasher.
The lounge is light-filled and spacious, with a gas log heater for warm winter nights.
Outside, the living space continues with a massive undercover alfresco area overlooking the backyard, with its shade trees and garden shed.
In addition to the double garage, there are four off-road parking spaces at the front of the property.
The shop has a 6.8m x 6.6m showroom or retail space, a rear office, toilet and kitchenette. There is also direct access into the home, should you need it.
The options are vast and the future is bright at this feature-packed address. Be quick! INSPECTIONS BY APPOINTMENT ONLY

Property History for 52 Mackenzie St W, Golden Square, VIC 3555

A timeline of how this property has performed in the market
Last Sold
$650,000
12 Oct 2022
  • 12 Oct 2022
    Sold for $650,000
  • 23 May 2022
    Listed for Sale $645,000 - $690,000
  • 23 Jul 2019
    Sold for $342,000
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About Golden Square 3555

The size of Golden Square is approximately 8.5 square kilometres. There are 13 parks, covering nearly 2.3% of the total area. The population of Golden Square in 2016 was 8820 people. By 2021 the population was 9220 showing a population growth of 4.5% in the area during that time. The predominant age group in Golden Square is 30-39 years. Households in Golden Square are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Golden Square work in a professional occupation.In 2021, 62.80% of the homes in Golden Square were owner-occupied compared with 63.30% in 2016.

Golden Square has 5,464 properties. Over the last 5 years, Houses in Golden Square have seen a 32.45% increase in median value, while Units have seen a 41.32% increase. As at 31 August 2026:

  • The median value for Houses in Golden Square is $618,832 while the median value for Units is $490,164.
  • Houses have a median rent of $520 while Units have a median rent of $450.
There are currently 29 properties listed for sale, and 7 properties listed for rent in Golden square on OnTheHouse. According to Cotality's data, 295 properties were sold in the past 12 months in Golden square.

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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.