46 Sternberg StreetKennington VIC 3550
Property Details for 46 Sternberg St, Kennington
Last Listing description (October 2023)
An exceptional opportunity presents to secure an immaculately maintained freehold property for commercial or residential use. Located in the highly regarded and well serviced suburb of Kennington, the building comprises a reception, large open waiting room and 7 consulting rooms all offering their own split systems. The property has full disabled accessibility, kitchen/dining area, bathroom and disables toilets. High exposure on a busy thoroughfare the property is currently leased to a secure tenant with options remaining on the lease term. Excellent off-street parking is available for staff and clients along with an undercover entertaining area, storage and shed of approx. 12 x 6mts. Situated on over 1300 sq mts the property presents an opportunity for further development (STCA) in the future for the astute investor/developer. The property is well located to a vast range of amenities on offer in established suburb of Kennington along with easy access to Bendigo's CBD. The opportunity to walk into a premises with a secure tenant in this location and condition is not to be missed.
Property History for 46 Sternberg St, Kennington, VIC 3550
- 07 Sep 2023Sold for $895,000
- 07 Feb 2023Listed for Sale $955,000 to $1,050,000
- 09 Aug 2016Listed for Rent $32,000 / year
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About Kennington 3550
The size of Kennington is approximately 4.0 square kilometres. It has 9 parks covering nearly 16.2% of total area. The population of Kennington in 2016 was 5649 people. By 2021 the population was 5880 showing a population growth of 4.1% in the area during that time. The predominant age group in Kennington is 20-29 years. Households in Kennington are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Kennington work in a professional occupation.In 2021, 59.30% of the homes in Kennington were owner-occupied compared with 59.20% in 2016.
Kennington has 3,421 properties. Over the last 5 years, Houses in Kennington have seen a 43.66% increase in median value, while Units have seen a 53.15% increase. As at 31 December 2025:
- The median value for Houses in Kennington is $663,610 while the median value for Units is $461,003.
- Houses have a median rent of $500 while Units have a median rent of $430.
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