503 Napier StreetWhite Hills VIC 3550
Property Details for 503 Napier St, White Hills
Last Listing description (May 2020)
CVA are pleased to offer this rare and outstanding investment for Private Sale.
Situated on a large land holding of 4,069m2* and combined with an impressive 80 metre* frontage toNapier Street, this substanital site is zoned Commercial 1, giving this investment huge potential upside.
This great investment is currently returning $152,032.13 pa net securely across 8 tenancies offering a very attractive return.
White Hills is located 4 kilometres* north west from Bendigo CBD; home to many profile companies including Bendigo Bank's headquarters, Bendigo Tafe and universities including, Monash University School of Rural Health and La Trobe University.
Key Investment Details:
Lot 1 - 503 Napier St
- White Hills Post Office: 5 year lease commencing 23/05/2015
- White Hills Launderette: 3 year lease commencing 23/05/2018
Combined net return:$46,878.12
Lot 2 - 505 Napier St
- White Hills Tax & Accounting: 1 year lease commencing 01/02/2019
Rental: $18,200.00 per annum
Lot 3 - 507 Napier St
-Bendigo Gourmet Fish Shop: 5 year lease commencing 01/05/2015
-AC Hair Talk: 3 year lease commencing 15/01/2017
-Richardson's Bakery: 5 year lease commencing 01/06/2017
Combined net return:$45,962.76 per annum
Lot 4 - 509 Napier St
-White Hills Butchery: 5 year lease commencing 01/01/2015
-Red Lantern BGO: 2 year lease commencing 06/03/2018
Combined net return:$39,129.92 per annum
Please contact CVA for further details.
*approx
Property History for 503 Napier St, White Hills, VIC 3550
- 16 Jun 2017Listed for Sale EXPRESSIONS OF INTEREST
Recent sales nearby
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0About White Hills 3550
The size of White Hills is approximately 4.9 square kilometres. It has 8 parks covering nearly 5.2% of total area. The population of White Hills in 2016 was 3219 people. By 2021 the population was 3620 showing a population growth of 12.5% in the area during that time. The predominant age group in White Hills is 20-29 years. Households in White Hills are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in White Hills work in a professional occupation.In 2021, 64.60% of the homes in White Hills were owner-occupied compared with 62.90% in 2016.
White Hills has 2,039 properties. Over the last 5 years, Houses in White Hills have seen a 52.57% increase in median value, while Units have seen a 59.56% increase. As at 31 January 2026:
- The median value for Houses in White Hills is $627,504 while the median value for Units is $467,374.
- Houses have a median rent of $490 while Units have a median rent of $425.
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