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Rare 25-year lease to Feb-2039 Favourable annual CPI reviews Potential 50% stamp duty savings + Rare 25-year lease to Brewhouse Café & Coffee Roasters to February 2039. + Desirable annual CPI reviews. + Brewhouse Café & Coffee Roasters: Well-known hospitality group with over 38 years of experience operating across 50 locations state-wide. + Landlord-favourable net lease terms with tenant responsible for all usual outgoings excluding Land Tax. + Imposing 498 sqm* Commercial 1 Zone (C1Z) site with 71m* triple street frontage. + Located in the heart of Bendigo CBD, opposite Government DHHS facility and the Bendigo & Adelaide Bank Headquarters. + Coles, Dan Murphy’s, JB Hi-Fi, Officeworks, Target, Myer and Bendigo Marketplace Shopping Centre all within 300 metres. * + Recently completed developments totalling $242 million in the absolute heart of the Bendigo CBD including $90 million Bendigo Gov-Hub with 1,000 employees and the brand new $152 million Law Court. + Bendigo: Booming residential growth location with a 37% increase in median house prices since June 2020. ** + City of Greater Bendigo: Victoria’s largest inland city with population forecast to grow to over 155,000 by 2036 *** and currently generates $18.6 billion in annual economic output with an estimated 55,242 jobs in the area. **** + Bendigo is set to host several major events and 1,600 athletes for the 2026 Commonwealth Games seeing a $3 billion boost to the Victorian Economy. + Potential 50% stamp duty savings. ***** + Estimated net rent: $110,680 pa + GST.* To be sold by Investment Portfolio Auction: 10:30am AEST Wednesday 2 August 2023 Crown Casino, Melbourne Selling in conjunction with Burgess Rawson - Melbourne Rick Jacobson 0413 830 083 Jamie Perlinger 0413 860 315
402 Hargreaves Street (Edward Street and Bath Lane)
Bendigo
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