Heritage Charm with Exceptional Live/Work & Income Potential
343 Barnard Street, Bendigo VIC
(Formerly the Violet Street Hotel)
A rare opportunity to own a piece of Bendigo's history: a beautifully styled four-bedroom, two-bathroom residence imbued with period character and extraordinary scope for multiple income streams and flexible usage. Positioned on a wide corner allotment (~861m²) within the renowned Violet Street precinct, this home offers a seamless blend of architectural heritage and contemporary functionality.
Key Features
Bedrooms & Bathrooms
4 bedrooms, including flexible spaces ideally suited for living, working, or short-stay accommodation.
2 full bathrooms + 3 toilets, ensuring comfort and convenience across family and guest usage.
Kitchen & Living
2 kitchens, with scope for a third kitchenette-perfect for dual households, shared living, or separate live/work arrangements.
Parking & Outdoor
Secure carport accommodates up to 4 vehicles.
Private garden, generous shed, solar installations-offering lifestyle appeal and sustainability.
Historic Features & Zoning
Original cellar remains intact, a standout heritage detail offering unique character and versatility.
Situated within General Residential Zone (GRZ) with options for mixed use -allowing for diverse residential use and business activity (subject to approvals).
Triple-Income Potential - Why This Property Stands Out
Rental potential $1,625 per week = 8% plus return!
Studio $400 per week
House $550 per week
Commercial shop $675 per week
Business Opportunity
Launch or continue a live-in commercial enterprise-whether a salon (already installed and functional), clinic, office, or studio-leveraging the mixed use opportunities
Self-Contained Studio / Airbnb
With a secondary kitchen and multiple toilets, the property lends itself easily to a self-contained studio or short-term rental-providing a steady rental or Airbnb income stream.
Primary Residence + Investment Options
Occupy the main residence and generate income by renting out separate zones. Alternatively, consider a rooming house configuration or multi-tenancy setup-optimizing returns while retaining flexibility.
Heritage, Location & Market Appeal
Rich Architecture & Local Significance
Retaining its original cellar and storied past, the home exudes timeless character. Nestled in the heart of the Violet Street precinct-a neighborhood celebrated for its gold-era buildings and historic charm.
Strong Market Outlook
Land size: 861m²
Highlights Snapshot
Feature Description
Bedrooms 4
Bathrooms 2
Toilets 3
Kitchens 2 (plus scope for 3rd kitchenette)
Parking Up to 6 vehicles
Heritage Elements Original cellar intact
Zoning RGZ with mixed use
Income Streams Salon/ business, self-contained rental (Airbnb/studio), primary residence + rental/rooming house
In Summary: This property isn't just a home-it's a versatile income-generating asset rich with character, strategically located, and offering deep flexibility for modern living, business, or savvy investment. A true standout in Bendigo's market.
