Situated in a highly sought after pocket of the Bendigo CBD amongst a mix of Commercial and Residential properties comes this exciting and rare opportunity to purchase a piece of prime real estate with oodles of potential and a multitude of possibilities. Zoned Commercial 1 but currently configured as a residential home, the property offers high exposure and potential client parking for a commercial entity or medical practice and is within a stones throw to the Bendigo Hospital precinct, popular Lake Weeroona and the main retail, hospitality and business district.
Set on a 656m2 (approx) allotment and offering street frontage to both Bridge Street and Uley Street at the rear, the potential here remains untapped. Separated into two crown allotments, each can be accessed individually from street level or by a government road that splits them at the rear of each block.
The existing terrace home fronting Bridge Street is ideally set up for a medical specialists consulting rooms, hairdressers, architects or a plethora of other commercial entities. With high visual representation to a busy arterial road, parking options available at the rear and a public car parking lot next door, your business exposure and client convenience is well and truly covered. Further options for extension of the existing dwelling or the addition of another on the rear block are also possibilities to add value to the site.
If living an inner city lifestyle convenient to all of the city's amenities is more your style, then there are options in this space also! The existing dwelling is currently configured as a two bedroom residence which will rent out at approximately $360 per week whilst you decide what to do next. The floor plan includes renovated bathroom, living space at the rear, central kitchen and deck area outside. Improvements include new roofing, guttering, painting inside and polished floorboards under foot. And once again, the possibility for extension and future development of the rear allotment (STCA) mean the future is profitable for a savvy buyer!
Position perfect and with a multitude of commercial or residential possibilities, this truly is a rare and exciting opportunity to invest/live or work in Bendigo's thriving inner city precinct. Call now to arrange a private inspection of this exceptional offering and take the first step in unleashing the potential !
