$780,000 - $820,000

52 Queen Street, Bendigo VIC 3550

563 m²

134 m²

$780,000 - $820,000

52 Queen Street, Bendigo VIC 3550

563 m²

134 m²

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Parking, Position and Potential

Positioned in an unrivalled central Bendigo location, this versatile commercial property presents an outstanding opportunity for owner-occupiers, investors and developers.

Set on approximately 563m² with seven on-site car parks plus 4 additional car parks available, an existing commercial building and an approved redevelopment permit, the property offers immediate functionality alongside exciting future potential.

The property is available with vacant possession, or alternatively with short-term holding income from the car parking leases. From an investment perspective, there is the opportunity to lease out the main building and collect a strong rental return, whilst benefitting from the on-site parking and an approved redevelopment permit.

Key Features:
- Approximately 134m² building area
- Approximately 563m² land area
- Rear car parks currently leased on a month to month basis for $19,200 per annum
- Building currently leased for $52,557.36 per annum, expiring 31st October 2026
- Seven on-site car parks
- Available with vacant possession
- Approved redevelopment permit

(*All measurements approx.)

Disclaimer

All property measurements and information have been provided as honestly and accurately as possible by McKean McGregor Real Estate Pty Ltd. Some images may feature virtual staging, and some images may depict the surrounding area or local amenities and are provided for illustrative purposes only. Some information is relied upon from third parties. Title information and further property details can be obtained from the Vendor Statement. This content may have been generated with the assistance of artificial intelligence (AI). Any AI assisted content has been proofread but we acknowledge that it may contain errors. We advise you to carry out your own due diligence to confirm the accuracy of the information provided in this advertisement and obtain professional advice if necessary. McKean McGregor Real Estate Pty Ltd does not accept responsibility or liability for any inaccuracies.

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