Perfectly positioned within easy walking distance of Bendigo CBD, this truly unique property presents an exceptional opportunity to secure two beautifully renovated residences on one title.
Whether you’re an astute investor, Airbnb operator, multi-generational family or simply seeking a home with genuine additional income potential, this remarkable property offers an enviable combination of location, flexibility, character and income potential.
Set on approximately 619m², the property offers the potential to generate around $900 per week in gross rental income under standard residential leasing arrangements. It has also enjoyed strong success as a highly rated Airbnb destination, providing the flexibility for the next owner to choose the strategy that best suits their individual needs.
The Main Residence
Originally built in the early 1900s, the main residence has undergone an extensive transformation, thoughtfully combining period character with modern comfort, contemporary finishes and significant improvements throughout.
The home features two generous bedrooms, both offering independent split-system heating and cooling. The spacious open-plan living and dining area provides an inviting central hub, complete with a ceiling fans, decorative fireplace and large split-system heating and cooling unit.
The completely updated kitchen is both stylish and highly functional, featuring expansive benchtops, excellent storage, quality appliances including dishwasher, electric oven and cooktop.
The beautifully renovated bathroom is finished with quality fixtures and fittings, while new flooring and fresh paint throughout create a bright, modern and welcoming interior.
Significant improvements have also been undertaken to the property, including new concrete-stump foundations, external walls have been upgraded with insulation and finished in modern Colorbond cladding, enhancing both energy efficiency and street appeal.
Outside, a covered rear timber entertaining deck creates a wonderful connection between the home and the beautifully turfed rear yard, which features an established entertaining area and firepit setting. A long driveway provides excellent vehicle access through to the secure rear yard, while secure fencing and gated rear access offer potential space for a future shed or similar structure, subject to council approval.
The charming period-style front garden, framed by a classic white picket fence, further enhances the home’s street appeal, while excellent off-street parking adds to its practicality.
The result is a beautifully presented home that retains the character and charm of its era while delivering the comfort, functionality and quality expected of modern living.
“Everlyn’s Cottage” — A Beautifully Restored Miner’s Cottage
Privately positioned on the same title is “Everlyn’s Cottage”, a delightful late-1800s miner’s cottage brimming with warmth, charm and history.
Lovingly restored and beautifully presented, Everlyn’s Cottage has become a popular Airbnb accommodation, with guests appreciating its cosy character, modern comforts and outstanding proximity to Bendigo’s city centre.
The cottage comprises two bedrooms, an inviting and cosy front lounge, stylish modern kitchen with updated appliances and a renovated bathroom.
New flooring, freshly painted interiors and split-system heating and cooling add contemporary comfort, while the spacious rear courtyard provides a private outdoor setting and completes this neat and charming cottage.
A Property Full of Possibilities
Opportunities to secure two fully renovated residences on one title in such a tightly held central location are exceptionally rare.
The property offers an outstanding range of possibilities for the next owner. Continue operating the established Airbnb accommodation, lease both residences to create dual rental income, live in one residence while generating income from the other, provide separate accommodation for extended or multi-generational family, or add a unique dual-residence property to an investment portfolio.
There may also be potential to explore future subdivision opportunities, subject to council approval and all relevant planning requirements.
With Bendigo CBD, restaurants, cafes, shopping, employment, education and major city amenities all within easy walking distance, the location adds another significant layer of appeal and convenience.
This is far more than simply a home. It is a rare dual-residence property offering heritage charm, extensive modern renovations, flexible accommodation and genuine income potential, all within walking distance of the heart of Bendigo.
Opportunities of this calibre, flexibility and central positioning are few and far between.
Enquire today to arrange your private inspection and experience this remarkable property for yourself.
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.