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Substantial CBD Corner Landholding with Holding Income
42-46 Bridge Street & 106-108 Baxter Street, Bendigo VIC

Stonebridge Property Group is pleased to present for sale 42-46 Bridge Street & 106-108 Baxter Street, Bendigo.

  • The significant Commercial 1 Zoned site spans 3,035 sqm* and enjoys 110 m* of combined frontage to the corner of Bridge & Baxter Streets
  • A mix of commercial and residential tenants provide $142,000 + GST of annual holding income (strategic development clauses allow early site access)
  • Strategically located within Bendigo’s medical/commercial precinct bolstered by the new $630 million Bendigo Hospital
  • Favourable zoning supports a significant development outcome (STCA) with the Design & Development Overlay noting a preferred height of 16-24 m*
  • Within walking distance to Bendigo’s CBD (750 m*) and moments from major developments including the Bendigo Law Courts (450 m*), Bendigo Tafe (480 m*) and the Bendigo Gov Hub

Bendigo:

  • Victoria’s 3rd largest city and has a population growth rate of 1.54% per annum, which is 51% higher than Victoria’s average
  • The growing city seen a substantial 29% rise in median house price from 2018, with majority of the increase occurring throughout 2021 in line with an increase in demand for regional real estate^
  • Set to host a number of major events at the 2026 Commonwealth Games and be a direct beneficiary of $2.6 billion forecasted funding
  • *Approx.

^Source: REIV
To obtain further information or please contact the exclusive selling agents.

Listing Map
Listing Map

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