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McKean McGregor Real Estate - Bendigo

17 Bath Lane Bendigo, VIC 3550

Directions

17 Bath Lane,
Bendigo, VIC 3550

Shops & Retail

Price information

Sale

$850,000-$900,000

Under Contract

Key property information

Floor area

Property extent

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Map of 17 Bath Lane

Directions
  • Train stations within 5 km of 17 Bath Lane, Bendigo, VIC 3550Distance
    Bendigo Station654 m
    Kangaroo Flat4.6 km
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  • Bus stops within 5 km of 17 Bath Lane, Bendigo, VIC 3550Distance
    Mitchell St Central - Bay A/Mitchell St (Bendigo)132 m
    Short St/High St (Bendigo)226 m
    Williamson St/Myers St (Bendigo)363 m
    Bull St/Pall Mall (Bendigo)398 m
    Mollison St/Williamson St (Bendigo)510 m
    POWERED BY HERE ©
POWERED BY HERE ©

Sought After Tenanted investment in tightly held Bath Lane precinct

This premium commercial property is positioned in the heart of Bendigo's prime CBD retail precinct, making it a highly desirable long-term investment opportunity.


Mona Lisa is the highly regarded and established tenant, occupying the premises for 27 years as an iconic local womens fashion business. The new 5 year lease with 2 x 5 year options offers a stable and solid income stream with a healthy return on investment of approx 6%.

KEY FEATURES:


- Premium location in a popular and high foot traffic area in Bendigo CBD

- Very well presented premises

- Established and performing tenant operating as Mona Lisa

- Rental of $53,045 per annum with fixed 3% increases

- Lease for 5 years from June 2023 with 2 x 5 year options
- Commercial 1 Zoning

Boasting a well-maintained interior and a large main room this space is well suited to its current ladies fashion use. The property is zoned for commercial use and has good street frontage and enjoys excellent foot traffic.


In the tightly held precinct this property is a smart addition to any investor's portfolio.

Property ID: 504689444Last Updated: 18 Oct 2024

McKean McGregor Real Estate - Bendigo

174 STRICKLAND ROAD
STRATHDALE, VIC 3550
McKean McGregor Real Estate - Bendigo
17 Bath Lane
Bendigo, VIC 3550

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