49-53 Mitchell Street,
Bendigo, VIC 3550
Shops & Retail • Offices
Price information
Sold
Contact Agent
Key property information
Land area
Floor area
Tenure type
Sold on
Map of 49-53 Mitchell Street
Absolute Investment Trophy
- Recent Major Refurbishment
- New 5 Year Net Lease
- Westpac occupied since 1975
New secure 5 + 5 year lease to 2025.
Annual fixed 3% increases.
Lessee pays all usual outgoings including land tax and insurance.
Westpac Limited: 2nd largest ASX listed company with a market cap rate of $99.65B (November 2015).
Commanding 825 sqm retail corner with dual frontage totaling 61 metres, plus 12 car spaces on title (roof top).
Modern refurbished 795 sqm building over two levels.
Central CBD position next to Officeworks, opposite NAB and amongst many national traders.
Substantial taxation saving depreciation.
Bendigo: Victoria's largest inland city with population of 110,000 forecast to grow to 156,000 by 2036.
Rent: $193,138 pa
Auction 11am AEDT Wednesday 9 December
River Room, Crown Casino, Melbourne.
Annual fixed 3% increases.
Lessee pays all usual outgoings including land tax and insurance.
Westpac Limited: 2nd largest ASX listed company with a market cap rate of $99.65B (November 2015).
Commanding 825 sqm retail corner with dual frontage totaling 61 metres, plus 12 car spaces on title (roof top).
Modern refurbished 795 sqm building over two levels.
Central CBD position next to Officeworks, opposite NAB and amongst many national traders.
Substantial taxation saving depreciation.
Bendigo: Victoria's largest inland city with population of 110,000 forecast to grow to 156,000 by 2036.
Rent: $193,138 pa
Auction 11am AEDT Wednesday 9 December
River Room, Crown Casino, Melbourne.
Property ID: 501765082Last Updated: 15 Aug 2016
49-53 Mitchell Street
Bendigo, VIC 3550
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
Colliers - BallaratLevel 2/210 Sturt Street
BALLARAT CENTRAL, VIC 3350
BALLARAT CENTRAL, VIC 3350
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
Care Park, 2-6 Mundy Street,Bendigo, VIC 3550 1360 m²Shops & Retail • Development Sites & Land • Other
Contact Agent
95 Mitchell Street (Corner Of Myers Street),Bendigo, VIC 3550 560 m²Shops & Retail • Showrooms & Large Format Retail • Warehouse, Factory & Industrial