With a superb position on the corner of Myers and Mundy Streets, this fantastic property is definitely what one would describe as a blue chip investment opportunity. It has a CBD location within easy walking distance to most of Bendigo’s city amenities and has a massive amount of passing and local traffic which should always assist the property maintain its value.
It has three separate tenancies, 2 of which are Commonwealth Government departments and the third is a branch of Bendigo City Council. All tenancies have a common dated commencement date of 1ST February 2016 with 4 years left on the current leases and all have 2 x 5 year options available. Bendigo is a thriving major rural city with a population of over 100,000 and has exceptional growth forecast with the population expected to reach approximately 150,000 by 2030 which should hold the city in great stead for many years to come. If you are seeking to ad to your property portfolio with a magnificent blue chip property, then look no further than this opportunity showing a fantastic rental return and with generous annual increases. For further details please contact the selling agents.