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Stunning 2 Level Commercial Complex - Recent $3.5m Redeve...

96-98 Pall Mall, BENDIGO VIC, 3550

Sold

Property Sold in 96-98 Pall Mall, BENDIGO VIC, 3550

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000

Listing ID:
11272732
Status:
Sold
Price:
Auction
Last Updated:
29/05/2020
Icon building

Property Type

Retail/Offices
Icon square

Land Area

1499 SQM
Icon size

Floor Area

1448 SQM
Icon parking

Parking

N/A

Stunning 2 Level Commercial Complex - Recent $3.5m Redevelopment

New 10 year lease to Government backed Not for Profit tenant - CNV
Secure 7 and 5 year retail leases including Zambrero 150+ stores nationally
Annual rent reviews
Tenants pay all usual outgoings as per leases
Prestige 1,448 sqm two level building totally redeveloped in 2016
High quality and capital intensive tenant fit-outs
Prime 1,499 sqm CBD site with 20m frontage and 13 secure car parks
Significant taxation saving depreciation
Greater Bendigo: Victoria’s third largest urban centre with a growing population of over 111,000, forecast to increase to 145,000 by 2031
Rent: $407,561 pa (est April 2018)

Auction 11am AEDT Wednesday 13 December 2017
River Room, Crown Casino, Melbourne

For more details, please email agent

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000


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