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14 King St 7,890 SF Office Building Bendigo, VIC 3550 $1,297,664 ($164.47/SF) 5.95% Cap Rate



Investment Highlights
- Two-level configuration featuring private offices and flexible open-plan areas.
- Staff kitchens and amenities fitted on both floors with easily accessible parking options nearby.
- Fully wired for data networking with integrated heating and cooling systems.
- Conversion potential for 4–6 inner-city apartments, subject to council approval.
Executive Summary
Offered for between $1,800,000 and $1,850,000 (plus GST), this double-storey office asset presents a rare opportunity for investors or owner-occupiers seeking a commercially zoned property with long-term flexibility. The building offers a combination of multiple private offices, staff amenities, training suites, and a large open-plan upper level configured for collaborative work. Fully network cabled and equipped with heating and cooling throughout, the property ensures operational continuity for office-based enterprises.
The Commercial 1 zoning and central positioning between Bendigo’s CBD and Market Place Shopping Centre add strong demand potential, while nearby transport connectivity underpins accessibility for clients and workforce. A unique element of upside comes from the property’s alternative use potential—subject to council approval—for redevelopment into residential apartments, capitalizing on Bendigo’s growing urban living appeal. With staff facilities across both levels and ample proximate parking, this asset combines immediate occupational utility with future adaptability.
The Commercial 1 zoning and central positioning between Bendigo’s CBD and Market Place Shopping Centre add strong demand potential, while nearby transport connectivity underpins accessibility for clients and workforce. A unique element of upside comes from the property’s alternative use potential—subject to council approval—for redevelopment into residential apartments, capitalizing on Bendigo’s growing urban living appeal. With staff facilities across both levels and ample proximate parking, this asset combines immediate occupational utility with future adaptability.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
7,890 SF
Building Class
C
Price
$1,297,664
Price Per SF
$164.47
Cap Rate
5.95%
NOI
$77,158
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
3,945 SF
Building FAR
1.98
Lot Size
0.09 AC
Amenities
- Wheelchair Accessible
- Kitchen
- Reception
- Storage Space
- Central Heating
- Demised WC facilities
- Open-Plan
- Recessed Lighting
- Air Conditioning
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14 King St
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