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Investment Highlights

  • Two modern, open-plan office areas with existing fit-out for immediate use.
  • Prime central location with high-profile exposure to pedestrian and vehicle traffic.
  • Self-contained layout including kitchen, staff facilities, and storage.
  • Flexible zoning (C1Z) suitable for professional services, consultancy, healthcare, or legal practices.

Executive Summary

198 Hargreaves Street offers a rare opportunity to secure a high-quality CBD freehold in Bendigo’s vibrant commercial core, priced well under $650,000. With a landholding of 304 m² and flexible Commercial 1 zoning, the property combines immediate utility for owner-occupiers with compelling potential for investors focused on long-term leasing upside.
Currently configured with two large, modern open-plan office spaces, the property is fully fitted and ready for occupation, incorporating kitchen, staff amenities, and dedicated storage areas. Minimal additional capital outlay is required. Complementing its functional design, the site includes a highly sought-after feature in central Bendigo—off-street parking for up to four vehicles—enhancing overall accessibility.
Positioned prominently in the CBD and surrounded by key institutions including Bendigo Law Courts, GovHub, TAFE, and Hargreaves Mall, this property benefits from strong daily pedestrian and vehicle traffic. The address is further supported by extensive surrounding amenity including banking institutions, national retailers, cafés, and public transport links.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
1,367 SF
Building Class
C
Price
$445,414
Price Per SF
$325.83
Tenancy
Single
Building Height
1 Story
Typical Floor Size
1,367 SF
Building FAR
0.42
Lot Size
0.08 AC

Amenities

  • Signage
  • Kitchen
  • Natural Light
  • Air Conditioning
  • Listing ID: 40341766

  • Date on Market: 4/30/2026

  • Last Updated:

  • Address: 198 Hargreaves St, Bendigo, VIC 3550

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