331-335 High St 4,144 SF Office Building Kangaroo Flat, VIC 3555 $982,016 ($236.97/SF) 4.68% Cap Rate

This freehold property delivers a secure, income-generating opportunity in a high-exposure Golden Square location. Positioned along High Street with 24 meters* of prominent frontage, the 1,100m²* site benefits from Commercial 1 zoning and is leased to Grant Broadcasters Pty Ltd—a national broadcasting group operating Gold FM locally and 51 additional stations across Australia. The lease earns $65,571.81 per annum plus GST and outgoings, with a firm term through June 2029 and an optional extension to 2034, ensuring strong investment stability.
The modern 315m²* office building was fully fitted out in late 2019 and is purpose-designed for efficiency and comfort. It features a welcoming reception area, a large meeting space, five superior office zones—including two collaborative open-plan areas—plus a fully appointed kitchen. Zoned ducted heating and cooling, comprehensive insulation, and soundproofing enhance functionality for professional operations.
Additional asset improvements include a roller-door garage, secure 50m²* rear shed, and 12 dedicated on-site car spaces accessible via both side and rear driveways. These elements, combined with quality infrastructure and the security of a nationally recognized tenant, underscore this property’s enduring value proposition for investors seeking a stable, high-access location on Bendigo’s busy High Street corridor.