Share This Listing

Message

961 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • Premium Bendigo CBD location within walking distance to retail, dining, and professional services.
  • Ground floor retail component enhances income diversity and increases pedestrian traffic to the property.
  • Dual street access plus lift connectivity to all floors for improved accessibility.

Executive Summary

The property is a two-story building with both retail and office components, situated at 360 Hargreaves Street, Bendigo, Victoria. It is located within the central business district and is accessible from both Hargreaves Street and Bath Lane. The building includes lift access and has multiple retail tenants along the ground floor, with the 1st floor containing meeting rooms, offices, kitchen facilities, and balcony areas. The zoning for the site is Commercial 1 Zone.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 1, 5, 6
  • 7,427 SF
  • Office
  • $2,493,240 ($335.70/SF)
  • -
Sale Type Investment
APN/Parcel ID 1\SP30824, 5\SP30824, 6\SP30824
Description
The property offers a modern, versatile commercial environment across the entire 1st floor, designed to accommodate a wide range of business operations. Interiors feature generous natural light and carpeted flooring throughout, creating a bright and professional setting. Multiple large rooms are interconnected with bifold doors that allow flexible reconfiguration into open-plan work areas or private zones, ideal for offices, training centers, or collaborative spaces.

Meeting rooms and conference areas are integrated into the layout, complemented by dedicated café/kitchen facilities for staff convenience. The premises include seven unisex restrooms, disabled amenities, and improved accessibility through a central lift servicing all levels.

Balcony access overlooking Hargreaves Street adds an appealing outdoor aspect, while dual street frontages via Hargreaves Street and Bath Lane ensure efficient circulation and entry options. The overall design prioritizes flexibility, functionality, and compliance with modern accessibility standards—perfect for professional, educational, or institutional users.
Sale Notes
This commercial freehold offers an exceptional investment opportunity in Bendigo’s thriving CBD. Occupying Unit 1, 5 and 6, The property is secured by a 10-year lease to the Victorian Education and Training Department, ensuring a strong, structured income stream through 2034. The current annual return of $165,000, with CPI-linked increases and outgoings recoverable, reinforces this asset’s long-term value profile.

The building has been extensively upgraded and incorporates large adaptable spaces, including bifold partitions for variable layouts. Interior features such as carpeted floors, ample natural light, and contemporary finishes enhance its operational functionality. The property also offers lift access to all levels and dual entry points from Hargreaves Street and Bath Lane, improving tenant convenience and accessibility.

Additional amenities include multiple unisex and accessible restrooms, a well-appointed café/kitchen area, spacious boardrooms, and a balcony with views across the CBD. Surrounded by Bendigo’s core retail, business, and hospitality precinct, this property combines security of tenure with a prime position in a high-visibility location.

Whether viewed as a low-maintenance investment or a long-term capital appreciation play, this asset reflects robust fundamentals in one of Victoria’s most dynamic regional markets.
Unit Unit Size Condo Use Price NOI
Unit 1, 5, 6 7,427 SF Office $2,493,240 ($335.70/SF) -

Unit 1, 5, 6

Unit Size
7,427 SF
Condo Use
Office
Price
$2,493,240 ($335.70/SF)
NOI
-

Unit 1, 5, 6

Unit Size 7,427 SF
Condo Use Office
Price $2,493,240 ($335.70/SF)
NOI -
Sale Type Investment
APN/Parcel ID 1\SP30824, 5\SP30824, 6\SP30824
Description
The property offers a modern, versatile commercial environment across the entire 1st floor, designed to accommodate a wide range of business operations. Interiors feature generous natural light and carpeted flooring throughout, creating a bright and professional setting. Multiple large rooms are interconnected with bifold doors that allow flexible reconfiguration into open-plan work areas or private zones, ideal for offices, training centers, or collaborative spaces.<br> <br> Meeting rooms and conference areas are integrated into the layout, complemented by dedicated caf&#233;/kitchen facilities for staff convenience. The premises include seven unisex restrooms, disabled amenities, and improved accessibility through a central lift servicing all levels.<br> <br> Balcony access overlooking Hargreaves Street adds an appealing outdoor aspect, while dual street frontages via Hargreaves Street and Bath Lane ensure efficient circulation and entry options. The overall design prioritizes flexibility, functionality, and compliance with modern accessibility standards—perfect for professional, educational, or institutional users.</li></ul>
Sale Notes
This commercial freehold offers an exceptional investment opportunity in Bendigo’s thriving CBD. Occupying Unit 1, 5 and 6, The property is secured by a 10-year lease to the Victorian Education and Training Department, ensuring a strong, structured income stream through 2034. The current annual return of $165,000, with CPI-linked increases and outgoings recoverable, reinforces this asset’s long-term value profile.<br> <br> The building has been extensively upgraded and incorporates large adaptable spaces, including bifold partitions for variable layouts. Interior features such as carpeted floors, ample natural light, and contemporary finishes enhance its operational functionality. The property also offers lift access to all levels and dual entry points from Hargreaves Street and Bath Lane, improving tenant convenience and accessibility.<br> <br> Additional amenities include multiple unisex and accessible restrooms, a well-appointed caf&#233;/kitchen area, spacious boardrooms, and a balcony with views across the CBD. Surrounded by Bendigo’s core retail, business, and hospitality precinct, this property combines security of tenure with a prime position in a high-visibility location.<br> <br> Whether viewed as a low-maintenance investment or a long-term capital appreciation play, this asset reflects robust fundamentals in one of Victoria’s most dynamic regional markets.</li></ul>

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 14,854 SF
Property Type Retail (Condo)
Property Subtype Storefront Retail/Office
Building Class C
Floors 2
Typical Floor Size 7,427 SF
Lot Size 0.17 AC

Amenities

  • Wheelchair Accessible
  • Air Conditioning
  • Balcony
  • Listing ID: 40487739

  • Date on Market: 5/12/2026

  • Last Updated:

  • Address: 360 Hargreaves St, Bendigo, VIC 3550

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}