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360 Hargreaves St 7,427 SF Office Condo Unit Offered at $2,493,240 in Bendigo, VIC 3550



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
| Sale Type | Investment | APN/Parcel ID | 1\SP30824, 5\SP30824, 6\SP30824 |
| 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.
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.
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 |
| - |
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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 café/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 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.<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 | Floors | 2 |
| Property Type | Retail (Condo) | Typical Floor Size | 7,427 SF |
| Property Subtype | Storefront Retail/Office | Lot Size | 0.17 AC |
| Building Class | C |
| 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
1 of 7
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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360 Hargreaves St
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