For Sale
110-112 Pall Mall Bendigo
$1,500,000
HIGH-PROFILE INVESTMENT WITH SOLID 7.24% RETURN TO LONG-TERM TENANTS WITH 485m2 OF OFFICE SPACE!
This is blue-chip at its best.
7.24% return on investment or 7.96% including GST!!
– An iconic high-profile building in heart of Bendigo’s CBD offering an abundant 485m2 of useable office space.
– Long-term tenant (20+ years) with a 3 x 3 year lease paying $108,675 plus GST per annum plus outgoings and a CPI Review every 12 months
– Close proximity to the new Law Courts and Bendigo Gov Hub
– Loads of scope to update, improve and value-add
– Rear access to a registered laneway
– High-traffic exposure
– Set amongst established businesses and opposite Howard Place
The property is currently set-up with:
– Large office and reception entry
– 3 meeting rooms
– 10 enclosed offices
– 2 open hubs for multiple desks
– Store/IT room
– 4 toilets and 2 basins
– Kitchenette
– Multiple meeting rooms
– The sale includes most of the plant and equipment, such as desks, filing cabinets, chairs, including the installed security system.
Take charge of your investment portfolio, location, size and potential are all considerations with 110-112 Pall Mall.