For Sale
192-194 High Street Bendigo
$3,180,000
5 APARTMENT COMPLEX IN THRIVING BENDIGO!
Presenting an outstanding opportunity to run your own motel complex for either long term or short-term accommodation. Or as a fantastic investment or AirBNB operation. You may choose to live in one apartment and rent out the other four apartments. The options are many.
Five modern apartments, on their own separate titles and on the fringe of Bendigo CBD.
Each apartment has three bedrooms, two bathrooms, a double garage with remote roller door and come fully furnished with gorgeous, quality sofas, occasional chairs, dining settings, bedroom suites, wall art and complementary colours. Split system heating and cooling, quality blinds and pelmets coordinate for pure comfort. Kitchens and bathrooms are in superb condition, in timeless tones with stainless steel appliances.
Apartments at lot 1, 2 & 3 each have a flexible floorplan and can be let out as either a 1-bedroom apartment downstairs and a separate 2-bedroom apartment upstairs to maximise the rental return, or as a 3-bedroom apartment. The choice is yours.
Step through the main door into an entrance foyer. One door leads to the downstairs 1-bedroom apartment with kitchenette, open-plan living and bathroom with corner spa. The second doorway leads to the upstairs two-bedroom accommodation with open plan kitchen/dining/living space, bathroom and balcony.
Apartments at lot 4 & 5 have three bedrooms, two bathrooms, with a two car garage and are also fully furnished with similar furniture, have split systems and a balcony.
These professionally developed properties are well established, yet looking very smart, thanks to their contemporary design, updated floor coverings and recent internal paintwork. The apartments have a proven record as successful accommodation, with high occupancy rates and frequent repeat business from corporate guests and families.
The location is a clear advantage here, being situated alongside the historic National Hotel, and opposite the tourist attraction, Central Deborah Gold Mine. It’s also short walk to Woolworths supermarket, the beautiful Sacred Heart Cathedral, and the city beyond, with its bars and restaurants, boutique shops and world-class arts precinct.
Whether you are seeking short-term, long term or as an AirBNB, these apartments represent an excellent return on your investment.
Call Darren today to arrange your private inspection.