343 Barnard Street Bendigo, VIC 3550

For Sale by Auction - Heritage Charm with Exceptional Live/Work & Income Potential

In-Room Auction : The Drawing Room at 79 Olinda Street, Quarry Hill

343 Barnard Street, Bendigo VIC
(Formerly the Violet Street Hotel)

A rare opportunity to own a piece of Bendigo's history: a beautifully styled four-bedroom, two-bathroom residence imbued with period character and extraordinary scope for multiple income streams and flexible usage. Positioned on a wide corner allotment (~861m²) within the renowned Violet Street precinct, this home offers a seamless blend of architectural heritage and contemporary functionality.

Key Features

Bedrooms & Bathrooms

4 bedrooms, including flexible spaces ideally suited for living, working, or short-stay accommodation.

2 full bathrooms + 3 toilets, ensuring comfort and convenience across family and guest usage.

Kitchen & Living

2 kitchens, with scope for a third kitchenette-perfect for dual households, shared living, or separate live/work arrangements.

Parking & Outdoor

Secure carport accommodates up to 4 vehicles.

Private garden, generous shed, solar installations-offering lifestyle appeal and sustainability.

Historic Features & Zoning

Original cellar remains intact, a standout heritage detail offering unique character and versatility.

Situated within Residential Growth Zone (RGZ) and Commercial 1 Zone (C1Z)-allowing for diverse residential use and commercial activity (subject to approvals).

Triple-Income Potential - Why This Property Stands Out

Rental potential $1,625 per week
Studio $400 per week
House $550 per week
Commercial shop $675 per week

Commercial Business Opportunity
Launch or continue a live-in commercial enterprise-whether a salon (already installed and functional), clinic, office, or studio-leveraging the C1Z zoning for business use.

Self-Contained Studio / Airbnb
With a secondary kitchen and multiple toilets, the property lends itself easily to a self-contained studio or short-term rental-providing a steady rental or Airbnb income stream.

Primary Residence + Investment Options
Occupy the main residence and generate income by renting out separate zones. Alternatively, consider a rooming house configuration or multi-tenancy setup-optimizing returns while retaining flexibility.

Heritage, Location & Market Appeal

Rich Architecture & Local Significance
Retaining its original cellar and storied past, the home exudes timeless character. Nestled in the heart of the Violet Street precinct-a neighborhood celebrated for its gold-era buildings and historic charm.

Strong Market Outlook

Land size: 861m²

Auction Highlights Snapshot
Feature Description
Bedrooms 4
Bathrooms 2
Toilets 3
Kitchens 2 (plus scope for 3rd kitchenette)
Parking Up to 6 vehicles
Heritage Elements Original cellar intact
Zoning RGZ & C1Z
Income Streams Salon/commercial business, self-contained rental (Airbnb/studio), primary residence + rental/rooming house

In Summary: This property isn't just a home-it's a versatile income-generating asset rich with character, strategically located, and offering deep flexibility for modern living, business, or savvy investment. A true standout in Bendigo's market.