Inspection and auction details
- Saturday14March
- Auction9April
Auction location: The Drawing Board Bendigo
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House for Sale in Bendigo
Exceptional Multi-Income Opportunity in the Heart of Bendigo
- 7 Beds
- 3 Baths
- 6 Cars
In-Room Auction: The Drawing Room, 79 Olinda Street, Quarry Hill VIC
This outstanding multi-dwelling property presents a rare and highly versatile investment opportunity, delivering strong immediate returns with significant upside potential. Comprising three separate dwellings on one title, the property offers flexibility rarely found in such a tightly held inner-city location.
The site includes a 4-bedroom period residence, a 2-bedroom unit, and a 1-bedroom unit, providing a total of 7 bedrooms, 3 bathrooms, and 6 car spaces. With three separate power meters, tenant management and billing are straightforward and efficient. The property has the potential to generate an impressive weekly income of $1,400 ($72,800 per annum), making it an ideal acquisition for investors seeking strong cash flow from day one.
Beyond the solid returns, the property offers a wealth of future potential. There is scope to renovate and reposition to further enhance value, explore Airbnb or short-stay accommodation for premium yields, or investigate rooming house or commercial/mixed-use opportunities (STCA). The flexible layout and prime positioning open the door to a variety of strategic options to suit your investment goals.
Perfectly positioned within walking distance of Bendigo's CBD, the location is second to none-offering immediate access to cafés, restaurants, retail, transport, health services, education precincts, and major employment hubs. This strategic inner-city setting ensures ongoing demand and long-term growth appeal.
A truly rare multi-income, multi-use investment in one of Bendigo's most dynamic and rapidly evolving growth corridors-opportunities like this are increasingly scarce. Enquire today to secure this exceptional asset.
789m² / 0.19 acres
6 off street parks
7
3
Next Steps:
Request contractAsk a questionPrice guide statement of informationTalk to a mortgage brokerAll information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.
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