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151 Don Street, Bendigo, VIC 3550, 7 Bedrooms, 5 Bathrooms, House
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Auction20/03, Thursday 17:30

151 Don Street, Bendigo, VIC 3550

7
5
7
1245m2
HouseListed on Tue Feb 18

Bendigo 7 Bedroom Prime Investment Opportunity: 7-Unit Complex with Value-Add Potential or Inner-City Conversion in the heart of Bendigo

Exceptional Investment Opportunity at 151 Don Street, Bendigo

Presenting a rare seven-unit complex brimming with value-add potential, perfectly positioned in the heart of Bendigo. This property offers significant appeal for investors or developers looking to enhance or transform it. With a strategic layout and existing infrastructure, the complex presents a versatile canvas for upgrades that could yield strong rental returns or potential resale growth, making it an enticing prospect in today's market.

The complex currently generates a total income of $1,370 per week with individual rental incomes of:

? Unit 1: $210 per week

? Unit 2: $210 per week

? Unit 3: $200 per week

? Unit 4: $160 per week

? Unit 5: $190 per week

? Unit 6: $200 per week

? Unit 7: $200 per week

This property offers immediate cash flow while presenting exciting value-add potential. Alternatively, this property can be reimagined into a Grand inner-city residence. With ample space and a prime location close to Bendigo's bustling CBD, this unique property can be transformed into an expansive and sophisticated single-family home.

Additionally, subject to council approval, the property presents potential for commercial use, such as, but not limited to, a medical practice, office business, or child care center-expanding the possibilities for future development and investment.

Don't miss out on this exceptional investment and development opportunity in the heart of Bendigo. To explore the full potential of 151 Don Street, contact Matt Connolly on (0419 369 844) or Liam Ryan on (0412 483 767) today. Secure your next strategic property move and make the most of Bendigo's vibrant real estate market!

Location

Auction

Mar20
Thursday06:30

Schedule a viewing

Estimate

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Bendigo Primary School
0.58 km
Primary
Prep-6
Government
icsea: 1009
Bendigo Senior Secondary College
1.15 km
Secondary
10-12
Government
icsea: 1001
Bendigo South East 7-10 Secondary College
3.16 km
Secondary
7-10
Government
icsea: 1021

Property history

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Bendigo surrounding data

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
142 Don Street, Bendigo
0.06 km
3
2
-m2
Year 2025 Month 02 Day 06
$925,000
Council approved
134 Violet Street, Bendigo
0.21 km
3
1
-m2
Year 2025 Month 01 Day 05
$485,000
Council approved
77 Rowan Street, Bendigo
0.25 km
3
1
-m2
Year 2024 Month 12 Day 22
$550,000
Council approved
134 MacKenzie Street, Bendigo
0.10 km
4
2
-m2
Year 2024 Month 12 Day 15
$905,000
Council approved
135 Don Street, Bendigo
0.11 km
6
3
-m2
Year 2024 Month 12 Day 04
-
Council approved

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Ref:3248155Last update:2025-02-18 11:12:30