38 Rowan Street, Bendigo, VIC 3550

* Unique offering in city centre location.

* Historic property comprising of 5 apartments.

* Walking distance to View Street and CBD.

* Each apartment offering own balcony/terrace.

* 5 car spaces.

What an opportunity! Priority1 Property is proud to present 38 Rowan Street, a unique investment packed with plenty of potential. Grand Inner City locations like these are intently held, and always sought after.

Set on 500m2 (approx.) and offering the appeal of its city centre location, this historic 1900s weatherboard and brick home has been converted into a 5-apartment complex. The property offers residents the ultimate ease of lifestyle ? grab a coffee and groceries, walk the local parks or become immediately immersed in Bendigo's bustling arts precinct along View Street.

Key features of each apartment include;

Apartment 1:

- 2 bedrooms with built-in robes

- Split system unit

- 3-piece bathroom

- Kitchen with dishwasher, gas cooktop

- Front porch

- 1 car spaces

Apartment 2:

- 2 bedrooms with built-in robes

- Split system unit

- Bathroom/laundry dual set up

- Kitchen with freestanding oven/gas cooktop

- Balcony

- 1 car space

Apartment 3:

- 1 bedroom with built-in robe

- Split system unit

- 3-piece bathroom

- Open plan kitchen/living space with freestanding oven/gas cooktop

- Balcony

- 1 car space

Apartment 4:

- 1 bedroom with built-in robe

- Split system unit

- 3-piece bathroom

- Kitchen with freestanding oven/gas cooktop

- Laundry connection in kitchen

- Ground floor terrace

- 1 car space

Apartment 5:

- 2 bedrooms with built-in robes

- Split system unit

- 3-piece bathroom

- Kitchen with freestanding oven/gas cooktop

- Laundry connection

- Ground floor terrace

- 1 car space

Whether you are the astute investor seeking additional rental income or you are after your next renovation project (STCA), 38 Rowan Street is set to have widespread appeal.

Multiple tenants with varying lease agreements, currently bringing in on average $6,218 per month of gross rental income.

Expressions of Interest close April 18th 2025 at 4.00pm.

Contact agent Chris Bone for more information.