Australia | Belrose

For Sale: $400,000 - $440,000

194 Hargreaves Street, Bendigo, Vic 3550

# Location

Description

Up, Up & Away The sky's the limit for the future of this slice of central Bendigo. Figuratively that is. In fact, 20 metres of sky is the limit! Which is the maximum height permitted for any building in the centre of Bendigo. Land is a finite and scare commodity and it's a pleasant surprise to see opportunities to secure land present themselves - let alone land just metres from the Town Hall!

Our city's skyline is changing before our very eyes with land and the buildings of yesteryear being cunningly secured by those with vision and foresight. They can appreciate the story behind our old buildings and then incorporate that into their clever designs, in order to create spaces that meet the contemporary needs of our society.

The property has a frontage of 4.88m and a length of 30.48m, and measures a total of 149m2. Zoned Commercial 1 the highest and best use for the site is undoubtedly a multistorey development (STCA). Create a prized building with a mix of commerce and residences for our aspiring city apartment dwellers. Create floors and spaces ideal for a cafe, restaurant and retail; and a modern fit out for business.

Design that prioritises sustainability and maximises function will no doubt see the incorporation of a roof top garden, shared barbeque area, bike storage, green spaces and vertical gardens. As well as solar power, water harvesting, and eco-friendly construction materials.

With the Bendigo Law Courts development so immediately nearby, I can just imagine a caf? or restaurant at ground level, a law firm on the first floor, and highly desirable residences beyond. Or what an incredible opportunity for an architecture firm to undertake a development for their own needs, and entrench the power of their brand in the local community.

A copy of the Due Diligence checklist can be found at https://www.consumer.vic.gov.au/duediligencechecklist

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Patrick Skahill

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