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Overview
Situated within the well-established industrial precinct of East Bendigo, this expansive 1.263 hectare landholding offers an exceptional development opportunity for industrial uses. Zoned Industrial 1 (IN1Z), the site boasts substantial frontage to Gildea Lane and features excellent truck access and convenient connectivity to main arterial roads including Rohs Road and Strickland Road.
The property comprises a large hardstand area and an approximate 180 square metre permanent shed, combined with predominantly portable tenant infrastructure that currently generates an annual income of approximately $105,000 through an existing lease until February 2029. This provides prospective purchasers with both a secure holding income and the flexibility to plan longer-term development subject to council approval.
The scale, location, and configuration of the land make it highly adaptable for a range of future industrial developments such as owner-occupier facilities, warehouses, or multi-unit complexes, suited to heavy industry given the over 500 square metre buffer to residential allotments. Its proximity to Bendigo Airport and the city centre enhances the strategic value of the site.
This opportunity is well suited to investors seeking stable income, developers targeting infill industrial sites within a growing employment hub, or businesses aiming for owner-occupation in a prime location with room to expand.
Local Market Insights
In East Bendigo, Quiet Listings observed 3 new parcels of land entering the market over the last 30 days, down from 5 during the previous 30-day period, with an average advertised asking price of $1,205,000. The property type mix of listed properties is predominantly Houses at 83%, followed by land (5%), and townhouses (5%). The most active agency for land in the East Bendigo area is currently Ray White, representing 67% of new listings, followed by Canford Estate Agents with 33%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Change History
| Headline | When |
|---|---|
| For Sale | |
| For Sale: $3,200,000 - $3,400,000 |
Location
East Bendigo VIC 3550
Market Insights for East Bendigo VIC 3550
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