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43 Hopetoun Street
Bendigo, VIC 3550
Auction Price Guide: $845,000 - $925,000
Overview
Exceptional Multi-Income Opportunity in the Heart of Bendigo
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 currently generates an impressive total income of $1,400 per week ($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.
Location
Bendigo VIC 3550
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