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79 Garsed St, Bendigo$455,000
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79 Garsed St

Bendigo, VIC 3550, Australia
$440,000 – $470,000
464 m²

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About this property

- Rare vacant allotment in an established and tightly held Bendigo precinct - Zoned Commercial 1 Zone (C1Z) the most flexible commercial zoning available - Ideal for retail, office, medical, hospitality or mixed-use development for both residential and commercial - Blank canvas design and build to suit your town house or home - Potentially the only generous block of land (464m2) available in the heart of the Bendigo CBD. Commercial land of this size is becoming increasingly difficult to secure - Excellent opportunity for owner-occupiers or developers - Potential for high-exposure business presence in a proven commercial location - Extremely rare inner city block in the CBD and on the doorstep of the Bendigo Market place - The property is zoned Commercial 1 and with planning approval you can build either a residential home or commercial premises. One or the other or a mix of both. Making it perfect for the small business wanting to reside on site with their business premises located at the front to capture the high profile the location offers - Walk to the train station, Bendigo market place, cafes, restaurants and all that is available in central Bendigo. The locale is a most desirable area of Bendigo - There are no other blocks of land in this central area as there are no green field sites available in the CBD. All services are available - All services are available - the block is titled and ready to build on and has its own frontage to Garsed Street - Ideal for establishing business premises or offices in a prime blue chip locale on a level block - Suitable for long-term investment with future development upside - Positioned within a well-established area surrounded by existing businesses and amenities - Strong appeal for those seeking to establish or expand within the Bendigo commercial market - As the opportunity to purchase land has diminished recently across the Bendigo CBD this lovely block of 464m2 provides a great opportunity for those wanting a mix of business and residential development This information has been provided to us by third parties and we do not accept any responsibility for its accuracy. You should make your own enquiries and check the information so as to determine whether or not this information is in fact accurate. You must make your own assessment and obtain professional advice if necessary. Property Code: 1077

Property Details

Property Type
land
Listing Type
For Sale
Land Area
464 m²
Listed
3 months ago

Repayment calculator

$2,206/month
$1,103 /fortnight
Loan $364,000 at 6.10% over 30 years

Upfront costs

Deposit$91,000
Stamp duty$22,370
Conveyancing (est.)$2,000
Total upfront$115,370
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Bendigo

This land in Bendigo, VIC 3550 sits within reach of public transport, local shops and nearby schools. It is listed 36% below the $710,000 median of 76 comparable landswithin 5 km.

Schools near Bendigo

  • Creek Street Christian Collegecombined · Prep-12 · CoEd
  • Girton Grammar Schoolcombined · Prep-12 · CoEd
  • Girton Grammar School - Junior Schoolcombined
  • Bendigo Primary Schoolprimary · Prep-6 · CoEd
  • Camp Hill Primary Schoolprimary · Prep-6 · CoEd
  • Lightning Reef Primary Schoolprimary · Prep-6 · CoEd

What's nearby

  • Bendigo (train)377 m away
  • Bendigo Bicycle Centre410 m away
  • Railway Park422 m away
  • Unnamed479 m away
  • Palmerston Square499 m away

Bendigo at a glance

Full suburb profile
Population
5,652
Median age
43
Household income
$1,429/wk
Median rent
$290/wk
Median mortgage
$1,482/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Bendigo price trend

Median sold · House 3 bed

Compound growth +2.0% / yr over 4 yrs

$645kcurrent median

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Price history

Listing price changes

1 price change recorded for this property

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