Officeworks Bendigo_Property for Sale
Officeworks Bendigo_Property for Sale
297-305 Hargreaves Street, Bendigo, VIC, 3550, AU

Officeworks Bendigo

Asset description

JLL Retail Investments has the exclusive privilege of offering for sale Officeworks Bendigo, an exceptional opportunity to acquire a 100% freehold investment in the heart of Bendigo’s CBD with a secure NET lease to Australia’s leading office-supplies retailer, Officeworks Limited.


Featuring exceptional retail exposure to both Hargreaves Mall and Queen Street, the property provides a rare opportunity to gain a significant 2,248sqm* Commercial 1 Zone (C1Z) site in one of Victoria’s oldest and largest regional cities. 

 

Key details of the opportunity include:


+ 100% leased to Officeworks Limited - Wholly owned by Wesfarmers (WES:ASX) (Market Cap: $84.2B)+

+ High profile CBD location with exposure to Queen Street & Hargreaves Mall

+ Estimated Net Income $379,982 p.a. + GST

+ NET Lease structure with tenant responsible for all outgoings including Land Tax

+ Fixed annual CPI rental increases

+ Highly flexible building with 3,233 sqm of GLA set across three levels

+ Significant 2,248sqm Commercial 1 Zone (C1Z) site

+ Secure undercover customer car parking for 25 vehicles off Queen Street

+ Potential for 50% stamp duty savings

+ High growth location with Bendigo’s population forecast to grow by 33% by 2046

 

Officeworks Bendigo is being offered for sale by an Expressions of Interest process closing Thursday 29th May 2025 at 3:00pm (AEST)

 

To obtain further information or to arrange an inspection, please contact the exclusive selling agents:


Tom Noonan | 0402 319 698

Stuart Taylor | 0428 000 000

Dominic McGrath | 0416 440 525

 

...

Attributes

Building area gross
3,233 sm
Land area gross
2,248 sm
Parking spaces
25

Media

Investment highlights

100% leased to Officeworks (ASX:WES)

Flexible 3-level building of 3,233sqm*

Large 2,248sqm* C1Z site with dual street frontage

Officeworks Bendigo 4_Property for Sale
Officeworks Bendigo 4_Property for Sale

Contact brokers

Officeworks Bendigo (0 Properties)

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Last updated
Apr 30, 2025