![]() Asset Class: | Industrial |
![]() Price: | $ 1225000 |
![]() Net Yield: | 5.85 % |
![]() Net Yield - including solar strategy: | % |
![]() Property Market Status: |
<b>Versatile industrial investment that screams for future development</b><br><br>Seize this excellent opportunity at 5 Whip Court, Long Gully, VIC, just 4 km from Bendigo's CBD. This industrial investment is leased at $75,884.78 per annum with a secure 3-year term and 2-year option, offering reliable income. The <b>3,378m2</b> lot, featuring building area of 537m2, provides ample room for future development or subdivision.<br><br>• Tenant secured on a 3-year lease with a 2-year option from<br>• Space for future development on a fully fenced 3,378m2 lot<br>• Close proximity to Bendigo's CBD<br>• Site coverage of only 15.9%<br>• <b>Eligible for Victoria's regional 50% Stamp Duty concession – which is an upfront saving of $33,688</b><br><br>A secure investment offering growth and development potential.
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Located in Bendigo's western suburbs, Long Gully is quickly emerging as<br>a key industrial area within the region. Known for its proximity to Bendigo’s<br>CBD and strong infrastructure links, Long Gully offers significant potential<br>for businesses seeking to benefit from the region’s expanding economy. Bendigo<br>itself, with its rich gold rush history and robust economic base, serves as a<br>major hub for business, tourism, education, and health services in central<br>Victoria. With a population of over 120,000 and continuing to grow, Bendigo is<br>increasingly becoming a prime location for businesses and investors alike.<br><br><br><b>Property Location:</b><br><br>Situated just 7 minutes from Bendigo’s CBD, this industrial property offers the<br>ideal blend of accessibility and future development potential. Positioned on a<br>large 3,378 sqm allotment, it is well-suited for businesses that require both<br>space and proximity to regional Victoria’s thriving centre. The location<br>provides excellent transport links and access to key local amenities, making it<br>a strategic choice for industrial operators.<br><br><br><b>Location in Relation to Greater Victoria:</b><br><br><ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-style:normal;"><b>Distance to Bendigo CBD:</b></span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;"> Just 7 minutes’ drive, offering quick access to the city's business and commercial services.</span></p></li></ul><br><ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-style:normal;"><b>Distance to Melbourne:</b></span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;"> Approximately 150 kilometres northwest via the Calder Freeway, providing convenient access to the state capital while maintaining regional cost advantages.</span></p></li></ul><br><br><b>Proximity to Important Landmarks and Economic Drivers:</b><br><br><ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-style:normal;"><b>Bendigo Railway Station:</b></span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;"> Located 3.1 km away, this major transport hub provides frequent train services to Melbourne and other regional centres, ensuring strong logistics and commuter links.</span></p></li></ul><br><ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-style:normal;"><b>Bendigo Health Precinct:</b></span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;"> Just a short drive from the property, Bendigo Health is one of the largest employers in the region, further enhancing the area’s growth potential.</span></p></li></ul><br><ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-style:normal;"><b>Bendigo Marketplace:</b></span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;"> Situated near the CBD, this shopping centre offers a range of retail and dining options, supporting the surrounding workforce and businesses.</span></p></li></ul><br><ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-style:normal;"><b>La Trobe University – Bendigo Campus:</b></span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;"> Approximately 5 km from Long Gully, La Trobe University brings students, staff, and economic activity to the region, adding to the dynamic environment.</span></p></li></ul><br><br><b>Local Amenities and Industrial Growth Potential:</b><br><br>Long Gully and the surrounding areas benefit from a strong network of<br>local amenities, including shops, schools, and health services. Bendigo’s<br>steady population growth and regional development initiatives continue to drive<br>demand for both residential and commercial properties, with the industrial<br>sector particularly well-placed to capitalize on future infrastructure<br>projects.<br><br><br><b>Emerging Market with Strong Commercial Demand:</b><br><br>Bendigo’s industrial property market is on an upward trajectory,<br>supported by affordable pricing, growing local industries, and strong<br>infrastructure. The combination of Long Gully’s strategic location and the<br>broader growth of Bendigo makes this property at 5 Whip Court a highly<br>desirable investment for those looking to tap into the region’s expanding<br>commercial and industrial sectors.
Additional Location Information File<b>A.R. Ball Rolling Stock Maintenance </b>specializes in the maintenance and manufacturing of equipment for the rail and mining industries. Their expertise includes servicing rolling stock, manufacturing components, and providing tailored solutions for industrial needs.
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Address | Total size: [Land] Building (sqm) | Rent / sqm ($) 5 Whip Court, Long Gully | [3378] 537 | 134/sqm 2-6 Festini Way, Long Gully | [3689] 577 | 121/sqm 1/78 Hattam Street, Golden Square | [1034] 450 | 118/sqm 78 Beischer Street, East Bendigo | [3539] 601 | 107/sqm 24 Hesling Court, East Bendigo | [10198] 3226 | 93/sqm 229-235 High Street, Bendigo | [780] 490 | 156/sqm
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Purchase Price: $1,225,000<br><b>Net Yield: 5.85%</b><br>Net Rent: $134/sqm<br><br>Purchase Rate:<br>On NLA: $2,281/sqm<br>On Land: $363/sqm<br><br>Asset Class: Industrial<br><br>Property Composition:<br>Warehouse: 495 sqm<br>Office: 42 sqm<br>Yard: 2,841 sqm<br><br>Property Market Status: Off Market<br>Age of Asset: 30-40 years<br>Unapproved Structures: None known to the agent<br>Owner's Reason for Selling: Divesting due to age (mid-70s)<br>Seller & Tenant Relationship: Not related<br>Tenant Occupancy:<br>Current tenant since August 2017<br>Last sold: 1998 for $165,000<br>Vacancy:<br>Currently tenanted<br>Estimated vacancy if unoccupied: 2-6 months<br>Flood Zone: No<br><br>Property Features:<br>Land Area: 3,378 sqm<br>Building Area: 537 sqm<br>Car Spaces: Ample<br>Frontage: Wide, with multiple entries for visibility and accessibility<br>Signage: Medium exposure; located in a cul-de-sac<br>Fit-Out: By landlord<br>Lifts: No<br>Roller Doors: Yes<br>Zoning: Industrial 3