CBRE Hotels are pleased to be offering this prime central Bendigo site located at 306 Hargreaves Street within the Bendigo Mall Precinct. Bendigo is Victoria’s second largest regional city servicing the central and north east of the state.
Bendigo is steeped in history with many historic buildings that are a nod to our gold mining and agricultural history. Today, Bendigo is a major centre that services a vast population in the broader regions with commercial, health and educational needs.
The development of a significant hotel development in Central Bendigo to service the corporate and leisure demand of this growing market has long been considered. This centrally located site with DA for a 110-room hotel and associated food, beverage and meeting facilities will appeal to developers and investors alike. The scarcity of four-star accommodation options available in the region make this a compelling buy. With an existing DA and full building documentation to building permit stage, this site is ready to be developed.
Investment highlights:
- Attractive hospitality retail at ground level fronting Hargreaves Mall
- Firm interest from experienced hotel operator to operate under the Mantra brand
- Bendigo is Victoria’s second largest regional centre servicing the central and northern regions of the state
- Bendigo is a popular centre for sporting events and art festivals
- Strong demand generators from the Health, Education and Commercial sector
- DA site in commercial centre
- Site area of 842sqm zoned Commercial 1
- Approval for 110 rooms (four-star) and ready to build
For sale via Expressions of Interest closing Thursday, 23 November 2023 at 2:00pm (AEDT).
For further information, please contact the exclusive agent.
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