212 Queen Street, Bendigo VIC 3550

212 Queen Street, Bendigo presents an exciting and unique opportunity for investors, business owners, or those with an entrepreneurial mindset looking for a high-yield property. This double-storey, seven-bedroom, five plus bathroom Victorian weatherboard home is currently operating as a successful short-stay accommodation property, offering the flexibility to rent out individual rooms or the entire house.

Currently already setup with an actively approved council permit to operate as a rooming house the property boasts potential in the current market to secure a great return, with current demand and market conditions suggesting a rental appraisal of approximately $280 P/w per room this is an unmissable opportunity for investors to buy a high cashflow property with potential to return over $100,000 in rental income per annum.

The home itself is well-maintained and presents in neat, updated condition throughout. Each of the seven bedrooms is generously sized and includes built-in robes and great natural light. Three of the bedrooms boast private ensuites, while two upstairs rooms enjoy direct balcony access with views over the established backyard.

The open-plan kitchen, living, and dining area is spacious and well-suited to accommodating groups, featuring ample storage, bench space, and stainless steel appliances. The property is also wheelchair-friendly, ensuring accessibility for all.

The property is also wheelchair-friendly, with a bedroom with full DDA compliant ensuite, ensuring accessibility for all.

The property is also equipped with eco-conscious features to keep running costs low, including solar panels, reverse cycle air conditioning, roof space heat recovery system, rain water tanks and sensor / timer lighting.

With its prime location, versatile layout, and strong potential for high returns, this Class 1b property is an excellent opportunity for investors seeking a profitable short-stay or rooming house venture.