32 Forest Street, Bendigo VIC 3550

A blue-chip investment opportunity or a sought after location to reside? Whichever way you look at it, this rare and coveted blank canvas at the top end of town will have the astute buyers mind in overdrive! Taking pride of place in exclusive Forest Street and bordering the famous View Street Arts precinct, the location is as good as it gets in Bendigo. In addition to the renowned galleries, theatres and restaurants in View Street, the property is in walking proximity to all of Bendigo's major attractions including its boutique shops, highly rated hotels, cafes and restaurants, the picturesque Rosalind Park, Queen Elizabeth Oval, Bendigo Aquatic Centre, and Catholic College and Girton Grammar schools.

The property occupies over a quarter acre (1133m2) allotment that is zoned General Residential, offering a substantial parcel of land that is seldom found so close to the CBD. Dual street access opens up options for development STCA, with access to the rear provided via Macgillivray Lane. There is an existing Planning Permit for a two lot subdivision, meaning some of the ground work has already been done for you.

The existing historical building has seen many uses in its lifetime, including most recently as a commercial entity, meaning your options are well and truly open STCA. The period faade is still striking, and offers an attractive footprint that keeps in theme with the surrounding area. Beyond the faade, the tri-storey building has been stripped internally to present as a shell with good solid bones to work with. The external structure is seemingly solid and intact, leaving the internal floor plan as a blank canvas for your fit-out ideas as a residential dwelling or possible commercial offices STCA. Hard work is required; however, peace of mind is assured knowing the location and exclusivity of the area will provide a return on your investment.

A substantial and rare parcel of land in the CBD with multiple possibilities, this will appeal to the astute minded purchaser who has the vision and foresight to take on a project of this size. Develop the land (STCA) and/or restore the magnificent building to its former glory and live your dream lifestyle in the centre of town. Call now for further information.