17 Bath Lane Bendigo VIC 3550

This premium commercial property is positioned in the heart of Bendigo's prime CBD retail precinct, making it a highly desirable long-term investment opportunity.

Mona Lisa is the highly regarded and established tenant, occupying the premises for 27 years as an iconic local womens fashion business. The new 5 year lease with 2 x 5 year options offers a stable and solid income stream with a healthy return on investment of approx 6%.

KEY FEATURES:

- Premium location in a popular and high foot traffic area in Bendigo CBD

- Very well presented premises

- Established and performing tenant operating as Mona Lisa

- Rental of $53,045 per annum with fixed 3% increases

- Lease for 5 years from June 2023 with 2 x 5 year options
- Commercial 1 Zoning

Boasting a well-maintained interior and a large main room this space is well suited to its current ladies fashion use. The property is zoned for commercial use and has good street frontage and enjoys excellent foot traffic.

In the tightly held precinct this property is a smart addition to any investor's portfolio.