162-164 Lyttleton Terrace, Bendigo, Vic 3550

Expression of Interest Closing:  Thursday 3rd of September, 2026 at 12pm 

Positioned within one of Bendigo's most tightly held commercial precincts, this outstanding city centre investment presents an exceptional opportunity to secure a landmark landholding leased to a long-standing national tenant.  

Combining a strategic location, substantial improvements and significant underlying land value, the property offers investors a secure income stream with long-term future potential. 

Property Highlights:    
- Prime position within the Bendigo City Centre  
- Strategic and highly visible site  
- Substantial building with office, showroom, storage and workshop facilities   
- Long-term, secure and blue-chip national tenant  
- Dual street frontage and multiple access points  
- Potential for future development (STCA) 

Site Details: 
- 3,040m²* Commercial 2 Zoned (C2Z) landholding (within proposed Activity Centre Rezoning)  
- Building of 710m2* + 115m2 undercover area   
- Full concrete hardstand  
- 6 land parcels  
- Frontage 25m* to Lyttleton Terrace & 70m* to Chapel St   
- All services available 

Lease Details:     
- Lessee: Kennards Hire Pty Limited (ACN: 001 740 727)  
- Rent: $135,000 + GST + outgoings 
- Current term: Ten (10) years 
- Current term expiry: 30 March 2033 
- Further terms: No further term  
- Reviews: CPI annually 

*Approximates 

Occupying approximately 3,040m² across six land parcels, the site enjoys prominent dual street frontage to Lyttleton Terrace and Chapel Street, delivering outstanding exposure and accessibility within the Bendigo City Centre. The property is zoned Commercial 2 and is located within the proposed Activity Centre Rezoning, providing an additional layer of long-term strategic appeal (STCA). 

With its combination of blue-chip tenancy, exceptional location, prominent exposure and future development potential (STCA), this is a rare opportunity to acquire a significant commercial asset in the heart of Bendigo's thriving city centre.

Disclaimer: 
All property measurements and information have been provided as honestly and accurately as possible by McKean McGregor Real Estate Pty Ltd. Some images may feature virtual staging, and some images may depict the surrounding area or local amenities and are provided for illustrative purposes only. Some information is relied upon from third parties. Title information and further property details can be obtained from the Vendor Statement. This content may have been generated with the assistance of artificial intelligence (AI). Any AI assisted content has been proofread but we acknowledge that it may contain errors. We advise you to carry out your own due diligence to confirm the accuracy of the information provided in this advertisement and obtain professional advice if necessary. McKean McGregor Real Estate Pty Ltd does not accept responsibility or liability for any inaccuracies.