MM | Property Insights | Summer 2020/2021

MM | P R OP ER TY I NSI GHTS | SU MME R 2 0 2 0 /2 0 2 1

G REAT OU TCOMES ARE OUR PASSION

SOLD FOR

SOLD FOR

SOLD FOR

$430.5 K

$900 K

$855 K

SOLD FOR

SOLD FOR

SOLD FOR

$450 K

$60 7 K

$290 K

SOLD FOR

SOLD FOR

SOLD FOR

$36 7.5 K

$70 0 K

$5 75 K

L E T US DO THE SAME FO R Y O U

P R O P E R T Y M A R K E T U P DAT E BROCK PINNER

SA L E S & MARKETING M ANAGER

V I S I T MC KE A N MC GR EG O R . CO M. AU TO SUB SCR I B E

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Contents 4

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F E AT URE PRO PE R T Y 172 Wattle Street, Bendigo

D IS T RIC T S POT L IG HT T Outer South-East Bendigo

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TH E LI F EST Y LE H U N T ER S

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Q & A

Sharing the good life

MM Commercial Team

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FEATURE PROPERTY

172 Wattle Street, Bendigo

Built in 1900, this simply outstanding home offers the very best of period charm and modern conveniences following an impeccable renovation. The quality and finish ensures there will be nothing a new owner needs to do for a very long time, and the new additions to the space blend seamlessly with the original heritage features. Located in a convenient city-central position, the home is walking distance from just about everything including QEO, Faith Leech Aquatic Centre, Rosalind Park, primary and secondary schools, the hospital precinct and all the CBD of Bendigo has to offer.

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UNDER OFFER

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FEATURE PROPERTY CONTINUED

The light-filled home is the epidemy of class and features a formal lounge off the main entry. A living and dining area leads through to a contemporary and stylish kitchen, finished with timber and marble; quality appliances; and excellent storage. The kitchen opens out to a sunny and private courtyard and garden. The home features four bedrooms with the master at the front of the house featuring built-in storage, a stunning ensuite and an additional room that could serve as a nursery or home office. One of the bedrooms features a mezzanine level, and the fourth bedroom at the rear of the property is the perfect guest suite, extra living space or room to work.

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Additional features: •

Reverse cycle ducted refrigerative gas cooling and ducted floor heating

•

Open fireplaces in living and master with cast iron insert

•

Quality kitchen appliances including 900mm oven, three-burner gas cooktop and dishwasher

•

Renovated kitchen cabinetry and finish with timber and marble detail, sunken sink and butler’s pantry

•

Fully renovated bathrooms – ensuite with marble vanity, stone sink and walk-in shower with dual shower heads and completely waterproof family bathroom with walk-in shower

•

Two-storey cubby house and fort

•

Secure fencing and vehicle access to front yard

•

Cellar

Contact Amy Sim - 0427 703 661 to arrange an inspection.

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Outer South-East Bendigo SU BU RB S POTL I G H T

Emu Creek, a stream approximately 12km south-east

Creek had both Anglican and Catholic primary schools

of central Bendigo was settled by farmers in the 1850s.

in the 1860s and Upper Axe Creek North Primary School

Among them were several German vignerons and by

was renamed Eppalock Primary School in 1920 – a lovely

all reports these winemakers quickly established good

school that enjoys an excellent community today. On

businesses. Cal Heine and William Griffenhagen had

Axe Creek Road is St Joseph’s Catholic Church (the brick

an estate with a permanent staff of 30 and up to 70

build replaced weatherboard in 1937) and many of

seasonal pickers. However, by the early 1900s it was

the Axe Creek and Emu Creek residents enjoy a simple

noted in The Australian Handbook 1903 that “all the

country life, with a few traditional farmers in between.

vines in the district have been grubbed out on account of Phylloxera and vignerons have to take to bad agricultural land.” The handbook also referenced the fact that “a little gold is found”, however this part of the city certainly didn’t experience the rush of the rest of the region.

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The district of Sedgwick, south-west of Emu Creek and adjoining Axe Creek, was named Upper Emu Creek until 1901. Freehold land was granted here in 1854 and in 1865 an acre of land and 60 pounds was set aside to build a common school. There was only one mine in the district – the Great Eastern, now closed along with its namesake,

Axe Creek, on the Bendigo-Redesdale Road converges

the once successful local pub – and irrigation water from

with Emu Creek and later joins the Campaspe River. Axe

the channel supplied many farms for fruit and tomato

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growing. The earliest industry in the area was bark stripping although at one time, Sedgwick produced thousands of

Outer South-East Bendigo at a glance

cases of apples and pears for export. The Springs, where

• Population 1,599

the channel water runs over rocks, was once a favourite

• Male 50.5%

picnic area and day out for Bendigo locals. An active fire

• Female 49.5%

brigade, tennis club, landcare group and hall all provide a

• Median age 44

sense of community in the area.

• Families 456

As you head back towards Bendigo, the narrow valley of Mandurang sits alongside Sheepwash Creek to the north, and to the east through pretty Tannery Lane. The tannery the road is named after closed in 1904 but once employed over 30. The name Mandurang is thought to be derived from the Aboriginal word meaning black cicada and the area was settled in the 1860s for gold and also for timber cutters who harvested trees from what is now the State Forest. Jean De Ravin, a vintner who opened cellars in 1866, lived on what is one of four wineries in the immediate area – the pretty Chateau Dore.

Today, this picturesque part of the city is enjoyed by hobby farmers, horse enthusiasts and residents who like having the city at their fingertips whilst still enjoying the beauty, space and freedom of rural living. The proximity to Bendigo has always been a solid drawcard to the area, and a short drive via Harcourt brings you to the Calder Freeway and on to Melbourne with minimal effort, ensuring this is a stunning piece of Bendigo that offers the best of both worlds.

• Private dwellings 610 • Average people per household 2.6 • Median monthly mortgage repayments $1,712 • Median weekly rent $260 EDUCATION IN SOUTH-EAST BENDIGO: Zoned Government Schools • Zoned Government Schools • Eppalock Primary School • Bendigo South East Secondary College (Years 7-10) • Bendigo Senior Secondary College (Year 11 & 12) Bordering Government Schools • Strathfieldsaye Primary School • Spring Gully Primary School • Axedale Primary School • Kennington Primary School • Weeroona Secondary College (Years 7-10) • Crusoe Secondary College (Years 7-10) Catholic Schools • St Francis of the Fields Primary School • St Therese’s Primary School • St Josephs Primary School • Catherine McAuley College Independent Schools • Creek Street Christian College • Victory Christian College • Girton Grammar Information based on 2016 Census Results and covering Emu Creek, Axe Creek, Sedgwick and Mandurang.

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The Lifestyle Hunters SH ARI NG TH E G O O D L I FE

We Aussies are an adaptable mob. Particularly in times of

statistics coming out of realestate.com and Domain

hardship. We are known for it; we are inquisitive travellers

both tell us that Bendigo is the second most researched

and lifestyle hunters. Historically during times of recession,

regional city by Melbournians. Second only to the

Aussies haven’t been afraid to move to where the work

Warrnambool area. MM has seen high demand for

is, and now we aren’t afraid to uproot our families to seek

property in Bendigo from Melbourne buyers for some time,

affordability and a better lifestyle. The migration statistics within Australia during the last recession reinforced this, and the migration indicators throughout this year are telling us our response to the COVID-19 crisis is no different.

Glenn Rea, Principal at McKean McGregor says, “the

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and COVID-19 has increased the demand. Lockdown restrictions haven’t deterred genuine buyers from Melbourne. Our team has worked to provide them with information and digital inspections. So many are buying without having physically been to the property.”

It’s not surprising that rural acreage properties are popular

surfing and the coast, so I initially looked to the surf coast

with tree changers. Those who go to the effort of making

beyond Geelong, but the links to Melbourne aren’t as

the transition from urban sprawl to rural life are attracted

convenient as Bendigo. Ballarat is too cold and I didn’t

to space, privacy, tranquillity, friendly neighbours - at a

feel the same vibe, north-east Victoria just seemed a bit

friendly distance, and wide-open vistas. We had a chat

remote. So, this area on the Melbourne side of Bendigo

to a couple of Axe Creek locals about their experience

ticked the boxes for us.”

of this trend. One a fifth generation Axe Creek local and farmer, and the other - a professional from Brighton who packed up his family to trade the urban sprawl for 20 acres of tranquillity – and hasn’t looked back.

Brian says, “the Axe Creek/Sutton Grange area is the best of both worlds. It’s only 20 minutes into Bendigo with all the medical facilities we need and it’s only 1.5 hours to Melbourne.” This neighbourhood at Red Box Drive is now

Brian Edwards was busy carting hay when I called to

home to, “good community minded people, who love

chat, after all the sun was shining. He agreed to meet at

living where they live,” says Brian.

the providore for a cuppa before his 4pm ‘appointment’ on the golf course. The Axe Creek farming lifestyle has obviously kept this 73-year-old fit.

Andrew and his family have adapted well to rural life, he runs some of Brian’s sheep on his property to keep the grass down. Brian helps him out with some firewood and

Brian has lived in the Axe Creek area all his life, his farm –

the neighbours are all on hand to loan each other tools

mainly merino wool, has been in the Edwards family for

and equipment.

five generations. Like so many family farms over the past few decades it has had to grow and evolve with the dramatically changing nature of farming life. Part of this change has seen Brian sell some of his land as 20-acre lifestyle parcels to Melbourne migrants such as Andrew and Janet Purton.

You get the sense from talking to Brian and Andrew the Axe Creek residents enjoy their community and lifestyle.

Economic peaks and troughs, such as the one we are experiencing now, come and go, but a lifestyle that allows you to be surrounded by family and a good community – now that’s the golden fleece.

Andrew Purton grew up in Brighton, his wife Janet is also a Melbourne native, they are both busy professionals at Bendigo Bank and parents to two active young boys, Joshua aged five, and Lachlan three.

I ask Andrew the obvious, “What brings a Brighton boy to Axe Creek?” Andrew says he has always been a bit of a frustrated farmer. He would have gone the full rural mile and bought a farm but Janet, perhaps understanding the demands of raising two little boys while they both manage busy professional careers was hesitant. “So, we compromised on 20 acres,” shrugs Andrew. “It’s great, we have landscaped around the house, we have a pool, garden and green lawn all irrigated from the dams; we have huge water tanks. Water isn’t a problem.”

Andrew has made a career from property, so he did his ‘due diligence’ before deciding which part of rural Victoria he wanted to settle his family. He said, “I like

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FEATURE PROPERTY

31 & 31A View Street, Bendigo Commanding its position within a striking period

a private outside area on this level and leads up to the

landscape in the very heart of the city is this stunning

rear garden of the home if required.

commercial property and family residence. With approval of both residential and commercial titles, this unique building was built in 1925 and was originally the offices of T&G Mutual Life Assurance, a company that was renowned for its stunning buildings. Once the tallest building in the city, the expansive roof terrace offers unparalleled 360-degree views across Bendigo.

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The property has secure access from both the storefront, and from the rear of the home. A lightfilled stairwell leads up one side of the property, with two bedrooms on the first floor (one currently serving as a home office with custom-built cabinetry, and the other with a modern ensuite) and an additional two bedrooms can be found on the second floor.

The ground floor is home to the commercial aspect of

The spacious master includes his and hers walk-

the building and a quality existing tenant has utilised

in robes and his and hers dressing rooms, and the

the sensational open plan space. A rear terrace offers

contemporary ensuite is light and bright. A third

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bathroom can be found on the first floor – ideal for guests – along with a mudroom and spacious laundry.

The first floor also features a formal dining space, and a spacious open plan kitchen, dining and living room. This fantastic area includes high-end custom cabinetry, a bar section with wine rack, drink fridge and separate sink, and commercial quality appliances.

French doors from the main living area open out to a paved terrace with distinctive views of historical CBD buildings. A sweeping stone staircase leads down to the concrete swimming pool, landscaped garden and additional terrace. Access to a private laneway and double garage provides a convenient way to come and go from the property. Stairs from the second floor take you to the sizeable roof terrace that offers panoramic views across the city and an opportunity to create the ultimate rooftop garden.

Contact Glenn Rea - 0429 027 220 to arrange an inspection.

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Coming out of a Crisis INDUSTRY AND GOVERNMENT PIVOTING TOGETHER

What a year 2020 has been. Victorians have held on

after everything had been shut down for so long, our

and battened down through two lockdowns. We in

hospitality industry with the help of local council wasted

the regions have had a somewhat easier ride than our

no time. Philip DeAraugo, Senior Strategic Planner at City

metro mates. But this year has been a test for even the

of Greater Bendigo said, “When we heard that regional

most agile of businesses constantly told they must pivot.

Particularly those in the hospitality sector. But lucky for we Bendigo locals who all love our food scene, many of our much-loved pubs, cafes and restaurants have been

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Victoria was about to move to Third Step restrictions, we worked to fast track approvals processes for temporary expanded outdoor dining areas.”

doing a great job as we see an expansion of outdoor

Mynette Richardson, Owner of Café Essence in Bull

dining options popping up in record time. All they need

Street, and the new Bluebird Patisserie in Mitchell Street,

is for us to get out there and enjoy some much needed

hopes with the improving weather more will come out

COVID safe fun!

to enjoy the new outdoor seating areas in Bull Street and

When we were told outdoor dining could be expanded

soon to be in Mitchell Street.

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Mynette’s new Bluebird Patisserie brings a little bit of French indulgence to Bendigo, the charming historical shopfront is perfect for the beautiful displays of petite cream eclairs, tarts, roulades and cakes. “Yes, when the building became available, I grabbed it,” said Mynette, it was no doubt perfect for her vision. Agreeing the decision to proceed with the opening of Bluebird Patisserie in what seemed like the dead of COVID-19 lockdown on 1 September was a brave one. “We had it in the pipeline for some time and I had been committed since last October,” she said. Fortunately, the brave decision was a good one and the Patisserie, as much a feast for the eyes as it is the palette, is proving popular.

The architecture on Bull Street is also the perfect charming backdrop to the high-teas and lunches on offer at Café Essence. “We are the only place in Bendigo to go for High Tea now,” says Mynette. Having supplied high teas at the historical Villa Fortuna, Mynette is well versed in feasting our eyes and tastebuds. “Yes, the pastries are naughty, but they are only little,” she says.

With its cobble-stone street, outdoor seating with sunumbrellas, proudly overlooked by the old Town Hall, it’s

Council and industry are thankful to Bendigo residents

exciting to see Bull Street bring a little slice of Montmartre

for the support throughout this time, especially with the

to Bendigo, and things will only improve. “As with many

changing street scapes. But it is interesting to think about

things, safety has to be our number one priority,” says

what our alternative would be if this industry didn’t survive,

Philip DeAraugo. “While it does look like a bit of overkill

and the alternative isn’t necessarily good value. A highly

to have these large concrete barriers and bollards

processed Big Mac meal is $13.90. A King Island grass-

in place, we needed to make sure we are meeting

fed beef sandwich with homemade onion jam is $18 at

all the requirements from a traffic safety perspective

Café Essence. “It’s a no-brainer! Food is medicine,” says

and ensure the safety of staff and patrons. We have

Mynette, “what you put in is what you get out. The better

had a local manufacturer make some little ramps and

the food the better you feel.”

businesses have been great in decorating the spaces

So, if all I need do is get in touch with family and friends for

and putting out their chairs, tables and umbrellas to

a long overdue Christmas catch up, sit under an umbrella

make the area look inviting. We will continue to improve

and enjoy the magic Bendigo sunshine with a drink in

these spaces with some large-scale potted plants,

hand while they bring great food – I reckon we can ‘let

decals on the barriers and decorative lighting.”

me eat cake’ for the good of the nation.

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7 Hamlet Street, Quarry Hill 5

3

2

PRICE: $1,180,000 - $1,220,000 | LAND SIZE: 1,012 m2 | AGENT: Amy Sim - 0427 703 66 | Glen Rea - 0429 027 220

This elevated stunning historic home with panoramic views over Bendigo sits on a large allotment with rear access.

With a beautiful established garden; clever flexible floor plan that provides an abundance of options when it comes to living; and positioned in the heart of tightly-held Quarry Hill, this unique property is also walking distance to the CBD and train station.

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11 Cedar Drive, Ascot 5

2

4

PRICE: $740,000 - $760,000 | LAND SIZE: 6,051 m2 | AGENT: Michael Brooks - 0418 135 444 | Jayden Donaldson - 0437 177 379

Adjacent bushland and a short stroll from the Bendigo Golf Club is this beautifully presented family home sitting on just under two acres with a stunning established garden. Offering three living areas, a flexible design, large shed and great storage, this home is the perfect family retreat.

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1200D McIvor Highway, Junortoun 4

3

2

PRICE: $1,100,000 - $1,200,000 | LAND SIZE: 12.5 acres (approx.) | AGENT: Glenn Rea - 0429 027 220 | Bec Allen - 0438 528 091

Sitting at the end of a private road, on over 12 acres, is this beautifully renovated family home offering an exceptional lifestyle opportunity. With an established native garden creating a haven for local flora and fauna, this outstanding property offers style and space.

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8 Amber Court, East Bendigo 3

2.5

2

PRICE: $510,000 - $560,000 | LAND SIZE: 251 m2 | AGENT: Bec Allen - 0438 528 091

Sitting in a quiet court with a stunning heritage native tree at your doorstep, it’s hard to believe that the CBD and Lake Weeroona is only five minutes away. Beautifully presented, this is a stylish home with a low-maintenance garden and two living areas over two floors.

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Our Team

Client feedback We wanted to pass on our heartfelt thanks to you & your team. Your professionalism, patience & understanding throughout the sale period of our property was above & beyond what we could have hoped for. We wish you & your family all the very best for the festive season. Wonderful doing business with you. The new owners are delightful.

- SHERYN & JIM

GLENN REA Principal Licensed Estate Agent

Drew sold our house so quickly! He is extremely professional and knowledgeable. He is friendly and always stayed in touch throughout each stage of the process. He knows the rural market so well and has in depth knowledge of farming. I would definitely recommend Drew to sell your property.

- LAURA & MATT DREW STRATTON Licensed Estate Agent

We were extremely pleased with Amy’s professionalism throughout all stages of selling our property. She was punctual, organised and highly motivated. Amy had our property on the market within a week and then sold within a week. Her communication is second to none and she was so easy to work with. We would highly recommend her and her team!!

- LISA & AARON AMY SIM Sales Cons ultant

Jayden recently sold my home in Strathfieldsaye. Jayden’s high level of knowledge, professionalism and passion for what he does resulted in a sales result I was very pleased with. I would have no hesitation at all in recommending Jayden to either sell or buy real estate.

- PETER

JAYDEN DONALDSON Licensed Estate Agent

Client feedback

Our Team

Michael has been an absolute dream to deal with during our campaign.

Michael’s communication was second to none and his enthusiasm was infectious, however, overall Michael is just a bloody good bloke. I would recommend Michael 100% to anyone wanting to buy or sell.

- BRYCE

MICHAEL BROOKS Sales Co nsultant

Bec made selling our home an absolute ease. The whole process was very simple with her help... and she was able to get the results we were after. Bec was very informative and kept us up-to date through regular communication & information. Nothing was a hassle. Thank you Bec for all of your hard work.

- LISA & JAMES BEC ALLEN Sales Co nsultant

We are absolutely thrilled we chose Vanessa to sell our property. Our house was in the hands of not only a professional, but a very real person who was emotionally involved in the sale of our home. Her passion and exuberance on inspection days was very evident to potential buyers and no doubt a major factor in us achieving our goal, thanks Vanessa.

- PETER VANESSA APPLEBY S ales Co nsultant

I engaged Jeremy at McKean McGregor Commercial to find a tenant for our warehouse, they not only found a tenant but the communication and speed in which it was done was great. Thanks to MM Commercial.

- GRAHAM

JEREMY BROWN Co mmercial / Ind ustrial P ro p erty

Q & A

MM Commercial A GROWING TEAM

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In December 2018 we started the commercial side of

How long has there been a Commercial/Industrial

MM, two years on and we have just welcomed Amy

department within MM? 2 years.

Kenyon to help us with our growing portfolio. It’s been

What is the most satisfying aspect of your job? Forging

an exciting two years of establishing ourselves and

new relationships with clients, from tenants, to

engaging new clients; learning a lot along the way.

landlords, vendors and purchasers.

We caught up with Jeremy and Amy to ask them

How has commercial real estate been affected during

some questions about the industry and what to expect

Covid? Both commercial and retail space has been

in the future.

severely affected, primarily because businesses

| SUMMER 2020/2021

Q & A were not able to operate. Hopefully we’ll see those

population invest in residential property, however

businesses bounce back now that the restrictions have

many investors use commercial/industrial property

lifted.

investment as a way to diversify their portfolio.

Industrial space hasn’t missed a beat, whilst it was a

Are there any areas to watch out for in Bendigo

little quiet during the lockdown, most of these types of

regarding industrial growth? The East Bendigo industrial

businesses, including tradies are as busy as ever.

precinct seems to be very popular given its proximity

Is there any particular advice you would offer someone

to the city, the airport and major roads out of the city.

looking to invest in commercial property? Do your research. Commercial & Industrial properties are quite

With industrial land quite scarce, the demand seems to outstrip supply at the moment.

different to residential property; in price, return and

What is a common misconception regarding real

how the leases work.

estate? That the price always goes up (although the

How do you think the new hotel developments will

last 20 years it seems like it isn’t a misconception).

impact local business in Bendigo? Firstly, we’re hopeful

Is advertising your commercial listing on different

that these projects will be approved by council and

platforms really that important? Yes, we think so. The

then be built. But if they do, then it can only have

old saying is ‘you can’t sell a secret’, so the more

a positive effect on local business by bringing more

people who see the listing, the more chance you have

people to Bendigo for things like work conferences

of achieving a positive result.

or tourism. Seeing that the government is spending money on capital infrastructure, which will hopefully be followed by private capital can only be seen as a great positive for the city.

Is investing in commercial property the same as investing in residential? Yes and no, but the differences can be quite stark. A greater portion of the

Do you need a particular qualification to be a commercial agent? Yes you need to have completed the REIV Agents Representative Course.

What are the challenges that arise when working within commercial real estate? Every property and transaction is different, so you can’t assume anything.

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Wilson Lane 2-3

2

1-2

PRICE: $675,000 - $1,300,000 | AGENT: Glenn Rea - 0429 027 220 | Jayden Donaldson - 0437 177 379

In the heart of the Bendigo city is a stunning development offering the rare opportunity to enjoy spectacular designer living. Offering the latest in sustainability and accessibility, these magnificent residences pay homage to the wide streets of Bendigo and the forest that surrounds it. Only 7 of 18 stunning high-end apartments remain available and construction expected to be completed prior to the end of 2021.

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LEVEL 2 2 BEDROOMS | 2 BATHROOMS APARTMENT

INTERNAL SIZE (m2)

DECK SIZE (m2)

PRICE

203

126

27

$675,000

206

120

25

$675,000

207

116

25

$675,000

LEVEL 3 3 BEDROOMS | 2 BATHROOMS APARTMENT

INTERNAL SIZE (m2)

DECK SIZE (m2)

PRICE

305

135

61

$925,000

306

166

63

$1,000,000

LEVEL 4 3 BEDROOMS | 2 BATHROOMS APARTMENT

INTERNAL SIZE (m2)

DECK SIZE (m2)

PRICE

401

178

49

$1,300,000

403

172

58

$1,225,000

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UNDER OFFER

138 Osborne Street, Spring Gully 4

2.5

2

PRICE: $595,000 - $615,000 | LAND SIZE: 806 m2 | AGENT: Amy Sim - 0427 703 661

This refurbished, light-filled two-storey is the ideal family home. Immaculately presented inside and out with four bedrooms, three living areas, an inground swimming pool, half court, fantastic alfresco space, easy-care garden, and close to schools, university and bus stops, this lovely property ticks all the boxes.

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COMING IN 2021 96 Moore Street, Bendigo 5

3

2

LAND SIZE: 1,653 m2 (over 2 lots: 1 x 1,212 m2, 1 x 441 m2)

ELEGANCE AND HISTORY ON A GRAND SCALE This luxury Edwardian mansion, walking distance to the centre of the city, provides space, history, stunning heritage detail and a multitude of possibilities. Sitting on a corner allotment covering two separate titles, this outstanding property offers a unique opportunity for a buyer seeking a very special piece of Bendigo’s history.

69 Osborne Lane, Strathfieldsaye 5

2

5

LAND SIZE: 9,664 m2

STUNNING BUSHLAND HIDEAWAY Hidden away, and offering dual entry to the property from both front and rear, is this immaculately presented and incredibly spacious home. Sitting amongst native bushland, yet only 10 minutes to Bendigo, the home offers multiple living areas, fantastic alfresco space and ample shedding.

Call Jayden Donaldson 0437 177 379 or Michael Brooks 0418 135 444 for more information 32

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SOLD OFF MARKET

13 Shepherds Glen, Strathfieldsaye 4

2

2

35 Michael Street, East Bendigo 2

1

2

SOLD PRICE: $705,000

SOLD PRICE: $430,500

AGENT: Jayden Donaldson - 0437 177 379

AGENT: Bec Allen - 0438 528 091

26 Lukin Crescent, Kangaroo Flat

16 McConnell Drive, Junortoun

3

2

4

4

2

2

SOLD PRICE: $425,000

SOLD PRICE: $607,500

AGENT: Michael Brooks - 0418 135 444

AGENT: Jayden Donaldson - 0437 177 379

With current conditions being strong, we have sold a number of properties off market. We still have clients ready to buy. Contact us if you would like a free market appraisal.

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@MCKEANMCGREGOR 34

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UNDER OFFER

1/15 Alkoomi Court, Ascot 3

2

2

124 Williamson Street, Bendigo 3

2

2

PRICE: $395,000 - $425,000

PRICE: $796,000

AGENT: Jayden Donaldson - 0437 177 379 Michael Brooks - 0418 135 444

AGENT: Jayden Donaldson - 0437 177 379 Michael Brooks - 0418 135 444

UNDER OFFER

79 Honeysuckle Street, Bendigo 4

3

2

16 Bancroft Street, Bendigo 4

2

3

PRICE: $1,100,000 - $1,150,000

PRICE: $1,350,000 -$1,400,000

LAND SIZE: 889 m2

LAND SIZE: 1,012 m2

AGENT: Bec Allen - 0438 528 091

AGENT: Bec Allen - 0438 528 091

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10 Lester Street, Eaglehawk 2

1

4

61 Ellis Street, Flora Hill 5

2

6

PRICE:$395,000 - $420,000

PRICE: $585,000

LAND SIZE: 1,626 m2

LAND SIZE: 1,641 m2

AGENT: Michael Brooks - 0418 135 444 Jayden Donaldson - 0437 177 379

AGENT: Bec Allen - 0438 528 091

UNDER OFFER

16 Sharon Street, Flora Hill 4

36

4

1

11 Bissell Drive, Golden Square 4

2

3

PRICE: $560,000 - $580,000

PRICE: $460,000 - $480,000

LAND SIZE: 1,212 m2

LAND SIZE: 751 m2

AGENT: Bec Allen - 0438 528 091

AGENT: Michael Brooks - 0418 135 444 Jayden Donaldson - 0437 177 379

| SUMMER 2020/2021

UNDER OFFER

1/2 Heyington Place, Kennington 3

2

2

15 Marshall Crescent, Kennington 4

2

4

PRICE: $400,000 - $425,000

PRICE: $925,000 - $975,000

LAND SIZE: 355 m2

LAND SIZE: 1,032 m2

AGENT: Bec Allen - 0438 528 091

AGENT: Michael Brooks - 0418 135 44 Glenn Rea - 0429 027 220

UNDER OFFER

24 Main Road, Laanecoorie 3

1

3

1A Braedene Drive, Maiden Gully 4

2

6

PRICE: $330,000 - $350,000

PRICE: $650,000 - $680,000

AGENT: Bec Allen - 0438 528 091

LAND SIZE: 1,815 m2 AGENT: Michael Brooks - 0418 135 444 Jayden Donaldson - 0437 177 379

SUMMER 2020/2021 |

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3 Drovers Close, Maiden Gully 4

2

6

1 Stewart Street, North Bendigo 4

2

6

PRICE: $650,000 - $680,000

PRICE: $625,000

LAND SIZE: 4,287 m2

LAND SIZE: 560 m2

AGENT: Michael Brooks - 0418 135 444 Jayden Donaldson - 0437 177 379

AGENT: Bec Allen - 0438 528 091

2/67 Carpenter Street, Quarry Hill

18 Pendlebury Court, Spring Gully

2

1

1

3

2

2

PRICE: $299,000 - - $320,000

PRICE: $670,000 - $690,000

AGENT: Bec Allen - 0438 528 091

LAND SIZE: 586 m2 AGENT: Amy Sim

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| SUMMER 2020/2021

6 Devon Close, Strathdale 4

2

6

11 Regent Street, Strathfieldsaye 4

2

2

PRICE: $690,000 - $720,000

PRICE: $720,000 - $750,000

LAND SIZE: 806 m2

LAND SIZE: 908 m2

AGENT: Michael Brooks - 0418 135 444 Jayden Donaldson - 0437 177 379

AGENT: Jayden Donaldson - 0437 177 379 Michael Brooks - 0418 135 444

45 Beischer Street, East Bendigo

28 High Street, Wedderburn

4

2

4

4

1

3

PRICE: $450,000

PRICE: $495,000

AGENT: Bec Allen - 0438 528 091

LAND SIZE: 1,324 m2 AGENT: Drew Stratton - 0414 576 371

SUMMER 2020/2021 |

39

UNDER OFFER CA22C Boort-Wycheproof Road, Boort

Lot 2 Barnadown-Knowsley Road, Muskerry

PRICE: $175,000

LAND SIZE: 100 acres

LAND SIZE: 116 acres

AGENT: Drew Stratton - 0414 576 371

AGENT: Drew Stratton - 0414 576 371

UNDER OFFER

Lazenby Farms

1/104 Joyces Bridge Road, Muskerry

Farm 1 - 470-472 Calder Alternate Hwy, Lockwood South Farm 2 - 60 Stewarts Lane, Lockwood For Sale by Expression of Interest closing Thursday 3rd December at 2pm LAND SIZE: 109 acres AGENT: Drew Stratton - 0414 576 371

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| SUMMER 2020/2021

LAND SIZE: 79 acres AGENT: Drew Stratton - 0414 576 371

L AND LI STI NGS

CLICK H E R E TO S EE OU R F U L L L I ST OF L A N D F OR SA L E

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| SUMMER 2020/2021

SOLD & LEASED

19 The Heath, Eaglehawk CAS E S TU DY

Rental

Sale

RENT: $320.00 per week | DAYS ON MARKET: 6

SOLD PRICE: $320,000 | DAYS ON MARKET: 19

INSPECTIONS: 1 | APPLICATIONS RECEIVED: 43

AGENT: Bec Allen - 0438 528 091

PROPERTY MANAGER: Tabitha Morgan - 0439 111 917

My experience with the team from McKean McGregor was exceptional across a number of properties I inspected.

Their knowledge on market growth and performing areas was excellent. They answered all my questions and gave quality information for investment properties. The purchasing process of The Heath was outstanding, both the sales and property management consultants were excellent with their professional conduct and business acumen.

The management of tenanting the property was again the best I have experienced. They achieved better than expected and within 48 hours of listing and followed up with all the appropriate documents and reference required. I couldn’t recommend a more professional and helpful company.

Thank you McKean McGregor.

TONY - PURCHASER

SUMMER 2020/2021 |

43

LEASED 4/3 Shamrock Street, Golden Square 3

2

2

12 Delbridge Street, Golden Square 3

2

2

FOR LEASE: $430 per week

FOR LEASE: $370 per week

PROPERTY MANAGER: Tabitha Morgan - 0439 111 917

PROPERTY MANAGER: Tabitha Morgan - 0439 111 917

LEASED 19 The Heath, Eaglehawk 2

44

LEASED

1

2

LEASED 19 Station Street, Kangaroo Flat 3

1

1

FOR LEASE: $320 per week

FOR LEASE: $340 per week

PROPERTY MANAGER: Tabitha Morgan - 0439 111 917

PROPERTY MANAGER: Tabitha Morgan - 0439 111 917

| SUMMER 2020/2021

LEASED

LEASED

386 Howard Street, Eaglehawk

56 Breen Street, Quarry Hill

3

2

2

3

1

3

FOR LEASE: $380 per week

FOR LEASE: $380 per week

PROPERTY MANAGER: Tabitha Morgan - 0439 111 917

PROPERTY MANAGER: Tabitha Morgan - 0439 111 917

LEASED

LEASED

229 Wattle Street, Bendigo

60 Marnie Road, Kennington

3

2

0

4

2

2

FOR LEASE: $400 per week

FOR LEASE: $470 per week

PROPERTY MANAGER: Tabitha Morgan - 0439 111 917

PROPERTY MANAGER: Tabitha Morgan - 0439 111 917

SUMMER 2020/2021 |

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46

| SUMMER 2020/2021

Lot 92 Lignum Road, Moama

53 Bull Street, Bendigo

FOR SALE BY EXPRESSION OF INTEREST LAND AREA: 25.75 acres

FOR SALE BY EXPRESSION OF INTEREST Closing Friday 4th December 2020 at 2PM

AGENT: Jeremy Brown - 0417 590 171

LAND AREA: 250 m2 AGENT: Jeremy Brown - 0417 590 171

133 Strickland Road, East Bendigo

173 High Street, Bendigo

Vacant Possession

PRICE $625,000 to $675,000 + GST

BUILDING AREA: 341 m2

LAND AREA: 925 m2 of Commercial 1 zoned land

LAND AREA: 908 m2

AGENT: Jeremy Brown - 0417 590 171

ZONED: Commercial 1 AGENT: Jeremy Brown - 0417 590 171

SUMMER 2020/2021 |

47

FOR LEASE

FOR LEASE

290-294 High Street, Golden Square

6/10 Matchett Drive, East Bendigo

RENT: $52,000 per annum + GST + Outgoings

RENT: $18,000 per annum + GST + Outgoings

LAND AREA: 1,460 m2

LAND AREA: 450 m2

AGENT: Jeremy Brown - 0417 590 171

AGENT: Jeremy Brown - 0417 590 171

FOR LEASE

FOR LEASE

1/10 Matchett Drive, East Bendigo

28 Bridge Street, Bendigo

RENT: $29,500 per annum + GST + Outgoings

RENT: $40,000 p.a. + GST + Outgoings

LAND AREA: 750 m2

LAND AREA: 335 m2

AGENT: Jeremy Brown - 0417 590 171

BUILDING AREA: 175 m2 AGENT: Jeremy Brown - 0417 590 171

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| SUMMER 2020/2021

783 - 797 & 801 Strathfieldsaye Road

STRATHFIELDSAYE

S OL D

McKean McGregor are delighted to bring 783 - 797 &

Located approximately 1km north-west of

Strathfieldsaye and approximately 7.7km south-east ERCIAL M M CO | M M of the Bendigo CBD this significant parcel of englobo much work behind the scenes, ‘Forest Ridge’ is set to 801 Strathfieldsaye Road, Strathfieldsaye to market. After

be one of the most highly sought after development opportunities in the region for some time. The 20.73 acre in-fill site provides the best of both worlds, being on the

land is available for sale by Expression of Interest.

The 8.41 hectare site is zoned for Residential 1 use and has significant appeal for a landmark residential development (subject to council approval). The site

doorstep to Bendigo and all it has to offer, whilst enjoying

is found within an established residential area which

the Strathfieldsaye address which is synonymous with

contains a mix of large and suburban style residential

many young families and retirees alike.

lots, ranging in size from 650m2 to 4,000m2 SUMMER 2020/2021 |

49

53 Pratts Park Road

STRATHDALE

S OL D

• Large industrial complex on single title

mezzanine

• Shed 2 has large ALoffice amenities on the first floor of ERCI | COMM M M 240m2, total shed area of 1,650m2 • Lienert Australia Pty Ltd - existing 5 year lease • Leased to a multinational company

commenced on 3 Jan 2017 at $160,000 + GST with 2 Further 3 year options • Approx. 7% Yield - Shed 1 has reception, boardroom, office area and staff amenities as well as significant warehouse room with mezzanine - total 1,000m2 +

50

| SUMMER 2020/2021

• Roller door access and 3 phase power (or higher) to both shed 1 & 2 • Surplus land of approx 1,600m2 at the rear provides for ample turning • Land is ripe for future development (STCA)

The year that was To say it’s been unique and a really challenging year is

major change we initiated was to re-write our internal

an understatement, but the resilience and care for each

systems and processes with one focus and one focus only;

other shown throughout our community reminds us all why

how do we further heighten our client experience.

Bendigo is such a great place to call home.

As the digital age keeps growing, we as a service industry

As a regional city, Bendigo property has also been a

have something that technology will never have, great

major benefactor from the global pandemic. Property

people to support and help our clients. The human factor

prices have again seen a steady appreciation with out

is always going to be a key element for our business. The

of area buyers very active. Buyers are appreciating what

other thing we learnt through this time is how much our

great value our city is and what a wonderful place it is to

staff love where they work and in this trying time, we all

raise a family.

came together and thought about the things we could

We were certainly not alone as a business with the many

do as a team to get through this.

challenges we faced at the start of the pandemic.

McKean McGregor is forever grateful for our colleagues,

Fortunately, we pivoted quickly and changed the way

friends, family and of course our loyal clients. We haven’t

our day to day looks, already having structures in place

slowed down and we are excited that our MM family

so that we could move our offices to home. We had time

continues to grow. We thank you for your support and we

to stop and think about the way we did everything. One

look forward to helping you in 2021.

SUMMER 2020/2021 |

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