MM | Property Insights | Spring 2020

MM | P R OP ER TY I NSI GHTS | SPRI NG 2 0 2 0

G REAT OU TCOMES ARE OUR PASSION

SOLD FOR

SOLD FOR

SOLD FOR

$1.1 M

$770 K

$740 K

SOLD FOR

SOLD FOR

SOLD FOR

$875 K

$595 K

$5 26 K

SOLD FOR

SOLD FOR

SOLD FOR

$600 K

$550 K

$645 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 GLENN REA

PRINCIPAL

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

12

22

14

Contents 4

| SPRING

2020

21

34 5 10

F E AT URE PRO PE R T Y 73 Forest Street, Bendigo

S UB URB S POT L IG HT Bendigo

12

LI V I N G T H E D R EA M

34

Q & A

In one of our nation’s most liveable cities

Glenn Rea - Principal

SPRING

2020 |

5

FEATURE PROPERTY

73 Forest Street, Bendigo

Ideally positioned in a highly-sought after city central street is this absolutely stunning property. Recently renovated, the home features beautifully retained original detail combined with a luxurious and modern extension. Less than five minutes’ walk to Alexandrea Fountain, this quality residence enjoys schools, shops, cafes and Rosalind Park all on its doorstep.

The beautiful Victorian façade is set off by stone steps and iron fretwork on the bullnose verandah and, with a neat front lawn, rose bushes and a white picket fence, the curb appeal is picture perfect. Indoors, a wide central hallway with decorative cornice and pressed metal ceilings are some of the many original details that have been retained.

Off the main entry hall are three generously-proportioned bedrooms, two with an open fireplace and the third with built-in robes. Also off the entry hall is a formal lounge with dual aspect windows and an open fireplace with timber mantle.

6

| SPRING

2020

SPRING

2020 |

7

FEATURE PROPERTY CONTINUED

Past this original section of the home is a fantastic newly renovated extension offering a light, bright and modern living space. A dining room leads off the formal lounge and into a large kitchen and a family room. This section of the home also features a spacious laundry with excellent storage; a full powder room; a stunning family bathroom with walk-in shower and freestanding bathtub; and access to the underground, original cellar. The exceptional high-end kitchen features stone benchtops, soft close cabinetry and fully integrated appliances.

Beyond the central living space is the master suite with built-in robes, ceiling fan and ensuite.

8

| SPRING

2020

French doors open from the living room to the back garden. A neat paved courtyard with a pergola laced with ornamental grapevines provides the perfect space for outdoor dining. A neat established, fully landscaped garden includes steps from the courtyard up to lawn areas with a cubby house, double carport, storage shed and large lemon tree.

Absolutely ideal for a family or professional seeking a slice of heritage style in the heart of the city, this immaculate residence benefits from quality contemporary finishes. This luxurious property offers the perfect opportunity to secure both a piece of Bendigo’s history and a quality family home that is walking distance to it all.

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

SPRING

2020 |

9

Bendigo SU BU RB S POTL I G H T

The heart of the City of Greater Bendigo, the centre of

alluvial gold was discovered in the Bendigo Creek by Mrs

Victoria. This historic gold rush town is full of history, charm

Margaret Kennedy. At the time, Christmas of that year,

and an ever-growing number of happy, urban inner-city

there were around 800 people seeking gold in the area

dwellers. With stunning heritage architecture, a fantastic

and by the following June – just six months on – 20,000

café culture and beautiful green spaces, city living has

people had arrived to seek their fortune.

never looked so good.

10

A survey was undertaken in November of 1852

The first inhabitants of the Bendigo region are the Dja

recommending sites for national schools, churches,

Dja Wurrung (Jarra) people, and it wasn’t until the late

markets and other public purposes, and the community

1830s that white settlers came to the area, establishing

grew rapidly – from a tent city to a major urban centre

the first of many sheep runs. The creek that bordered the

with many grand buildings. In 1863 the municipality

Mount Alexander sheep run at this time was named after

became a borough, officially known as Sandhurst

a local shepherd known as ‘Bendigo’, a nickname he’d

(although it was always unofficially known as Bendigo

acquired in relation to the English bare-knuckle prize

and finally named as such in 1891). The railway reached

fighter, William Abednego ‘Bendigo’ Thompson. In 1851

the city in 1862 and when alluvial gold ran out, extraction

| SPRING 2020

of quartz-based gold was well underway, establishing the city as the richest in the country. Rapid population

Bendigo at a glance

growth from the 1870s meant a building boom and one

• Population 5,512

of the city’s most prolific architects was William Charles

• Male 49.4%

Vahland, who left a major mark with his many buildings and

• Female 50.6%

landmarks, including the Alexandra Fountain.

• Median age 41

As the mines began to close in the 1930s there was a temporary drop in population however a shift towards manufacturing and service saw growth. Over the last two decades however, it’s been tourism that’s really seen the city thrive. International standard exhibits at the Bendigo Art Gallery, national and international sporting events, festivals and the many historic landmarks available to visit, have all assisted in ensuring Bendigo’s economy continues to grow. Bendigo Bank, with its head office in the centre of the city, is a major employer, along with Bendigo Health and the fantastic new public hospital.

• Families 1,303 • Private dwellings 3,007 • Average people per household 2.1 • Median monthly mortgage repayments $1,408 • Median weekly rent $250 EDUCATION IN BENDIGO: Zoned Government Schools • Camp Hill Primary School • Bendigo South East Secondary College (Years 7-10) • Bendigo Senior Secondary College (Year 11 & 12) Bordering Government Schools

A number of older buildings in the city have found a new lease of life with conversions to apartment living. With cafes and restaurants on the doorstep, and the stunning Rosalind Park as your backyard, it’s easy to see why people are enjoying all the benefits of city living in a community that still very much continues feel like a large country town.

• Bendigo Primary School • Specimen Hill Primary School • Bendigo Primary School • Quarry Hill Primary School • Axedale Primary School • Eaglehawk Secondary College (Years 7-10) • Weeroona Secondary College (Years 7-10) • Crusoe Secondary College (Years 7-10) Catholic Schools • St Therese’s Primary School • St Kilian’s Primary School • St Joseph’s Primary School • St Peter’s Primary School • Catherine McAuley College Independent Schools • Creek Street Christian College • Victory Christian College • Girton Grammar (information based on 2016 Census Results)

SPRING 2020 |

11

Photos sourced from Bendigo.Photos

Living the dream I N O N E O F O U R NATI O N’S MO S T L I VEAB L E CI TI ES

Liveability. It’s a phrase we often hear and read about

RMIT University’s Australian Urban Observatory recently

in the media now days. The seemingly apocalyptic year

confirmed what locals already knew, that Bendigo is one

that has been 2020 has many of us thinking about how

of Australia’s most liveable cities. So, what is liveability

we live and how we work. It has given many of us a moment’s pause, provided the space many needed to think about what’s important. To reflect on ways to create a better balance between work, recreation and family time. The recent interest in the Bendigo property market

12

and how is it measured? The Observatory combines nine indicators of liveability found to be associated with health and wellbeing outcomes, such as: social infrastructure, transport, public open space, employment

from Melbourne buyers this year has reinforced what was

and housing. Other definitions add indicators that

already an emerging trend. City people are considering a

healthy neighbourhoods be safe, attractive, socially

better quality of life and relocating to rural centres.

cohesive and inclusive and environmentally sustainable.

| SPRING 2020

It is not surprising that Bendigo ticks these boxes. With housing that is still affordable compared to Melbourne and other regional centres, a range of great schools, a glittering and thriving Arts precinct, a celebration of historic buildings and culture, sporting facilities, major events and a diverse and well supported business community rich with innovation - Bendigo has it all going on.

Families are attracted by a great quality of life, with parks, bike paths, safe neighbourhoods, a range of public and private schools, and TAFE and LaTrobe University offering tertiary pathways. Bendigo looks great with its grand old gold rush buildings, there is plenty to do with museums, galleries and theatres. Bendigo has been recognised

by UNESCO as a creative city of gastronomy – an accreditation recognising all the exciting things happening across the city and region in food and beverages, culture and sustainability.

The City of Greater Bendigo certainly prioritises enhancing liveability when prioritising projects for government and private sector investment. Transport networks are being improved, business and residential infrastructure expansion is being supported. Council predicts Bendigo’s population will almost double by 2050 and continue to support liveability in community and economic planning for the future. Be.Bendigo CEO, Dennis Bice says, ‘the statistics tell us already 2000 more people come into Bendigo each day than leave, and this number will only become greater.’

Be.Bendigo are here to support local business by providing connections, developing leadership and business capacity. Dennis Bice is incredibly optimistic about predicted population growth in Bendigo and what this will mean for local business and the whole community, particularly in providing an exciting vibrant city centre

and more work opportunities for the young. ‘We need more population,’ Dennis says, more growth means more opportunities and a stronger local economy.

Bendigo’s business community has certainly shown itself to be supportive, resilient and innovative throughout the current COVID-19 crisis. Restaurants keep afloat and connected to their loyal customers by adapting to offering takeaway or delivered gourmet meals. A local gym continues to provide employment for young staff by offering equipment hire and group exercise via Zoom, taking care of both fitness and mental health of their members by creating an online community. The local community has rallied too, some buying vouchers from favourite local restaurants and shops to support business survival for all to enjoy in better times.

It just goes to show, that in times of uncertainty and financial pressure, with the support of a healthy and well engaged community, optimistic innovation emerges, and businesses evolve and survive. As Winston Churchill said, ‘Never let a good crisis go to waste’. It’s testament to good country resilience, it is perhaps even due to our city’s enhanced liveability.

SPRING 2020 |

13

783 - 797 & 801 Strathfieldsaye Road

STRATHFIELDSAYE For Sale by Expression of Interest closing 5th of November

McKean McGregor are delighted to bring 783 - 797 &

Located approximately 1km north-west of

801 Strathfieldsaye Road, Strathfieldsaye to market. After

Strathfieldsaye and approximately 7.7km south-east

much work behind the scenes, ‘Forest Ridge’ is set to

of the Bendigo CBD this significant parcel of englobo

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

14

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

| SPRING 2020

Opportunities to purchase properties like ‘Forest Ridge’ do not present themselves often, coupled with the expected population increases of our region in the next 15 years and the popularity of Strathfieldsaye, it is not to be missed.

Key Features: • Approximately 8.41 hectares (20.73 acres) of General Residential Zoned Land • 2 of titles with 169.7m frontage to Strathfieldsaye Road • Full feasibility study prepared based on 71 residential lots (subject to council approval) • Surrounded by residential development in an identified population growth precinct • The property also contains an impressive existing home

For further information call Jeremy Brown 0417 590 171 Glenn Rea 0429 027 220 Drew Stratton 0414 576 371.

Site plan: Proposed plan of subdivision

4

GV

0

.1

7

3

.8

5

8

9

.6

8

.4

11 3

58

5755m² 7 .6 61

.5

C A 18.2 2 0 .6 0 6

12

R SU PPLY

.2 16

4

5

R

9

3 2 1.

WATE

17.55

4

40

40

40

40

40

40

34.99

25.70

31.45

36.56

30.73

4

.9

.2

0

41

2

.6

5

3 6

6

0

.1 4

22.6

5

3 2

3

3.74

.9

19

.1

0

2

20.7

7

0

6.38

2

2

0

3 )

0

R3

80 4. 5 C1 .9 A14

(3

2

64 C9. .84 A9

4

3.81

3.71

18 .0 3

24

18 .0

4

2.83

5

.2

.4

9

8

.4

N

9

7

2

2

595m²

8

9 .9

3

3

2

.8 19

6 .6

3 2

8

651m² .2

5

9

.5 0

6

2

.3

10

27

18

.0

0

18

.0

1

74

6

4

.0

9

.3

7

2

18

21

5.

842m² 5

8

.8

7

2

R14

1

4

22

607m² 8

670m²

14

841m²

.2

9

4

.6

0

3

.0

5

.3

3

7

19

15

8

2

2

17

9

.6

0

3

4

8

3

0

.1

.5

.0

.7

8

2

18

3

8

.7

10

23

726m² C1 1.8 A1 1 2.

19

2

17

14 8

2.83

1

.6

2

4

.1

2

3

4

3

0

)

596m²

7

.1

2

4

C1 1.4 A1 7 1.8 2

1 .0 0

4

8

661m²

8

2

.5

16

.2 2

18

0

.7

2

764m²

0

4

1.

2 0

2 .0 5

3

.4

0

4.31

7

.6

4

0

3

4

(2 4.31

0

1 .6 1 15 .8 A 14 C

4 .8

26

4.24

.7 9 1.8 C1 2.28 A1

2 .3 A241.37 C2

6

.6

19

4

3

16

2

0

1.

.2

3

2

1.

3

4

1.

3

0

2

0

.0

.8

7

7

6

4

8

1.

2

4

2

0

1.

8

DRAINAGE

25

681m²

628m²

1

2

62

(29)

26

801m²

8

)

4 .9

14

1

.4

9

2

27.65

774m²

628m²

575m² 2

18

2

8

(1

1 .0 19

14

13

12

11

22

1

15

5 0

555m²

7

.3

9

3

1

.1

18

18

4.24 .8

18

12

16

3

.0

18

23.36

41

.5

6

2

8

.0

16

16

2

49

1168m²

R30

1

.0 2

0 2

16

16

0

C13.

47 A13.59

5

9

2

2

18

2 4.18

R30

.8

2

1

7

.5

8

34

0

.0

5

3668m²

2

9

.9

7

5

.0

3

8

567m²

A8.57

3

C9.

50 A9.54

.4

LY

9

1

4

1065m²

ReseHLe 2 .4

3

.4

1.

19

34

27

2

6

17.2

9

51 3

4

872m²

14

8 .0

PP

16

SU

5

3

20.4

4

1.

9

6

4.18

560m²

7

0 2

1

.0

ER

8

5

3

.2

C8.54

DRAINAGE

618m² 7

4

5

3

4

.3

.0

7

2

.8

8

2

42

721m²

537m²

540m²

04

R1

8.04

52

0

33

659m²

560m²

2

.0

.8

37

7

28

554m²

)

1

8

0 2

WAT

7

5

3

.3

519m²

6

(1

560m²

7

3

41

506m²

.09 C18 1 8.1 A1

95 8.

7 C1 .9 18 A

.3

9

4

.0 0

18

16

d

6

5

0

2

3

.5

6

630m² 3

2

2

2

16

29

507m²

.9

.1

9

.1

2

39

2

32

474m²

4

773m²

2

9

.5

2

4

5

646m² 2

2

5

1

705m²

560m² 3

.5

4

738m²

(16)

56

20.31

6

0

6

1.

9 2

16

4

5

3

3

38

692m²

8

55

4497m²

4

26.1

18.05 18.05

4

31

9

17

3

16

16

a Ro ye sa eld

560m²

18.50

12.33

1

.4

3

5

3

20

20

18

2

4.

8.

31.8

16

9 .6 17

2

16

57

726m²

25.57

0

27.4

9

.1

17 4.24

43

590m²

3

R14

0

2

.8

2 23.0

1

44

591m²

8

(16)

16 14

575m²

560m²

hfi

t ra

St

5

3

4

45

586m²

0

.8

37

18

4.69

725m²

46

.9

16

534m² .9

18

4

7

36

3

7

2

8

14.09

4

544m²

.6

18

27.7

514m² 18

3

796m²

47

6

16

C

6

6

2

7

11.0

6

16

1

.0

2

795m²

.3

.3

35

529m²

1.

.6

.0

4

.1

6

2

23.0

2

37

20

8

.2

4

18

602m²

28.7

1

4

1.

2

0

7 3

1

4

71

9 .6 17

4

3

15

.5

0

.8

4

0

) 6

14

19 4

11.93

.4

3

8 .9 0 12 .5 13 A

27

1

.3

C12 .98 A1 3.5 0

16

17.65

48

0

.7

17

6

857m²

7

0

3

(1

8

.7

15

0

2

20

17

.8

1257m² 24.59

20

7

53

1665m²

59

831m²

20

5.5

54

12.98

6

800m²

18

746m²

0

61

800m²

20

0

4

Res 1

62

800m²

20

680m²

4

4

63

800m²

18

0

4

1.

2

69

12

720m²

4

2

2

64

800m²

720m²

4

67

68

5

.7

1124m²

4

66

20

3

.1

65

18

18

20

5

6

20 20

17

Existing Residence

4

20

59.03

28.09

9

.0

16

N

2

3

RD

Printed: 2020-08-10 13:48:17

6 5 4 3 2 1 0 Ver

Designed Checked A. Mertens P. Bowe July 2020 July 2020 Approved Original Issue Draft Revision Description

29/07/2020 Date

Notes/Legend

Terraco P/L ABN 12 681 695 776

Civil Engineers Project Managers Development Consultants

9 Jewell Court East Bendigo, Vic 3550 Ph: 03 5442 5799 Fax: 03 5441 5506 E: in#o terraco.com.au Web: www.terraco.com.au

Scale

1:1500 0

10

Cit0 of reater Bendigo - Strathfieldsa0e

20

Judi Valentini 783-797 Strathfieldsaye Road Proposed Subdivision

All lengths are in metres and all levels are to Australian Height Datum (Original Sheet Size is A3)

Dra/ing file:

20054 Proposed Subdivision with flowpath v2.dwg

LTO Ref:

Council Ref:

Water Auth. Ref:

----

----

----

Our Ref:

20054

Version

0

Sheet

1 of 1

SPRING 2020 |

15

Shaun Langdon CALLING BENDIGO HOME

Having spent 25 years living abroad working in hotels,

posting. They told us the key is to make sure you have a

Shaun Langdon and his family have lived a life many

home base.’ So, 10 years ago Shaun and Trilby bought

of us dream of – exotic destinations, travel, adventure,

a house in Bendigo, furnished it, stayed there on visits

room service. But now the Langdon family call Bendigo

and the kids came to know it as their forever home.

home. We caught up with Shaun to find out what it is

Bendigo’s vibrant short-term rental market helped make

about Bendigo that has made this intrepid family stick.

this possible. ‘Sometimes it may have been rented for a

Shaun and his wife Trilby have lived in Dubai, Bangalore, Delhi, Borneo, Kuala Lumpur, New Zealand and

16

year, to doctors or the like. But it gave us a stable base,’ Shaun said.

Thailand. ‘We moved 16 times in 19 years,’ he says.

So, why Bendigo? Trilby’s family has been in Bendigo for

‘But we always remembered a conversation we had

around 30 years and Shaun grew up in Myrtleford, so

with a lovely old couple we met on our first overseas

they both wanted country values for their family. ‘We

| SPRING 2020

always said we would move home for the eldest to start year 7, and the criteria was it had to be somewhere the kids could walk to school and play football. Lifestyle is everything. The most important thing in our life at this stage is to bring up happy, healthy kids,’ says Shaun.

Bendigo lifestyle has provided this for the Langdon family, the kids are happily settled and walking to a school that boasts some of the best results in regional Victoria, are playing footy, and Dad is President of the South Bendigo Junior Football Club where he coaches his daughter’s team. ‘Footy is a big thing in country life,’ says Shaun. ‘It’s a great way to not only connect with the community but it enables me to have a positive influence over the lives of kids who are at such an impressionable age. You can really make an impact. It’s a lot of work but it is also very rewarding.’

Shaun continues community engagement in his capacity as CEO of Strategem, a Bendigo mainstay that has been providing financial services to the region for almost 90 years. Strategem has supported the community a lot over those years. As an experienced manager and business coach, Shaun is well-placed as lead facilitator of the Business Builders Group. A training, educating and networking group for local businesspeople where members are selected to ensure diversity. ‘We have a range of small to medium sized businesses and age groups represented. We want to achieve a group with diverse experiences, common values and a willingness to learn, grow and share. It’s an open forum,’ says Shaun.

Shaun agrees a great thing about life in Bendigo is everything is accessible, but Melbourne still isn’t far away. The time gained in being 5-10 minutes from everything you need on a daily basis makes a huge difference to parenting professionals like Shaun. ‘Oh, I can’t imagine how I would do the human taxi thing in Melbourne!’ he grimaces. ‘Working at Strategem I can get in early and leave early enough to get to footy training, which is only 5 minutes away. It’s the difference between being involved in my kids’ sport or not. A work/ life balance is so important. So is the local food and wine,’ he says with a twinkle, ‘food and wine was a big part of our lives having lived away.’ Well, luckily the region can take care of that too.

SPRING 2020 |

17

FEATURE PROPERTY

8 Gordon Street, Spring Gully Sitting on a large, wide allotment, just down the road

spacious and light-filled lounge and dining room.

from bushland tracks and trails, yet only five minutes’

Beautiful detail, such as high ceilings, floor-to-ceiling

drive to the centre of the city, is this immaculately

windows overlooking native trees and an original

presented retro gem. Close to schools, cafes, sporting

copper freestanding solid fuel heater help create

reserves and La Trobe University, the home features

a wonderful space. Off this living area is a spacious

mid-century modern proportions and original details

master with two walls of built-in robes, a ceiling fan

throughout, ensuring this move-in ready home is one of a kind.

18

and refurbished ensuite. Another room off the living area would create a fantastic study, home library

Set back from the road on a quiet street, the paved

or nursery. From the dining area is a door through to

driveway provides ample off-street parking in addition

a light-filled kitchen. This space offers good storage,

to a double carport. A stone-paved footpath leads

including a utility room with laundry, and a door to the

to the front door, and a formal entry opens into a

side yard.

| SPRING 2020

The remaining side of the house is the ‘children’s wing’, featuring a second living space, just as spacious and light-filled as the first. Two further bedrooms, both extremely generous in size, each provide a ceiling fan and built-in robe. The original family bathroom is in pristine condition and this area of the house also offers a separate toilet and additional storage.

The side yard is accessible via both the kitchen and the kid’s lounge. This area features a fully-fenced inground swimming pool, lawn and a paved courtyard with BBQ area. The wide verandah wraps around the house from the side, all the way across the rear, providing year-round alfresco living. Glass sliding doors from the formal lounge lead out on the verandah and the elevated position offers views across the yard and to the trees beyond. The lower level of the garden features built-in garden beds with established natives, a fire pit and a vegetable garden.

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

SPRING 2020 |

19

FEATURE PROPERTY

79 Honeysuckle Street, Bendigo ‘Leichhardt’ is a classic Victorian home with a very

a bedroom that could serve as a wonderful guest suite,

modern twist. Located just minutes from the centre of

with its own private lounge, open fireplace, built-in robe,

the city, the property is close to all amenities yet sits in a

modern ensuite and a view out to a pretty courtyard. A

quiet heritage streetscape. With bus stops and hospital

third bedroom is positioned further down the hall, along

just down the road, the home is ideally situated and offers

with a spacious contemporary bathroom that offers an

classic grandeur with the addition of a brand-new, Russell

elegant finish in keeping with the original home.

Parsons-built extension.

20

A spacious lounge at the front of the house offers a wine

With a picket fence and neat cottage garden offering

cellar, open fireplace with stunning tile detail, and built-in

a lovely, traditional aspect. The front door sits under a

storage. This room features dual access to the central

wraparound verandah with timber fretwork and opens

hallway, French doors out to the verandah and also

into a large and light central hallway. To one side is the first

leads, via a hallway, to the contemporary extension.

of four bedrooms, this one with incredible timber paneling

The stunning new area of the property enjoys a high-

and great built-in storage. Further down the hallway is

end, open plan kitchen and dining space with quality

| SPRING 2020

fixtures and fittings, including stone benchtops, soft-close cabinetry and butler’s pantry. Cathedral ceilings and windows flood the space with natural light and glass sliding doors open out to the front deck. This new area of the property also includes a spacious laundry, neatly tucked away off the living space; a huge walk-in linen closet; and a master suite with walk-through his’n’hers robe, and ensuite with walk-in shower and stone benchtops.

The rear garden enjoys plenty of privacy, thanks to a high fence. A verandah runs across the back of the house, providing good undercover space, and established trees soften the garden. Double gates from the side street open to the carport, and the shed has been transformed to a bungalow or workshop with polished concrete flooring, dado boards, insulation, split system heating and cooling, power and lights. This could, however, be easily reconverted to be used as additional vehicle storage if required.

Contact Bec Allen - 0438 528 091 to arrange an inspection.

SPRING 2020 |

21

Be. Bendigo BUSINESS + COMMUNITY

22

Bendigo has a vibrant and diverse business

a powerful nutshell, particularly for businesses new to

community well placed for success. Local Council

Bendigo, and for developers of large projects where

and organisations such as Bendigo Business Council

drawing from the local trades pool and keeping the

and Be.Bendigo offer support, all working together to

supply of materials contracted to local manufacturers

turn the cogs toward the common goal of creating

is vital for the local economy. A good example of

a stronger community and more prosperous local

Be.Bendigo’s involvement in such projects is the

economy.

$68m redevelopment of Bendigo TAFE. The contract

Be.Bendigo CEO, Dennis Bice states their purpose

agreement with the developer has seen the project

succinctly, ‘We link businesses.’ It’s simple enough but

retain goods and services in Bendigo.

| SPRING 2020

Be.Bendgo is a centre for local business. By collaborating with three tiers of government, key people and organisations they help members and partners achieve their goals and connections to our community. Training programs, networking events and communications are offered to support businesses to be prosperous, sustainable and innovative.

Two programs offered by Be.Bendigo are GROW Bendigo and Localised. Localised is a free program with over 700 registered businesses that serves to link products and services locally. Localised helps people and businesses to shop local, by providing a place for all to see what trades people and suppliers are available.

GROW (Growing Regional Opportunities for Work) Bendigo is also about spending money locally but is also about keeping jobs in the region. Particularly jobs for the disadvantaged; disengaged youth, long-term unemployed, aboriginal people, and people with disabilities.

Despite these challenging times there is a real hum of optimism at Be.Bendigo headquarters for future growth in the Bendigo economy. We all agree the displays of innovation in local business are truly inspirational. ‘There are some companies showing amazing innovation in Bendigo,’ Dennis says shaking his head.

‘The real strength in the stability of the Bendigo business community lies in its diversity. If one industry falls over the city will carry on. We aren’t reliant on any one sector,’ Dennis says. When asked to give a hot tip on business sectors to watch for the future, Dennis rattles off, ‘tourism, mining, manufacturing, along with professional services as the tree changers arrive from Melbourne.’ The sectors

This activity will bring positive change to the inner-city

are clearly predicted to remain diverse. Development

precinct. It is predicted we will see an increase of three

in tourism is already well underway. Qantas cited a

floor tenures whereby the ground floor will be retail, then

predicted growth in tourism motivated by Bendigo’s rich

commercial space with residential living on the top floor.

cultural and arts precinct and food offerings as a factor

‘There is a lot of money being invested,’ beams Dennis,

in bringing the airline service to the city. The Mantra

‘there is a lot for the city to look forward to.’ Be.Bendigo’s

Hotel and restaurant will open in 2022 reinvigorating

Engagement Manager, Wayne Tobin agrees, ‘It reminds

the Bendigo Mall. Two more hotels will be developed

me of the exciting buzz of activity when the arts

in Mollison Street, one around 110 rooms and the other

precinct was being planned and created.’ And that’s a

about double that.

development for the community to be proud of.

SPRING 2020 |

23

12 Houlahan Street, Flora Hill 6

3

2

PRICE: $750,000 - $780,000 | LAND SIZE: 845 m2 | AGENT: Michael Brooks - 0418 135 444 | Jayden Donaldson - 0437 177 379

Recently renovated throughout and sitting on a corner block, close to La Trobe University and Strath Village, is this incredibly spacious family home. With a stylish finish, multiple living zones, fantastic storage and plenty of unique detail, this property has so much to offer.

24

| SPRING 2020

5/125 Mitchell Street, Bendigo 3

2.5

1

PRICE: $430,000 - $450,000 | AGENT: Bec Allen - 0438 528 091

Beautifully presented, this spacious and light-filled townhouse offers easy, modern living in the heart of the city.

Adjacent to the Bendigo railway station and Bendigo Marketplace and offering a shed, private outdoor space, three bedrooms and a large living area, this is fantastic, low-maintenance living.

SPRING 2020 |

25

139 Barnard Street, Bendigo 3

2

3

PRICE: $575,000 - $595,000 | LAND SIZE: 513 m2 | AGENT: Bec Allen - 0438 528 091

Ideally positioned directly adjacent to Bendigo hospital and walking distance to the CBD, arts precinct and Lake Weeroona, is this charming heritage home. With two living areas and a number of pretty pockets to relax in thanks to an established, private garden, this beautifully presented cottage is an absolute delight.

26

| SPRING 2020

17 Malcolm Street, Quarry Hill 3

2

1

PRICE: $520,000 - $550,000 | LAND SIZE: 523 m2 | AGENT: Bec Allen - 0438 528 091

Located in tightly-held Quarry Hill, this charming 1930s Art Deco build is full of character detail and offers a brandnew bathroom and kitchen. With a flexible floorplan across two buildings this lovely property is absolutely ideal for a creative, or buyer wanting to work from home.

SPRING 2020 |

27

16 Bancroft Street, Bendigo 4

2

3

PRICE: $1,350,000-$1,400,000 | LAND SIZE: 1,012 m2 | AGENT: Bec Allen - 0438 528 091

Sitting on a corner block amongst Bendigo’s most iconic historic homes, and walking distance to the CBD, is this 1891-built brick beauty. A recent high-end renovation and restoration ensures this property is ready to be enjoyed, providing the perfect mix of heritage class and immaculate contemporary styling.

28

| SPRING 2020

1 McKenna Court, Flora Hill 3

1

2

PRICE: $365,000 - $385,000 | AGENT: Jayden Donaldson - 0437 177 379 | Michael Brooks - 0418 135 444

Within easy walking distance to all amenities, this light and bright contemporary home is the perfect lowmaintenance property. With a large open plan living space, alfresco area and private and secure yard, the home is positioned in a quiet court and offers great easy living.

SPRING 2020 |

29

26 Aberdeen Drive, Junortoun 4

2

3

PRICE: $598,000 - $625,000 | LAND SIZE: 802 m2 | AGENT: Jayden Donaldson - 0437 177 379 | Michael Brooks - 0418 135 444

Located in the heart of the popular McIvor Forest Estate and just one block from playground and reserve, is this absolutely beautiful contemporary home. With an abundance of natural light, a practical floorplan and quality fixtures and fittings, this property is immaculate both inside and out.

30

| SPRING 2020

40 The Boulevard, White Hills 4

5

2

PRICE: $540,000 - $565,000 | LAND SIZE: 524 m2 | AGENT: Drew Stratton - 0414 576 371 | Bec Allen 0438 528 091

Just across the road from the Bendigo Creek Trail between Lake Weeroona and the Botanical Gardens, is this spacious, low-maintenance, contemporary property. With a flexible floorplan providing space for teens, aged parents or tenants, this unique home is full of possibility.

SPRING 2020 |

31

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

34

| SPRING

2020

Q & A

Glenn Rea P R I N C I PA L

Do you remember your first day at MM?

I don’t really consider it a balance, I love what I do,

It was nearly 30 years ago and the business was called

the people I work with and all the wonderful clients I

Ralph H McGregor & Co then and I was doing my year

have the opportunity to engage with.

11 exams and Dad had one employee at the time

Is there really an optimal time to sell your home?

who resigned in the heart of the spring selling season.

Which meant I was required to balance school and help dad where I could. Fortunately I had spent many school holidays working alongside Dad so I wasn’t a complete greenfield. How time flies.

What is it like seeing how MM has grown over the years?

To be there for the entire journey has been incredible.

The most incredible part is the amazing people we keep attracting. Your business is only as good as its people and at McKean McGregor we are very lucky.

They say not to mix family and business. How did you make it work so well?

This is just the beginning. To work alongside my dad is truly one of my great treasures. He was a gruff man when I started out and an extremely hard task master but as our working relationship grew so did our

Each property has its own unique characteristics and understanding that you know who the most likely person is a buyer. So firstly you need to figure out how to market a property to a certain type of buyer. Then what competing properties there are in the market to create competitive tension. If supply of that type of property is low then that is a great time to sell.

But answering the question broadly and not to a specific type of property, supply is normally low in Winter and around Christmas and both these times people never think about selling their property but I believe these times can be quite advantageous to do so.

How has MM been embracing all the changes we have faced in 2020 so far?

personal one. He is longer just my dad now but my

We are very fortunate to have some great minds in

best mate. I was also very fortunate with the merger of

the business, who constantly try to evolve and for

W McKean & Co and having two other fine gentlemen

us to continue to be progessive. 2020 certainly is

to work alongside in brothers Kevin & Peter Gallagher.

not a normal year and we have only seen this as an

Since then I always consider any team member apart

opportunity to further help our clients. I think the public

of our family, the MM family.

can see how we try and do everything we can for

How do you balance working on both the real estate

client outcomes and generate the best possible result

and livestock side of MM?

in any climate.

SPRING

2020 |

35

11 Bannister Street, North Bendigo 4

2

2

PRICE: $550,000 - $565,000 | LAND SIZE: 659 m2 | AGENT: Bec Allen - 0438 528 091

This delightful character home has been recently renovated throughout, including restumping, and beautiful retains many of the original features. Walking distance to Bendigo hospital, and sitting on a spacious, secure and private allotment, this beautiful property is full of charm.

36

| SPRING 2020

SPRING 2020 |

37

SOLD

88 Schilling Lane, Strathfieldsaye 4

2

2

PRICE: $695,000 - $750,000 | LAND SIZE: 6 acres (approx.) | AGENT: Bec Allen 0438 528 091

Minutes from all amenities yet feeling like you’re a world away, this lovely brick and stone build offers character and style set in the heart of six acres (approx.) of tranquil native bushland. With a spectacular living space providing a very special outlook, this home also includes shedding, tanks, dam and more.

85 Strickland Street, Ascot 4

3

4

215 Don Street, Bendigo 5

1

2

PRICE: $875,000

PRICE: $430,000 - $450,000

LAND SIZE: 3,000 m2

LAND SIZE: 512 m2

AGENT: Bec Allen - 0438 528 091 Glenn Rea - 0429 027 220

AGENT: Michael Brooks - 0418 135 444 Glenn Rea - 0429 027 220

124 Williamson Street, Bendigo

61 Ellis Street, Flora Hill

3

2

2

5

2

6

PRICE: $780,000 - $795,000

PRICE: $600,000

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

LAND SIZE: 1,641 m2 AGENT: Bec Allen - 0438 528 091

SPRING 2020 |

39

111A Chum Street, Golden Square 3

1

2

1

1

PRICE: $300,000 - $320,000

PRICE: $355,000

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

AGENT: Bec Allen - 0438 528 091

8 Duncan Court, Junortoun

3 Drovers Close, Maiden Gully

5

40

1

11A Ashley Street, Ironbark

2

2

4

2

6

PRICE: $575,000 - $595,000

PRICE: $680,000 - $720,000

LAND SIZE: 1,042 m2

LAND SIZE: 4,287 m2

AGENT: Drew Stratton - 0414 576 371 Jayden Donaldson - 0437 177 379

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

| SPRING 2020

10 Kildonnan Place, Strathdale 3

2

4

1 Sherpa Court, Strathdale 4

3

2

PRICE: $620,000 - $640,000

PRICE: $829,000-$849,000

LAND SIZE: 510 m2

LAND SIZE: 707 m2

AGENT: Bec Allen - 0438 528 091

AGENT: Jayden Donaldson - 0437 177 379 Glenn Rea - 0429 027 220

49 Alexander Close, Strathfieldsaye

4 Trudgeons Road, Welshman’s Reef

4

2

2

PRICE: $525,000 - $545,000

4

2

2

PRICE: $330,000 - $360,000

LAND SIZE: 946 m2

LAND SIZE: 3,667 m2

AGENT: Bec Allen - 0438 528 091

AGENT: Drew Stratton - 0414 576 371

SPRING 2020 |

41

11 Regent Street, Strathfieldsaye 4

2

2

4

1

3

PRICE: $730,000 - $760,000

PRICE: $495,000

LAND SIZE: 908 m2

LAND SIZE: 1,324 m2

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

AGENT: Drew Stratton - 0414 576 371

59 Raglan Street, White Hills

273B Mackenzie Street, Golden Square

2

1

1

| SPRING 2020

2

1

1

PRICE: $230,000

PRICE: $300,000 - $320,000

LAND SIZE: 346 m2

AGENT: Vanessa Appleby - 0413 543 897 Michael Brooks - 0418 135 444

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

42

28 High Street, Wedderburn

BENDIGO’S NEWEST CENTRAL RESIDENTIAL DEVELOPMENT

N

18 18

596m22 596m

19

UNDER CONTRACT

475m2

20

UNDER

CONTRACT SOLD

UNDER CONTRACT

475m2

16

21 SOLD M O O N TA

UNDER CONTRACT

425m2

496m2

ST R EE T

SOLD

23

SOLD 510m2

22 SOLD

UNDER CONTRACT

SOLD

456m2

4

UNDER CONTRACT

BEN RES

496m2

5 SOLD 572m2

6

UNDER CONTRACT

615m2

8

UNDER CONTRACT

9

UNDER CONTRACT

10

SOLD 457m

2

11

UNDER CONTRACT

12

SOLD

13

UNDER CONTRACT

610m2

419m2

469m2

425m2

459m2

Perfec

SOLD

1.5km

to of

s

SOLD

AD NG RO MARO

DREW

M

E: drew@m

Perfectly positioned and located just over 1.5km to all of what Bendigo Central has to offer. With 20 lots ranging in various sizes with great wide frontages.

DREW STRATTON

GLENN REA

M: 0414 576 371

M: 0429 027 220

E: drew@mckeanmcgregor.com.au

E: glenn@mckeanmcgregor.com.au

SPRING 2020 |

43

@MCKEANMCGREGOR

McKean McGregor Property Management The team at MM are committed to providing exceptional customer service based on our core values of Trust & Communication.

McKean McGregor is coming into Spring strong, after

incredibly strong with an influx of buyers being attracted

having had some great results throughout all of Winter,

to Bendigo from all over Victoria.

where we usually see a lull. Units and apartments in regional Victoria have seen a slight increase in market

REIV President, Leah Calnan, says the Victorian property

value and the market is in better shape now across all

market has displayed true strength in holding firm against

property types than this time last year.

all predictions regarding the impact of Covid-19. The

With an increase in tenant activity we have seen the

following pages list potential investment opportunities,

days on market for vacant properties start to decrease

feel free to contact our office if you would like more

over the last few months. The sales market remains

information or to discuss further with the agent.

SPRING 2020 |

45

LEASED 24 Hyatt Road, Huntly 4

2

2

11 Rosemary Avenue, Strathdale 3

1

2

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 6 Roeder Street, Ironbark 3

46

LEASED

1

1

LEASED 3a Denovan Street, East Bendigo 3

1

1

FOR LEASE: $370 per week

FOR LEASE: $360 per week

PROPERTY MANAGER: Tabitha Morgan - 0439 111 917

PROPERTY MANAGER: Tabitha Morgan - 0439 111 917

| SPRING 2020

LEASED

LEASED

89 Lockwood Road, Kangaroo Flat

21b Uley Street, Bendigo

3

1

1

4

2

2

FOR LEASE: $350 per week

FOR LEASE: $430 per week

PROPERTY MANAGER: Tabitha Morgan - 0439 111 917

PROPERTY MANAGER: Tabitha Morgan - 0439 111 917

LEASED

LEASED

63 Marnie Road, Kennington

3/13 Grattan Street, North Bendigo

6

2

2

2

1

1

FOR LEASE: $480 per week

FOR LEASE: $250 per week

PROPERTY MANAGER: Tabitha Morgan - 0439 111 917

PROPERTY MANAGER: Tabitha Morgan - 0439 111 917

SPRING 2020 |

47

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

SPRING 2020 |

49

FOR SALE 2-4 Pall Mall, Bendigo PRICE: $1,400,000 + GST AGENT: Jeremy Brown - 0417 590 171

• One of the most prominent buildings in Bendigo overlooking the fountain • Street frontage to both Pall Mall & Mitchell Streets • Close proximity to the Bendigo Bank headquarters and other national retailers • Multiple uses including offices and retail

50

| SPRING 2020

• Existing 2 tenants paying approx $42k per annum for circa 155m2 • Approx. 392m2 available for lease • An opportunity to own a key piece of Bendigo

FOR SALE 173 High Street, Bendigo PRICE: $625,000 to $675,000 + GST AGENT: Jeremy Brown - 0417 590 171

• Rare opportunity to purchase vacant land in Bendigo CBD • Approximately 17 metres frontage to busy High St • 925m2 of Commercial 1 Zoned land

• High exposure site • Close proximity to Bob Jane T-mart, Beechworth Bakery, Hungry Jacks, Pizza Hut and a short stroll to the Cathedral.

• Plans in place for office space with car parking

SPRING 2020 |

51

SOLD 104 Harpin St LAND SIZE: 5,000 m2* | BUILDING AREA: Shedding 750 m2* Offices 150 m2* INCOME: $92,500 per annum AGENT: Jeremy Brown - 0417 590 171

• Purpose built freight facility for national tenant Toll Group • Shedding of 750 m2* and offices of 150 m2*

52

• Significant yard area suitable for large trucks • 13 x electric roller door access to the shed

• Land Area of 5,000m2*

• Hi-bay lighting and 3 phase power

• Current rent $92,500 per annum

• Office facilities with lunchroom and toilet facilities

| SPRING 2020

FOR LEASE

FOR LEASE

121A Victoria Street, Eaglehawk

13 Trantara Court, East Bendigo

RENT: $55,000 p.a. + GST + Outgoings

RENT: $29,500 p.a. + GST + Outgoings

BUILDING AREA: Main shed and office: 770 m2* Shed 2: 90m2 + storage of 70m2

LAND AREA: 520 m2

AGENT: Jeremy Brown - 0417 590 171

BUILDING AREA: 255 m2 of warehouse 95 m2 of office space AGENT: Jeremy Brown - 0417 590 171

FOR LEASE

FOR LEASE

290-294 High Street, Golden Square

28 Bridge Street, Bendigo

RENT: $52,500 p.a. + GST + Outgoings

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

LAND AREA: 1,460 m2

LAND AREA: 335 m2

ZONED: Commercial 1

BUILDING AREA: 175 m2

AGENT: Jeremy Brown - 0417 590 171

AGENT: Jeremy Brown - 0417 590 171

SPRING 2020 |

53

54

| SPRING 2020