{"id":122297,"date":"2026-07-04T04:00:00","date_gmt":"2026-07-03T18:00:00","guid":{"rendered":"https:\/\/timesnewsgroup.com.au\/bellarinetimes\/?p=122297"},"modified":"2026-07-04T04:00:00","modified_gmt":"2026-07-03T18:00:00","slug":"bendigos-biggest-investment-opportunity-hits-the-market-for-the-first-time","status":"publish","type":"post","link":"https:\/\/timesnewsgroup.com.au\/bellarinetimes\/real-estate\/bendigos-biggest-investment-opportunity-hits-the-market-for-the-first-time\/","title":{"rendered":"Bendigo&#8217;s biggest investment opportunity hits the market for the first time"},"content":{"rendered":"<p>BENDIGO&#8217;s booming economy and tightly held commercial property market have helped make the city one of regional Victoria&#8217;s most sought-after investment destinations.<\/p>\n<p>Now, a landmark CBD asset housing Bendigo Bank&#8217;s headquarters has hit the market for the first time, with agent expectations of around a 9 per cent yield.<\/p>\n<p>The Bendigo Centre and adjoining Fountain Court building at 2\u201334 Bath Lane are being offered for sale with a new 10-year lease to Bendigo Bank, presenting investors with the opportunity to secure one of regional Australia&#8217;s most recognisable commercial assets.<\/p>\n<figure id=\"attachment_190703\" aria-describedby=\"caption-attachment-190703\" style=\"width: 600px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-190703\" src=\"https:\/\/static.timesnewsgroup.com.au\/prod\/uploads\/sites\/2\/2026\/07\/BendigoBankHQ_Collie_56381_tn.jpg\" alt=\"\" width=\"600\" height=\"400\" \/><figcaption id=\"caption-attachment-190703\" class=\"wp-caption-text\">Photo: Colliers.<\/figcaption><\/figure>\n<p>&nbsp;<\/p>\n<p>Colliers agents Scott Orchard, Rob Joyes and Anna Cavar have been exclusively appointed to market the property.<\/p>\n<p>Occupying an entire CBD island site bounded by High Street, Mitchell Street, Bath Lane and Oscars Walk, the mixed-use development was purpose-built for Bendigo Bank and completed in 2008 in partnership with Gray Puksand architects.<\/p>\n<p>It was the first 5-Star Green Star-rated building in a regional Australian market, reinforcing its long-term sustainability credentials.<\/p>\n<p>The mixed-use property comprises about 20,039sqm of net lettable area across two interconnected buildings on a prominent 7,866sqm CBD island site.<\/p>\n<figure id=\"attachment_190701\" aria-describedby=\"caption-attachment-190701\" style=\"width: 600px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-190701\" src=\"https:\/\/static.timesnewsgroup.com.au\/prod\/uploads\/sites\/2\/2026\/07\/BendigoBankHQ_Collie_57920_tn.jpg\" alt=\"\" width=\"600\" height=\"424\" \/><figcaption id=\"caption-attachment-190701\" class=\"wp-caption-text\">Photo: Colliers.<\/figcaption><\/figure>\n<p>&nbsp;<\/p>\n<p>It is currently 91.1 per cent occupied, with a WALE of 8.1 years by income and generates about $7.43 million in fully leased annual income.<\/p>\n<p>Orchard, Colliers national director of office capital markets and investment services, said the offering represented a rare opportunity to acquire one of regional Australia&#8217;s premier commercial assets.<\/p>\n<p>&#8220;Investors are being presented with a true blue-chip regional asset, combining an ASX-200 covenant, long WALE, strong sustainability credentials and an irreplaceable Bendigo CBD landholding,&#8221; Orchard said.<\/p>\n<p>&#8220;A diverse tenant and income profile, anchored by the bank, provides income resilience, complemented by Catholic Education, GMHBA and a range of ground floor retail and hospitality offerings.<\/p>\n<p>&#8220;Assets of this calibre, that are the best offerings in the sub-market, particularly in regional markets with above-average standard of accommodation, always attract tenant interest and are tightly held.&#8221;<\/p>\n<p>Bendigo has emerged as one of Australia&#8217;s strongest regional investment markets, underpinned by sustained population growth, a diverse economy and significant public and private investment.<\/p>\n<p>Joyes, Colliers state chief executive, said the city&#8217;s economic fundamentals continued to drive demand for premium commercial accommodation.<\/p>\n<p>&#8220;That economic momentum is translating directly into demand for high-quality commercial accommodation such as this,&#8221; Joyes said.<\/p>\n<figure id=\"attachment_190702\" aria-describedby=\"caption-attachment-190702\" style=\"width: 600px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-190702\" src=\"https:\/\/static.timesnewsgroup.com.au\/prod\/uploads\/sites\/2\/2026\/07\/BendigoBankHQ_Collie_60012_tn.jpg\" alt=\"\" width=\"600\" height=\"399\" \/><figcaption id=\"caption-attachment-190702\" class=\"wp-caption-text\">Photo: Colliers.<\/figcaption><\/figure>\n<p>&nbsp;<\/p>\n<p>&#8220;This is an exceptionally generous and prominent CBD site with flexible zoning, multiple frontages and clear value-add and sub-division potential, subject to relevant approvals, along with additional future upside and other compelling opportunities.&#8221;<\/p>\n<p>Bendigo is Victoria&#8217;s second-largest regional economy, generating more than $10bn annually.<\/p>\n<p>Its population has grown by about 14 per cent over the past decade and is forecast to reach 200,000 by 2050.<\/p>\n<p>More than $600m in recent and committed public and private investment has flowed into the region, including the Bendigo GovHub, new law courts, rail upgrades and major health, education and civic infrastructure projects.<\/p>\n<p>The city supports more than 55,000 jobs and is targeting 13,000 additional roles by 2030 across health, education, government services and professional sectors.<\/p>\n<p>The Bendigo Centre at 2\u201334 Bath Lane is being offered for sale via international expressions of interest, which will close at 2pm on Wednesday 29 July.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BENDIGO&#8217;s booming economy and tightly held commercial property market have helped make the city one of regional Victoria&#8217;s most sought-after investment destinations. Now, a landmark CBD asset housing Bendigo Bank&#8217;s headquarters has hit the market for the first time, with agent expectations of around a 9 per cent yield. The Bendigo Centre and adjoining Fountain [&#8230;]<\/p>\n<p><a class=\"btn btn-secondary understrap-read-more-link\" href=\"https:\/\/timesnewsgroup.com.au\/bellarinetimes\/real-estate\/bendigos-biggest-investment-opportunity-hits-the-market-for-the-first-time\/\">Read More&#8230;<\/a><\/p>\n","protected":false},"author":29,"featured_media":122298,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"featured_section_post":"right_list","home_featured_section_post":"","footnotes":""},"categories":[19],"tags":[],"post_folder":[],"class_list":["post-122297","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Bendigo&#039;s biggest investment opportunity hits the market for the first time - 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