New development set to start next year

CENTRAL Bendigo is set to get a substantial multi-storey development with works expected to begin on a project in the King and Queen streets areas in early 2024.

The architecturally designed Luna will include four commercial spaces and 17 residential apartments, with the development of the project being managed by the Bulum Group.

Due to the continued success of Bendigo’s property market, a spokesperson from the Bulum Group said the apartments are set to attract new business, people, and growth to the community.

Since VCAT’s decision to approve the development on 8 February, the Bulum group has been working to bring the development to market.

“We are excited about our new opportunity and relationships in Bendigo and what it will bring to the city. We believe the city is more than ready for a development like this,” said senior development project manager Nick Merriman.

Luna is set to be one of Bendigo’s highest end development projects.

With planning, permits, and building contracts in place, the Bulum Group is in the final preparation phase before beginning construction.

“We are thrilled with progress and excited to be working with MacDonald & Co on the building,” Mr Merriman said.

“Luna will be amazing for Bendigo. Bringing the inspired modern and urban design to life will breathe further energy into this remarkable city.”

McKean McGregor Real Estate has been appointed as the agency to find owners for the residences and commercial spaces.

“We are extremely privileged to be working on this project and are thrilled to be bringing the products to the Bendigo market,” said Jayden Donaldson, licensed agent and McKean McGregor director.

“We know there is an active market for modern, inner-city apartment living and we are excited to start talking to interested parties.”

Situated in the vibrant King and Queen Street precinct, Luna will be a modern and welcome addition to the Bendigo skyline.

The 17 apartments include modern fixtures, fittings, and architecturally designed spaces, with a mixture of two and three bedroom apartments over three floors.

The four ground floor commercial spaces will all have street presence.

All residences and commercial spaces are open for expression of interest via luna-bendigo.com.au.

For further information on the residential apartments contact Mr Donaldson on 0437 177 379 or Michael Brooks on 0418 135 444.

For further information on the commercial spaces contact Jeremy Brown on 0417 590 171.