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EXPRESSIONS OF INTEREST
This rare collision of opportunity and potential is your chance to acquire a historic property standing on the birthplace of Bendigo.
The relic of the golden age known as The Penfolds Building offers an infinite array of exciting commercial or residential options with views over Rosalind Park, the Arts Precinct and the city in a walk-everywhere location in the heart of Bendigo.
It was built in 1879 for the distinguished Dr Oliver Penfold, a surgeon, pharmacist, musician and composer as his residence and medical practice. The ornate façade reflects the prosperity of the era when miners tents occupied the land immediately behind the building in Camp Hill Reserve or what we now know as Rosalind Park.
Formerly an art gallery and wine bar, the eye-catching building sit nobly among View Street's historic buildings. Inside it features towering ceilings throughout two floors with numerous rooms, some with open fireplaces, a kitchen, bathroom, laundry and a rear courtyard incorporating the remains of the facade of an original 1874 residence designed by Vahland and Getzschmann.
Visionaries will see many possibilities for this stately old soul. It has the potential to use the block approx 701 sqm with frontage to Rosalind Park for a subdivision or development with the unique address of 1 Park Lane. A still-current liquor license will allow you to explore commercial or retail uses; revamp and reconfigure to create luxurious boutique apartments; utilize for a conference/reception facility or budget/ backpacker accommodation.
Let your imagination run wild – imagine living on the park edge admiring the city views, wandering the nearby galleries and cafes, sampling the latest restaurants, exploring the arts precinct and easy access to the CBD.
It's a unique opportunity to savour the past and rewrite the future for this historic Bendigo landmark.
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