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Written by Marc Pallisco
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Wednesday, 14 July 2010 00:36 |
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TWO central Bendigo buildings that previously accommodated notable local businesses, have hit the market as development sites, again.
The City of Greater Bendigo has relisted for sale the former Bendigo Advertiser building, in Pall Mall, and the adjoining St Vincent De Paul building, in Hargreaves Street.
It’s hoped a new purchaser may redevelop the combined 2000 square metre site into a mixed use complex with a hotel, offices, and retail space including a restaurant and bar.
An inner-city residential apartment complex is also an option, according to council.
The relisting comes two years after council failed to sell the sites to a Melbourne builder, who was proposing a $25 million hotel-based redevelopment.
“Council is open to ideas from developers and investors interested in developing opportunities in the Bendigo CBD and we expect to receive good interest in this land,” said City of Greater Bendigo’s Director - City Futures, Stan Liacos.
Council’s commercial development manager Rachel Lee is managing the sale campaign.
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