343 Barnard Street, Bendigo VIC 3550

Property Details: • Type: House

• Bedrooms: 4 • Bathrooms: 2

Description: Heritage Charm with Exceptional Live/Work & Income Potential 343 Barnard Street, Bendigo VIC (Formerly the Violet Street Hotel) A rare opportunity to own a piece of Bendigo's history: a beautifully styled four-bedroom, two-bathroom residence imbued with period character and extraordinary scope for multiple income streams and flexible usage. Positioned on a wide corner allotment (~861m²) within the renowned Violet Street precinct, this home offers a seamless blend of architectural heritage and contemporary functionality. Key Features Bedrooms & Bathrooms 4 bedrooms, including flexible spaces ideally suited for living, working, or short-stay accommodation. 2 full bathrooms + 3 toilets, ensuring comfort and convenience across family and guest usage. Kitchen & Living 2 kitchens, with scope for a third kitchenette-perfect for dual households, shared living, or separate live/work arrangements. Parking & Outdoor Secure carport accommodates up to 4 vehicles. Private garden, generous shed, solar installations-offering lifestyle appeal and sustainability. Historic Features & Zoning Original cellar remains intact, a standout heritage detail offering unique character and versatility. Situated within General Residential Zone (GRZ) with options for mixed use -allowing for diverse residential use and business activity (subject to approvals). Triple-Income Potential - Why This Property Stands Out Rental potential $1,625 per week = 8% plus return! Studio $400 per week House $550 per week Commercial shop $675 per week Business Opportunity Launch or continue a live-in commercial enterprise-whether a salon (already installed and functional), clinic, office, or studio-leveraging the mixed use opportunities Self-Contained Studio / Airbnb With a secondary kitchen and multiple toilets, the property lends itself easily to a self-contained studio or short-term rental-providing a steady rental or Airbnb income stream. Primary Residence + Investment Options Occupy the main residence and generate income by renting out separate zones. Alternatively, consider a rooming house configuration or multi-tenancy setup-optimizing returns while retaining flexibility. Heritage, Location & Market Appeal Rich Architecture & Local Significance Retaining its original cellar and storied past, the home exudes timeless character. Nestled in the heart of the Violet Street precinct-a neighborhood celebrated for its gold-era buildings and historic charm. Strong Market Outlook Land size: 861m² Highlights Snapshot Feature Description Bedrooms 4 Bathrooms 2 Toilets 3 Kitchens 2 (plus scope for 3rd kitchenette) Parking Up to 6 vehicles Heritage Elements Original cellar intact Zoning RGZ with mixed use Income Streams Salon/ business, self-contained rental (Airbnb/studio), primary residence + rental/rooming house In Summary: This property isn't just a home-it's a versatile income-generating asset rich with character, strategically located, and offering deep flexibility for modern living, business, or savvy investment. A true standout in Bendigo's market.