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Bendigo property market gets boost as overseas investor acquires Kangaroo Flat shopping hub
The sale of Lansell Square to international buyers signals confidence in Bendigo's retail landscape and major shopping precincts.
Business
The sale of Lansell Square to international buyers signals confidence in Bendigo's retail landscape and major shopping precincts.
An overseas investor has purchased Lansell Square, the prominent Kangaroo Flat shopping complex anchored by retail giants Coles, Kmart and Woolworths, according to reports from bendigoadvertiser.com.au. The mammoth fee attached to the transaction underscores the growing appeal of Bendigo's established shopping centres to international capital.
The acquisition reflects broader confidence in Bendigo's retail sector and its role as a regional shopping destination serving central Victoria. Major shopping complexes like Lansell Square remain attractive investment propositions for international buyers seeking stable, long-term returns from essential retail infrastructure in established regional markets.
The sale comes as Bendigo continues to consolidate its position as a regional services and retail hub, with properties anchored by major supermarket and department store operators offering reliable tenant bases. For local businesses and property investors, the transaction signals that significant capital remains interested in Bendigo's commercial property landscape.
Sources: bendigoadvertiser.com.au.
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