FOR SALE
$1,440,000

128 Main Street
Bairnsdale VIC 3875

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 530m2
Land area: 265m2
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REGIONAL HIGH PROFILE CORNER INVESTMENT OPPORTUNITY

One of Bairnsdale's most prominent corner locations.
Embark on a remarkable investment journey with this extraordinary opportunity situated at the prestigious corner of Main (Princes Highway) and Bailey Streets.
This rare gem boasts a high-profile position, commanding attention, and promising unparalleled visibility. With a total of ten tenancies generating an impressive combined income of $111,543.18 per annum, this property stands as a beacon of prosperity. Its character-filled two-story structure harmonizes retail and office spaces, offering a diverse portfolio. Consolidated under one title, this property exudes fantastic street appeal, presenting a captivating allure to both investors and tenants alike.
Seize this chance to own a piece of Bairnsdale's commercial landscape and redefine your investment portfolio.
The keys features include:
- Ten tenancies with a combined income of $111,543.18 per annum
- 39* metre frontage to Bailey Street and 6.5* metre frontage to Main Street
- Popular corner CBD location with high level of passing vehicle and foot traffic
* Approximate only

Property Details for 128 Main St, Bairnsdale

Building Type
Commercial
Floor Size
530m2
Land Size
265m2

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About Bairnsdale 3875

The size of Bairnsdale is approximately 66.4 square kilometres. It has 15 parks covering nearly 9.2% of total area. The population of Bairnsdale in 2011 was 7,237 people. By 2016 the population was 7,581 showing a population growth of 4.8% in the area during that time. The predominant age group in Bairnsdale is 60-69 years. Households in Bairnsdale are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Bairnsdale work in a professional occupation. In 2011, 63.8% of the homes in Bairnsdale were owner-occupied compared with 60.8% in 2016.

Bairnsdale has 5,793 properties. Over the last 5 years, Houses in Bairnsdale have seen a 59.68% increase in median value, while Units have seen a 48.87% increase. As at 30 September 2024:

  • The median value for Houses in Bairnsdale is $430,688 while the median value for Units is $341,713.
  • Houses have a median rent of $440 while Units have a median rent of $350.
There are currently 86 properties listed for sale, and 29 properties listed for rent in Bairnsdale on OnTheHouse. According to CoreLogic's data, 207 properties were sold in the past 12 months in Bairnsdale.

Suburb Insights for Bairnsdale 3875

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Matt Baylis
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KING & HEATH FIRST NATIONAL - Bairnsdale
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.