FOR SALE
$650,000 + GST (if applicable)

156 Main Street
Bairnsdale VIC 3875

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 120m2
Land area: 120m2
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REGIONAL RETAIL INVESTMENT OFFERING HIGH YIELD

Discover a prime investment opportunity with this exceptional property prominently located on Main Street, boasting an enviable position amidst bustling surroundings. The high foot traffic in this vibrant area ensures maximum visibility, making it an ideal retail location.
Situated in the heart of the action, this property is flanked by renowned retailers including Sussans, Just Jeans, JayJays, and EB Games, guaranteeing a constant stream of potential customers. The synergy of these leading brands creates a dynamic retail environment that adds value to the property.
As a freehold property, this is not just a space; it's a strategic retail investment that promises a robust return on investment. The strong performance of neighbouring businesses and the overall thriving atmosphere make this an attractive prospect for savvy investors.
Key Features:
- Leased to leading retailer - Taking Shape
- Currently leased until October 2027
- Rent of $52,717.27 per annum Gross
- 3.5% annual increases
Seize this opportunity to own a piece of prime commercial real estate in a sought-after location. Don't miss out on the chance to make a wise and lucrative investment in the heart of a thriving retail landscape.
Contact King & Heath Commercial today to arrange a viewing and explore the immense potential this property has to offer.

Property Details for 156 Main St, Bairnsdale

Building Type
Commercial
Floor Size
120m2
Land Size
120m2

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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 5,825 properties. Over the last 5 years, Houses in Bairnsdale have seen a 55.18% increase in median value, while Units have seen a 41.54% increase. As at 31 October 2024:

  • The median value for Houses in Bairnsdale is $441,387 while the median value for Units is $321,643.
  • Houses have a median rent of $440 while Units have a median rent of $360.
There are currently 84 properties listed for sale, and 24 properties listed for rent in Bairnsdale on OnTheHouse. According to CoreLogic's data, 217 properties were sold in the past 12 months in Bairnsdale.

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KING & HEATH FIRST NATIONAL - Bairnsdale
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