FOR SALE
$1,400,000 + GST (if applicable)

270 Main Street
Bairnsdale VIC 3875

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 996m2
Land area: 1074m2
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HISTORIC REGIONAL HOTEL WITH PRIME LOCATION AND MODERN UPGRADES

An exceptional opportunity awaits with this prominent regional hotel. A landmark with a rich history dating back to 1878. Located at the bustling corner of Main and Pyke Streets, directly opposite the renowned St Mary's Catholic Church, this property offers high visibility and a storied past that make it a highly attractive investment.
The hotel is celebrated for its historical significance, continuing to draw both locals and tourists who are captivated by its legacy. Its strategic position at a major intersection ensures excellent foot traffic and prominence.
Recent refurbishments have elevated the ground floor of the property to meet modern standards while preserving its historical charm. The public bar has been modernized to offer a contemporary yet welcoming environment. The bistro has been revamped to provide an updated and inviting dining experience. Additionally, the state-of-the-art commercial kitchen is equipped to handle diverse culinary demands, and the inviting outdoor area enhances the overall appeal of the venue.
Whilst the property is being offered for sale with an existing lease in place, there is also an exciting opportunity to purchase the current business complete with the plant and equipment.
This hotel presents a secure and promising opportunity. Don't miss out on this chance to own a piece of history with all the advantages of modern amenities.

Property Details for 270 Main St, Bairnsdale

Building Type
Commercial
Floor Size
996m2
Land Size
1074m2

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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 5,789 properties. Over the last 5 years, Houses in Bairnsdale have seen a 65.37% increase in median value, while Units have seen a 58.87% increase. As at 31 July 2024:

  • The median value for Houses in Bairnsdale is $438,520 while the median value for Units is $354,730.
  • Houses have a median rent of $430 while Units have a median rent of $340.
There are currently 81 properties listed for sale, and 23 properties listed for rent in Bairnsdale on OnTheHouse. According to CoreLogic's data, 211 properties were sold in the past 12 months in Bairnsdale.

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Matt Baylis
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KING & HEATH FIRST NATIONAL - Bairnsdale
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