SOLD
Sold on 27 Aug 2024 for $1,738,000

223 Main Street
Bairnsdale VIC 3875

Bedrooms: -
Bathrooms: -
Car spaces: 7
Floor area: 275m2
Land area: 1662m2
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Property Details for 223 Main St, Bairnsdale

Building Type
Commercial
Floor Size
275m2
Land Size
1662m2
Local Government
East Gippsland
Lot/Plan
1/LP148873

Last Listing description (November 2023)

High profile retail opportunity that has significant passing traffic. Extremely well located opposite McDonalds and St Mary's Catholic Church and being surrounded by leading retailers such as Super Cheap Auto, Autobarn, Aussie Disposals, Pets Domain, BCF, Rivers and the soon to be opened Dan Murphy's:
- Lettable area from 400 to 908sqm* 400 - 908 sqm with high ceilings and exposed beams
- Dual access from Main and Macleod Streets

- The benefit of onsite parking at the front and car parking at the rear
- Generous Landlord works / Incentives on offer**
- Commercial 1 Zone CZI which permits a mix of uses
- Opportunity for high profile Retail, Medical, Hospitality / Restaurant with drive through from McLeod St to Main St
- Existing Late night Liquor Licence
- Potential for further prominent exposure by way of pylon sign
For further information or to arrange an inspection, please contact the King & Heath Commercial team on 03 5152 3311.
*Approximate only
**Conditions apply

Property History for 223 Main St, Bairnsdale, VIC 3875

A timeline of how this property has performed in the market
Last Sold
$1,738,000
27 Aug 2024
Listed for Rent
$479/w
03 May 2019
  • 27 Aug 2024
    Sold for $1,738,000
  • 25 Nov 2022
    Listed for Rent - Price not available
  • 21 May 2022
    Sold for $1,350,000
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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 5,834 properties. Over the last 5 years, Houses in Bairnsdale have seen a 57.83% increase in median value, while Units have seen a 53.00% increase. As at 30 November 2024:

  • The median value for Houses in Bairnsdale is $444,751 while the median value for Units is $350,366.
  • Houses have a median rent of $450 while Units have a median rent of $363.
There are currently 101 properties listed for sale, and 22 properties listed for rent in Bairnsdale on OnTheHouse. According to CoreLogic's data, 217 properties were sold in the past 12 months in Bairnsdale.

Suburb Insights for Bairnsdale 3875

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Disclaimer
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.