SOLD
Sold on 06 Feb 2024 for $2,025,000

489 Main Street
Bairnsdale VIC 3875

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 98m2
Land area: 2030m2
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Property Details for 489 Main St, Bairnsdale

Building Type
Commercial
Floor Size
98m2
Land Size
2030m2
Local Government
East Gippsland
Lot/Plan
5/PS330182

Last Listing description (November 2023)

- Building Area: 753 sqm*
- Land Area: 2,030 sqm*
- Zoning: Industrial 1 (IZ1)

This property's prime location on Main Street, adjacent to Bunnings, ensures excellent visibility and accessibility, making it a great choice for businesses seeking a strategic position in the industrial and retail landscape. With its spacious and adaptable layout, it can accommodate a wide range of industrial and commercial uses (S.T.C.A.).

This well-presented property comprises a large showroom with office, mezzanine with lunchroom/meeting room plus additional spaces, large warehousing area that opens to an undercover awning and large hardstand area.

This is an exceptional property and a rare offering. Don't miss out on this outstanding leasing opportunity!

*Approximate

Property History for 489 Main St, Bairnsdale, VIC 3875

A timeline of how this property has performed in the market
Last Sold
$2,025,000
06 Feb 2024
Listed for Rent
$100k/w
24 Nov 2023
  • 06 Feb 2024
    Sold for $2,025,000
  • 14 Nov 2023
    Listed for Rent - Price not available
  • 19 Nov 2003
    Sold for $655,000
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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 5,824 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 82 properties listed for sale, and 23 properties listed for rent in Bairnsdale on OnTheHouse. According to CoreLogic's data, 218 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.