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228-230 Main Street
Bairnsdale VIC 3875
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Sold on 29 Nov 2022

228-230 Main Street Bairnsdale VIC 3875

  • Shop & Retail
  • 405 m²
  • Sold

Freehold Investment Adjoining McDonald's Leased by National Tenant

    - Renewed 3 Year Net Lease
    - 474 sqm* Strategic Landholding
    - Prime Gateway Position

    The key highlights of the opportunity include:

    A strategic investment anchored by longstanding national tenant FortyWinks (100+ Australian stores)
    Vendor favoured, recently renewed, 3-year net lease with no further options providing opportunity for occupiers/developers in the medium term
    Located at the gateway to Bairnsdale with prime Main Street frontage, rear access & off-street parking via major council car park
    Flexible 474 sqm* Commercial 1 zoned landholding complete with multiple street frontages
    FortyWinks, and any future tenants, benefit from exposure to the 22,000* vehicles that pass along Main Street daily
    Providing annual income of $60,000* + GST + Outgoings with fixed annual increases of 2%
    Benefitting from 150+ free council car parks and a mix of complementary surrounding tenants including Woolworths, McDonald's, BWS, Subway & the Bairnsdale Visitor Information Centre
    Gippsland, located in Victoria's south east, is experiencing a significant population boom, currently growing at 4% per annum
    A strong tourism industry contributes ~$1.68 billion annually to the Gippsland economy (8.94 million* tourists visit the area each year)
    *Approximate

    To obtain further information or to arrange an inspection, please contact the exclusive selling agents:

    Wilson Property:

    Ben Wilson
    0412 525 542

    Emma Dunne
    0407 865 838

    Stonebridge Property Group:

    Nic Hage
    0448 782 594

    Rorey James
    0439 400 081

    Sarah Xi
    0468 320 297

    Wilson Property
    Wilson Property
    Ground Floor, 62 Church Street
    Traralgon, VIC 3844

    Property Highlights

    Date Sold29 Nov 2022
    Floor Area405 m²
    Land Area474 m²
    ParkingAsk Agent
    Property ID2019180558
    Category
    Last updated  15 Apr 2024
    Map for 228-230 Main Street Bairnsdale VIC 3875
    Wilson Property
    Wilson Property
    Ground Floor, 62 Church Street
    Traralgon, VIC 3844

    Property Highlights

    Date Sold29 Nov 2022
    Floor Area405 m²
    Land Area474 m²
    ParkingAsk Agent
    Property ID2019180558
    Category
    Last updated  15 Apr 2024

    Co-Agents

    More about 228-230 Main Street Bairnsdale VIC 3875

    228-230 Main Street Bairnsdale VIC 3875 is categorized as Shop & Retail Property. It has a floor area of 405 m² and a land area of 474 m². The listing ID for this property is 2019180558.

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