Wilson Property

228-230 Main Street,
Bairnsdale

Property photo 1 — 228-230 Main Street BairnsdaleSold1 of 8

Freehold Investment Adjoining McDonald's Leased by National Tenant

Retail

405m2 FLOOR|474m2 LAND

Sold - $1,320,000

  • 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

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