First National King & Heath Commercial are delighted to be offering to the market, 139-141 Main Street, Bairnsdale VIC 3875.
139-141 Main Street, is an outstanding investment opportunity that is a fantastic parcel of real estate that is offering a great return to an investor.
For further information, please do not hesitate to contact our team at First National King & Heath Commercial.
| Property Address |
139-141 Main Street, Bairnsdale VIC 3875 |
| Title Particulars |
Lot 1 TP824321W Parent Title Volume 8034 Folio 761 |
| Land Area | 690 sqm approximately |
| Building Size |
950 sqm approximately |
| Zoning | Commercial 1 Zone (CZ1) - East Gippsland Planning Scheme |
| Property | 139-141 Main Street, Bairnsdale VIC 3875 |
| Lessee | Bairnsdale Optical Pty Ltd |
| Permitted Use | Retail - Optometry Consultancy |
| Lease Commencement Date | 1st September 2023 |
| Lease Expiry Date | 31st August 2028 |
| Further Terms of Lease | Two (2) further terms of five (5) years each |
| Outgoings | 100% payable by the Lessee except from land Tax |
| Rent | $67,178.43 per annum plus GST |
| Rental Reviews | CPI Annually. Market Rent Review at the commencement of each further term of lease |
| Security Bond | $5,940.00 |
| Lettable Area | 370sqm approximately |
| Property | 44A Bailey Street, Bairnsdale VIC 3875 (Ground Floor) |
| Lessee | Doyle & Shields |
| Permitted Use | Retail - Storage and display of motorcycles and accessories |
| Lease Commencement Date | 1st May 2024 |
| Lease Expiry Date | 30th April 2027 |
| Further Terms of Lease | Two (2) further terms of three (3) years each |
| Outgoings | 100% payable by the Lessee except from Land Tax |
| Rent | $13,636.36 per annum plus GST |
| Rental Reviews | CPI Annually. Market Rent Review at the commencement of each further term of lease |
| Security Bond | $1,136.36 + GST |
| Lettable Area | 290sqm approximately |
| Property | 44B Bailey Street, Bairnsdale VIC 3875 (1st Floor) |
| Lessee | Kelly-Marie Asmus-Albornoz |
| Permitted Use | Retail - Photographic and design studio |
| Lease Commencement Date | 1st February 2024 |
| Lease Expiry Date | 30th January 2025 |
| Further Terms of Lease | Two (2) further terms of one (1) year each |
| Outgoings | 100% payable by the Lessee except for Land Tax |
| Rent | $9,500 per annum plus GST |
| Rental Reviews | CPI Annually |
| Security Bond | $870.84 + GST |
| Lettable Area | 290sqm approx |
The gateway to the natural beauties of East Gippsland, Bairnsdale is set on the banks of the Mitchell River, 285 kilometres east of Melbourne. A thriving provincial centre, and once home to steam boats and traders who arrived in the area in the 1850s, Bairnsdale is now the commercial and administrative hub of the East Gippsland Shire offering history, the arts, culture and retail.
The town’s rich heritage can be found throughout the town, including the rotunda in the centre of town, the spectacular murals and architecture of St Mary’s Church and Bairnsdale Court House, which are noted for their 19th century architecture. Close to lakes, rivers, mountains and forests, Bairnsdale is a destination for year-round enjoyment. Base yourself here to enjoy an excellent range of accommodation and dining and plan day trips, tours or longer stays.
East Gippsland is a local government area located in the eastern part of Victoria. It covers an area of 20,931 square kilometres and in 2018, has a population of 46,818. It includes the towns of Bairnsdale, Benambra, Bruthen, Buchan, Ensay, Lakes Entrance, Mallacoota, Metung, Omeo, Orbost, Paynesville, and many more.
East Gippsland is best known as a tourist destination as it is located on the iconic Gippsland Lakes. The lakes system is considered the largest lake system in Australia. Other significant towns include Lakes Entrance, Metung, Orbost, Paynesville and Mallacoota, the half-way point between Melbourne and Sydney. To the north are Omeo and other townships of the Great Alpine Road.
Additional important information that might interest you...
Method of Sale
For Sale by Expressions of interest
Inspections
There will be an opportunity throughout the campaign to inspect the property via a private inspection. Please contact the exclusive selling agent to organise your inspection. Please note that inspections must be conducted during business hours.
Specialising in Commercial Property Sales, Leasing & Management First National Commercial King and Heath are proud of our longstanding reputation of initiative and integrity. Established in Bairnsdale in 1923 and now operating throughout East Gippsland, conveniently located to attend to your property needs.
First National Commercial King and Heath have a dedicated and well trained Commercial property team that handle the sales, leasing and management of commercial property within the East Gippsland catchment.
The team at First National Commercial King and Heath pride themselves on providing all clients with exceptional customer service and the right advice for all your property needs.
Every member of the team are continually striving to improve the level of service for our clients by attending and completing ongoing training in all matters relating to commercial property.
Our professional team is dedicated to providing personal service of the highest integrity and proud of the fact that a very large percentage of business is due to repeat and referral business.
The information contained in the report/information memorandum has been prepared in good faith and due care by the Vendor and first National King & Heath Commercial. Any projections contained in the report therefore, represent best estimates only and may be based on assumptions.
The information contained herein is supplied without any representation as to its truth or accuracy. All interested parties should make their own enquires to satisfy themselves in all aspects and obtain their own independent advice in order to verify any of the information. All stated dimensions and areas are approximate.
The vendor does not represent or warrant the accuracy of any information contained in this document. Subject to any statutory limitation on its ability to do so, the vendor disclaims all liability under any cause of action, including negligence, for any loss arising from reliance on this document.
Specifically, we make the following disclosures:
• All areas, measurements, boundaries, car space numbers, rents are approximate only and subject to final confirmation
Intellectual Property:
The information contained in the report has been prepared by First National King & Heath Commercial. The contents of this document are proprietary to First National King & Heath Commercial this includes: research including transactional data and reproduction of this information by any other part is not authorised. All other information contained herein is from noted sources deemed reliable, however First National King & Heath Commercial does not represent or warrant the accuracy of any information contained in this document.
GST Disclaimer:
First National King & Heath Commercial advises that the financial information in this report relating to income, outgoings and the like is provided without reference to the possible impact of GST, if any. Purchasers should make their own assessment of the impact of GST on the investments and the returns derived there from after obtaining expert professional advice.
