Commonwealth Bank Retail, 127-131 Main Street,
Bairnsdale, VIC 3875

Shops & Retail • Showrooms & Large Format Retail • Development Sites & Land

Key property information

Land area

Floor area

Property extent

Tenure type

Sold on

Map of Commonwealth Bank Retail, 127-131 Main Street

Directions

Secure CBA Retail Investment / Fixed 3.5% increases

Brand new 7 year lease
Substantial CBD site
Surrounded by national retailers

Brand new 7 year lease to 2024 plus 5 year option to 2029 - recent relocation
Commonwealth Bank: Largest listed company on the Australian Securities Exchange with a market cap rate of $145 billion (July 2017)
CBA pay all usual outgoings as per lease
Includes Sushi Bar with new 5 year lease to 2022 plus option to 2027
Substantial 439 sqm CBD site with 12 metre retail frontage
As new capital intensive retail fit-outs - latest CBA corporate design
Absolute prime retail location, amongst complimentary retailers including NAB, Westpac, ANZ, Woolworths and Coles supermarket
Bairnsdale: gateway to the world famous Gippsland Lakes, 42,000+ trade catchment plus huge seasonal influx
Rent: $80,000 pa

Auction 11am AEST Wednesday 9 August 2017
River Room, Crown Casino, Melbourne

Bairnsdale, 3875 demographic data

The median household income for Bairnsdale is $1,101, 21% lower than Regional Victoria's household income of $1,386. Bairnsdale has an older age profile compared to the rest of Regional Victoria (median age 44 vs 43). Property ownership data shows 41% of property owners in Bairnsdale have a mortgage.

7,905

Population

$1,101 per week

Median household income

44 years

Median age

Owners

Most residents

Families

Most households