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Dickens Real Estate Commercial - BRIGHT

Bendigo Bank , 104B Gavan Street Bright, VIC 3741

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Bendigo Bank , 104B Gavan Street,
Bright, VIC 3741

Shops & Retail • Offices • Medical & Consulting

Key property information

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Property extent

Tenure type

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Dickens Real Estate Commercial - BRIGHT
Gerard Gray

Dickens Real Estate Commercial - BRIGHT

20 Ireland Street
BRIGHT, VIC 3741
Dickens Real Estate Commercial - BRIGHT
Bendigo Bank , 104B Gavan Street
Bright, VIC 3741

Map of Bendigo Bank , 104B Gavan Street

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Renewed 5 Year Net Lease – Booming Tourism Destination

  • 5 year lease plus options
  • Tenant pays usual outgoings
  • Annual rent reviews
+Renewed Five (5) year lease to October 2026 plus options to 2041.
+Bendigo Bank: 324 community banks across AUS, with $272m* reinvested into local communities since 1998.
+Investor preferred net lease terms with tenant paying all usual outgoings.
+Annual rent reviews.
+Important regional community bank with expansive Alpine Shire trade catchment.
+Well presented 140sqm* branch updated to Bendigo Banks’ latest corporate standard.
+High profile Great Alpine Road site, directly opposite renowned Bright Brewery and Sun Bright Cinema.
+Potential 50% stamp duty savings.**
+Bright: booming year-round family tourist destination and gateway to Victorian Alps.
+Net Income: $40,200pa + GST.

For Sale by Investment Portfolio Auction
10:30am (AEDT) Wednesday 11 May 2022
Crown Casino - River Room

*Approx
**Potential

Bright, 3741 demographic data

The median household income for Bright is $1,352, 2% lower than Regional Victoria's household income of $1,386. Bright has an older age profile compared to the rest of Regional Victoria (median age 49 vs 43). Property ownership data shows 36% of property owners in Bright have a mortgage.

2,620
Population
$1,352 per week
Median household income
49 years
Median age
Owners
Most residents
Families
Most households
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