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134 Main Street Bacchus Marsh, VIC 3340

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134 Main Street,
Bacchus Marsh, VIC 3340

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BLUE CHIP RETAIL INVESTMENT

First National Rayner Commercial are proud to offer for sale this outstanding freehold building (Businesses not for sale).

Blue chip retail property in the heart of Bacchus Marsh’s retail area. Long term tenancies in place and recently renewed.

• Freehold Only
• Zoned Commercial 1
• 2 Secure leases in place with 3+3+3 year terms
• $123,000pa Gross Rental Income with 4% Increases Annually
• Tenant Pays All Outgoings
• Excellent Rear Access via Gell Street public car park
• Lease commenced 1 April 2024
• Total Building Area 710m2 (Approx)

With Bacchus Marsh expected growth for currently 27000 residents (approx.) to 47000 residents (approx.) by 2041 (source Moorabool Shire Website) this would be an ideal addition to a property portfolio.

Bacchus Marsh, 3340 demographic data

The median household income for Bacchus Marsh is $1,508, 21% lower than Greater Melbourne's household income of $1,901. Bacchus Marsh has an older age profile compared to the rest of Greater Melbourne (median age 39 vs 37). Property ownership data shows 51% of property owners in Bacchus Marsh have a mortgage.

7,808
Population
$1,508 per week
Median household income
39 years
Median age
Owners
Most residents
Families
Most households
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134 Main Street
Bacchus Marsh, VIC 3340