102 Main StreetRutherglen VIC 3685
Property Details for 102 Main St, Rutherglen
Last Listing description (August 2026)
Formally known as the old Commonwealth Bank Building on the corner of High and Main Streets in the vibrant North East wine region town of Rutherglen.
The current tenancy is a long standing tenant on a periodic basis and happy to secure a long term lease should the incoming investor wish.
This commercial property boasts a large open retail area, one (1) private office, strong room (bank vault), male and female amenities, lunch/staff room, rear lock-up courtyard and 3-4 car accommodation.
Extra income stream via an annual lease to ATM company NEXT.
Annual rental income: $16,800 per annum + outgoings
Other income: $3,000 per annum
Property History for 102 Main St, Rutherglen, VIC 3685
- 18 May 2026Listed for Sale Not Disclosed
- 17 Apr 2026Sold for $528,000
- 08 Sep 2025Listed for Sale Not Disclosed
Recent sales nearby
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About Rutherglen 3685
The size of Rutherglen is approximately 125.4 square kilometres. There are 8 parks, covering nearly 1.0% of the total area. The population of Rutherglen in 2016 was 2378 people. By 2021 the population was 2579 showing a population growth of 8.4% in the area during that time. The predominant age group in Rutherglen is 60-69 years. Households in Rutherglen are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Rutherglen work in a labourer occupation.In 2021, 77.00% of the homes in Rutherglen were owner-occupied compared with 73.60% in 2016.
Rutherglen has 1,712 properties. Over the last 5 years, Houses in Rutherglen have seen a 48.49% increase in median value, while Units have seen a 25.52% increase. As at 31 July 2026:
- The median value for Houses in Rutherglen is $554,499 while the median value for Units is $328,548.
- Houses have a median rent of $540 while Units have a median rent of $220.
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