301-303 Main StreetBairnsdale VIC 3875
Property Details for 301-303 Main St, Bairnsdale
Last Listing description (June 2023)
JLL Retail Investments is privileged to present the rare opportunity to purchase KFC Bairnsdale, a freehold investment leased to one of Australia's leading fast-food brands.
KFC Bairnsdale is located on a premium CBD landholding on Main Street within Bairnsdale, a thriving city within East Gippsland.
Secure 7-Year Lease expiring November 2028 with options to 2058
Attractive net lease structure with fixed annual rental increases
Significant 3,161sqm corner landholding with massive 38m* frontage to Main Street
Longstanding KFC business servicing the wider East Gippsland Region
Consists of a 295sqm* restaurant with internal and external dining areas and drive-thru
Convenient on-site parking for 14 vehicles
Current Passing Income of $161,000*p.a. + GST
Campaign Closed - Bids Under Review
To obtain further information or to arrange an inspection, please contact the exclusive selling agents.
Jarrod Herscu | 0418 155 062
Tom Noonan | 0402 319 698
MingXuan Li | 0498 688 998
Property History for 301-303 Main St, Bairnsdale, VIC 3875
- 06 Jun 2023Sold for $3,800,000
- 27 Apr 2023Listed for Sale Contact Agent
- 06 Mar 2009Transferred
Recent sales nearby
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0About Bairnsdale 3875
The size of Bairnsdale is approximately 66.4 square kilometres. There are 15 parks, covering nearly 9.2% of the total area. The population of Bairnsdale in 2016 was 7580 people. By 2021 the population was 7905 showing a population growth of 4.3% in the area during that time. The predominant age group in Bairnsdale is 60-69 years. Households in Bairnsdale are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Bairnsdale work in a labourer occupation.In 2021, 62.90% of the homes in Bairnsdale were owner-occupied compared with 60.80% in 2016.
Bairnsdale has 6,024 properties. Over the last 5 years, Houses in Bairnsdale have seen a 44.55% increase in median value, while Units have seen a 37.87% increase. As at 31 July 2026:
- The median value for Houses in Bairnsdale is $527,913 while the median value for Units is $384,391.
- Houses have a median rent of $480 while Units have a median rent of $380.
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