59 Main Street, Bairnsdale, VIC 3875 | Property Value & History | OnTheHouse
OFF MARKET

59 Main Street
Bairnsdale VIC 3875

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1435m2
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Property Details for 59 Main St, Bairnsdale

Building Type
Commercial
Land Size
1435m2
Local Government
East Gippsland
Lot/Plan
1/PS307147

Last Listing description (March 2021)

CBRE Hotels are pleased to offer this entry level gaming venue for sale with rooms, land and upside.

Investment Highlights:

- Established hotel in the same family for over 30 years, run entirely under management
- 12 accommodation rooms (all with ensuites) with separate entry and undercover carparking
- 16 gaming machines and entitlements, TAB and Sportsbar
- Bistro in the front and large function room at rear, high capacity commercial kitchen in the middle of the hotel
- Drive through bottle shop (currently branded as Bottlemart)
- Includes the adjoining service station with VP and drive through coffee shop
(tenanted)
- Combined Land area of 3,000sqm* and zoned Commercial 1
- Hotel building area of 1,750sqm* over two levels
- Multiple avenues to refurbish, renovate and develop (stca)
- Revenue over $3,000,000* with ability to easily increase turnover and margins

Property History for 59 Main St, Bairnsdale, VIC 3875

A timeline of how this property has performed in the market
Last Sold
$1,000,000
23 May 2019
  • 23 May 2019
    Sold for $1,000,000
  • 13 Jul 2018
    Listed for Sale FHGC $4,400,000
  • 11 Jul 2009
    Listed for Sale EXPRESSION OF INTEREST
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About Bairnsdale 3875

The size of Bairnsdale is approximately 66.4 square kilometres. It has 15 parks covering nearly 9.2% of 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 6,018 properties. Over the last 5 years, Houses in Bairnsdale have seen a 50.90% increase in median value, while Units have seen a 51.80% increase. As at 31 December 2025:

  • The median value for Houses in Bairnsdale is $465,933 while the median value for Units is $361,566.
  • Houses have a median rent of $470 while Units have a median rent of $370.
There are currently 98 properties listed for sale, and 32 properties listed for rent in Bairnsdale on OnTheHouse. According to Cotality's data, 322 properties were sold in the past 12 months in Bairnsdale.

Suburb Insights for Bairnsdale 3875

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.