306 Main Street, Bairnsdale

367m² Land
462m² Floor Area
Price Undisclosed
Sold on 1st December 2023
Property Type: Offices

Attractive Yield - Exceptional Main Street Investment

- 2 level office freehold
- 3-year leaseback plus options
- Main Street (Princes Highway) frontage

Offered for sale is this first-class office freehold investment with exceptional leaseback terms and conditions.

Situated in Bairnsdale's CBD and on the popular northern side of Main Street, this investment offering, will impress. Comprising professionally fitted out office with a well laid out floorplan over 2 levels consisting of 15 offices, reception/waiting area, 2 interview rooms, boardroom, staff kitchen/lunchroom and plenty of amenities.

The key features include:
- Total building area of 462sqm of which 318sqm is downstairs and 144sqm upstairs*
- Land area of 367sqm* with rear access
- Leaseback to the leading support services organisation, Quantum Support Services Inc
- Commencing rental of $93,000 per annum
- Outgoings payable by the Lessee
- 3-year term of lease plus 2 further terms of 3 years each
- Annual CPI rent reviews. Market at the commencement of each further term of lease

Rarely does a regional investment opportunity like this arise. Please contact the King & Heath Commercial property team to find out more.

*approximate only


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