National Retail Group together with Savills are excited to offer for sale this highly prized retail asset in the heart of Bairnsdale’s activity centre, offered for the first time in 35 years.
Investments highlights:
– Former supermarket space with significant ‘Value-add’ potential
– Commercial 1 Zoning allowing for a wide range of uses/options
– Dynamic 4,211 sqm * floorplan with parking for 87 vehicles on-title *
– Located in the retail heart of Bairnsdale
– Enormous scope to redevelop, repurpose or reposition
– Surrounded by major retailers Coles, Woolworths, ALDI, Bunnings, and more
– Potential net income of $630,000 pa *
– Concept plans available for redesign and splitting tenancy into smaller stores
– An integral part of Bairnsdale’s Activity Centre primed for reinvigoration
*approx.
TENANCY | AREA (SQM) | AVAILABILITY |
---|---|---|
Whole Property | 4,211m² (Generational Opportunity to Redevelop / Reposition) | Leased |
47-63 Nicholson Street Bairnsdale VIC 3875
• Shop & Retail
• 4,211 m²
Unique Opportunity to Bolster a Thriving Retail Activity Centre
• Significant ‘Value-add’ potential
• Commercial 1 Zoning
• 4,211 sqm* floorplan