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47-63 Nicholson Street
Bairnsdale VIC 3875
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Sold on 26 Sep 2023

47-63 Nicholson Street Bairnsdale VIC 3875

  • Shop & Retail
  • 4,211 m²
  • Sold

Unique Opportunity to Bolster a Thriving Retail Activity Centre

  • Significant ‘Value-add’ potential
  • Commercial 1 Zoning
  • 4,211 sq m* floorplan

Savills together with National Retail Group 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 sq m * 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.

For Sale via Private Sale, please contact agents for more information.

Property Highlights

Date Sold26 Sep 2023
Floor Area4,211 m²
Land Area6,668 m²
Parking87 x Onsite parkings
Building TypeWhole building
Property ID2018637677
Category
Last updated  26 Sep 2023
Map for 47-63 Nicholson Street Bairnsdale VIC 3875

Property Highlights

Date Sold26 Sep 2023
Floor Area4,211 m²
Land Area6,668 m²
Parking87 x Onsite parkings
Building TypeWhole building
Property ID2018637677
Category
Last updated  26 Sep 2023

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