Burgess Rawson, together with Graham Chalmer, are pleased to offer to the market the BCF located at 82 MacArthur Street, Sale VIC for sale via Private Sale.
The property has the following investment highlights:
+ Long 7 year lease to Boating Camping Fishing (BCF) to 31 May 2029 plus options to 2039.
+ BCF: Australia's #1 boating, camping and fishing retailer with 150+ stores Australia-wide and wholly owned subsidiary of retail giant Super Retail Group (ASX:SUL).
+ Super Retail Group: one of Australia and New Zealand's largest retailers and ASX-listed top 200 company with a market cap of $3.6 billion, 9.7 million club members and 14,000+ staff globally. (1)
+ Dominant 1,108sqm* corner freehold with large 22 metre* frontage to MacArthur Street, abundant on-street car parking and flexible Commercial 1 Zoning.
+ Well-maintained Large Format Retail premises of 1,320sqm* incorporating expansive dual-level showroom, staff rooms and rear loading bay.
+ High -exposed site, only 70 metres from the MacArthur Street and Princes Highway intersection with 15,400 vehicles passing daily. (2)
+ Longstanding, successful and proven outdoor retail outlet since construction in 2003 (trading as Tackleword). Acquired by Super Retail Group and rebadged to BCF in 2022.
+ Strategic CBD location neighbouring Super Retail Group's sister store Supercheap Auto (in occupation since 2003) and within Sale's bustling commercial precinct complemented and supported by Burson's, Ritchie's IGA, ALDI, Coles, Harvey Norman, McDonalds and more.
+ Sale VIC: commercial and administrative hub for the Bass Strait gas and oil fields, home to the RAAF officer training base and the Port of Sale, connecting Sale to the Gippsland Lakes, Australia's largest inland waterway for boating, camping and fishing, stretching over 400 sqkm.
+ Wellington Shire: thriving tourism destination, attracting over 1.1 million domestic overnight visitors which has seen a 25.1% increase in visitation (FY22- 23) and booming economic output of over $8 billion in FY23-24. (3)
+ Potential 50% stamp duty savings.
+ Net Income: $221,731 pa* + GST
To be sold by Private Sale.
* Approx
(1) Super Retail Group
(2) GapMaps
(3) Forecast.id
For further information or to discuss any aspect of this investment, please contact the team below:
Burgess Rawson:
Romanor Falconer | 0413 830 808
rfalconer@burgessrawson.com.au
Shaun Venables | 0411 860 865
svenables@burgessrawson.com.au
Graham Chalmer:
Chris Morrison | 0419 381 832
chrism@chalmer.com.au
