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47 Nicholson Street, Bairnsdale VIC 3875

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47 Nicholson Street, Bairnsdale VIC 3875

47 Nicholson Street, Bairnsdale VIC 3875

Properties / Sold / Victoria / Bairnsdale
Development Potential

1. Property Summary

Property Type
Commercial, Industrial
Sub Type
Other
Land Area
0.67 hectares (*approx)
Selling Method
EOI: Closing Thursday 10 August 2023 at 4PM (AEST)
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2. Property Highlights

Unique Opportunity to Bolster a Thriving Retail Activity Centre
  • Significant ‘Value-add’ potential
  • Commercial 1 Zoning
  • 4,211*sqm floor plan on 6,668*sqm of land

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.

For Sale via Expressions of Interest closing Thursday 10 August 2023 at 4PM (AEST).

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

1. Property Summary

Property Type
Commercial, Industrial
Sub-type
Other
Land Area
0.67 hectares (*approx)
Selling method
EOI: Closing Thursday 10 August 2023 at 4PM (AEST)

2. Property Highlights

Unique Opportunity to Bolster a Thriving Retail Activity Centre
  • Significant ‘Value-add’ potential
  • Commercial 1 Zoning
  • 4,211*sqm floor plan on 6,668*sqm of land

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.

For Sale via Expressions of Interest closing Thursday 10 August 2023 at 4PM (AEST).

Remember to mention you found this property on DevelopmentReady

Read More

3. Supporting Information

The links below will open a new tab

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Development Potential
Michael Spektor
Michael Spektor
+61 *** *** *** show +61 418 662 415
Rick Silberman
Rick Silberman
+61 *** *** *** show +61 432 831 511
Stephen Bolton
Stephen Bolton
+61 *** *** *** show +61 419 323 997

Download Development Site Report
Michael Spektor
Michael Spektor
+61 *** *** *** show +61 418 662 415
Rick Silberman
Rick Silberman
+61 *** *** *** show +61 432 831 511
Stephen Bolton
Stephen Bolton
+61 *** *** *** show +61 419 323 997

4. Property Location

47 Nicholson Street, Bairnsdale VIC 3875

Property Map
Street View

5. Due Diligence

Site Report Available

Download your free DistrictData site summary. Make sure you are logged into DevelopmentReady to allow access

Report Contains

Site Report Available

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
Download Report
Download Report
47 Nicholson Street, Bairnsdale VIC 3875 Bairnsdale
National Retail Group
National Retail Group
6 Albert St, Preston VIC, 3072, Australia
Michael Spektor
Michael Spektor
+61 *** *** *** show +61 418 662 415
Savills - VIC
Savills - VIC
Level 29, South Tower, 80 Collins Street, Melbourne, VIC, 3000
View Agency Profile
Rick Silberman
Rick Silberman
+61 *** *** *** show +61 432 831 511
Stephen Bolton
Stephen Bolton
+61 *** *** *** show +61 419 323 997
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