58-66 Nicholson Street, Bairnsdale

Property Highlights
10 yr lease to Cheap as Chips
56 car spaces on-title
Bairnsdale: 42,000+ trade catchment
Description:
- Secure 10-year lease to Cheap as Chips until September 2027 + 10-year option to September 2037
- Cheap as Chips: Est 1985, Growing discount retailer with 42 stores nationally
- Prominent 2,054sqm building with 3 specialty tenancies including Flight Centre and gourmet Butcher
- 81% of income secured by Cheap as Chips
- Annual rent reviews
- Significant 3,655sqm landholding with 93 car spaces on-title and direct access from Riverine St
- Prime CBD position nearby Woolworths, Coles, ALDI & Australia Post
- Bairnsdale: Major commercial centre servicing East Gippsland region with 42,000+ trade catchment
- Rent: $258,716 pa + GST ($280,000 fully let basis)