Cheap as Chips, 58-66 Nicholson Street (& Riverine Street),
Bairnsdale, VIC 3875
Shops & Retail • Showrooms & Large Format Retail • Development Sites & Land
Price information
Sold
Contact Agent
Key property information
Land area
Floor area
Property extent
Tenure type
Sold on
Map of Cheap as Chips, 58-66 Nicholson Street (& Riverine Street)
High Profile Freehold Investment – Securely Leased to Cheap as Chips
- 10 yr lease to Cheap as Chips
- 56 car spaces on-title
- Bairnsdale: 42,000+ trade catchment
+ 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 56 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: $244,828 pa + GST ($274,033 fully let basis)
For Sale by Investment Portfolio Auction
10:30AM (AEDT) Wednesday 31 March 2021
+ 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 56 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: $244,828 pa + GST ($274,033 fully let basis)
For Sale by Investment Portfolio Auction
10:30AM (AEDT) Wednesday 31 March 2021
Property ID: 503697406Last Updated: 27 Apr 2021
Cheap as Chips, 58-66 Nicholson Street (& Riverine Street)
Bairnsdale, VIC 3875
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
King and Heath First National - Bairnsdale125 Main Street
BAIRNSDALE, VIC 3875
BAIRNSDALE, VIC 3875
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
228-230 Main Street,Bairnsdale, VIC 3875 405 m²Shops & Retail • Showrooms & Large Format Retail • Offices
Contact Agent
EG Fuel, 322 Main Street,Bairnsdale, VIC 3875 1 m²Shops & Retail • Development Sites & Land • Showrooms & Large Format Retail
