Prime Position Landmark Ideal For Redevelopment or Repositioning | Heads of Agreement with Red Rooster

Description

Burgess Rawson and First National King & Heath Commercial are delighted to offer to the market 223-227 Main Street, Bairnsdale VIC for sale via Expressions of Interest closing Wednesday 21 August 2024.

The property has the following key highlights:

+ High exposure 1,921 sqm* Commercial 1 Zone landholding with dual access via Macleod Street.
+ Existing improvements include a combined lettable area of 908 sqm* and suits a multitude of alternative uses including retail, medical, hospitality and office (STCA).
+ Developer project friendly with existing buildings largely retained, not requiring a whole new build.
+ Heads of agreement with Red Rooster, details available on request.
+ Red Rooster: part of the Craveable Brands international network with 580 restaurants across Australia and employing over 13,000 people
+ Rare 3am liquor license existing on the premises, licensed for 384 patrons.
+ Project includes an additional office/retail section providing a further $100,000 pa* income stream.
+ Position perfect surrounded by Australia’s biggest names including Coles, Woolworths, ALDI, Dan Murphy, Chemist Warehouse, Harvey Norman, Autobarn, Supercheap Auto and many more.
+ Major QSR brands already represented nearby including McDonalds, KFC, Hungry Jacks and Subway.
+ Surrounded by important social infrastructure, including Bairnsdale Regional Health Services, Bairnsdale Train Station and 8 schools within 3km servicing over 3,500 full time students. (1)
+ Bairnsdale: the commercial centre for the East Gippsland region and gateway to the Gippsland Lakes, Snowy River National Park, and Mount Hotham Snow Fields with the population forecast to grow 22.5% by 2041. (2)
+ Projected Income: $250,000 pa* + GST

For Sale by Expressions of Interest
Closing 3pm AEST Wednesday 21 August 2024

To discuss the property further, please contact the Burgess Rawson or First National King & Heath Commercial agents below:

DAVID NAPOLEONE
0417 308 067
dnapoleone@burgessrawson.com.au

MATTHEW WRIGHT
0458 290 588
mwright@burgessrawson.com.au

MATT BAYLIS
0439 633 312
Matt.baylis@kingheath.com.au

* Approximately
(1) Gap Maps
(2) www.realestate.com.au

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Contact agents
David Napoleone Senior Sales Executive
0417 308 067
Matthew Wright Partner
0458 290 588
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Bairnsdale, VIC

223-227 Main Street

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 170

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