FOR SALE
$499,000 + GST

93 Nicholson Street
Bairnsdale VIC 3875

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 98m2
Land area: 98m2
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Affordable Retail Investment offering 6% + Return

- Prime position retail freehold, located near the corner of the busy roundabout servicing Nicholson and Service Streets.
- Surrounded by leading retailers such as Telstra (next door), Harris Scarfe, Millers, and Noni B.
- Renewed lease to 20th June 2026 plus option to 2028 to Jasmine Chinese Massage who has occupied since 2015.
- Current rent $31,000 p.a. + GST + outgoings
- Commercial 1 zone (CZ1) – East Gippsland Planning Scheme

Property Details for 93 Nicholson St, Bairnsdale

Building Type
Commercial
Floor Size
98m2
Land Size
98m2

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About Bairnsdale 3875

The size of Bairnsdale is approximately 66.4 square kilometres. It has 15 parks covering nearly 9.2% of total area. The population of Bairnsdale in 2011 was 7,237 people. By 2016 the population was 7,581 showing a population growth of 4.8% in the area during that time. The predominant age group in Bairnsdale is 60-69 years. Households in Bairnsdale are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Bairnsdale work in a professional occupation. In 2011, 63.8% of the homes in Bairnsdale were owner-occupied compared with 60.8% in 2016.

Bairnsdale has 5,824 properties. Over the last 5 years, Houses in Bairnsdale have seen a 55.18% increase in median value, while Units have seen a 41.54% increase. As at 31 October 2024:

  • The median value for Houses in Bairnsdale is $441,387 while the median value for Units is $321,643.
  • Houses have a median rent of $440 while Units have a median rent of $360.
There are currently 82 properties listed for sale, and 23 properties listed for rent in Bairnsdale on OnTheHouse. According to CoreLogic's data, 218 properties were sold in the past 12 months in Bairnsdale.

Suburb Insights for Bairnsdale 3875

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Matt Baylis
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KING & HEATH FIRST NATIONAL - Bairnsdale
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.