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161 Nicholson Street
Bairnsdale VIC 3875
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Sold on 7 Oct 2021

161 Nicholson Street Bairnsdale VIC 3875

  • Shop & Retail
  • 72 m²
  • Sold

Bairnsdale : Bloomsbury Cottage short-stay accommodation and car parking spaces

Phone enquiries - please quote property ID 19200.

Bloomsbury Cottage is a two-bedroom self-contained, fully furnished , air-conditioned, serviced cottage for short-stays and B&B type accommodation. It is within the CBD of Bairnsdale, within walking distance of the train station and all facilities. It is widely advertised on all main accommodation websites with an increasing turnover. The property will be sold with all furnishings and fittings including all manchester and accessories. Ideal investment.

At the rear of the property are 11 car-parking spaces. Two are reserved for Bloomsbury Cottage, the other 9 are leased annually with appropriate CPI increases, to a nearby business. Car-parking area is maintained by the lessee. Rates are paid by owner.

It could also be an Ideal Holiday Home. Bairnsdale is the gateway to the Lakes and Wilderness region and only 1 1/2 hours to the snow. With the car-parking lease paying for all outgoings and a little in your pocket where could you buy a holiday home which costs you nothing.

Rent it out to your friends when you are not using it and it could be quite lucrative.
With property in demand this property could be leased fully furnished - no work entailed, but with an income from the carparks which cover all services so your rental income is all yours!!
Or develop the car parking area - plenty of scope to develop.
No two-bedroom cottage could produce the returns that this property does!!
With Covid, this regional area is in demand.

Entire property returning 10.5% gross.

DISCLAIMER No Agent Business (www.noagentbusiness.com.au) is an Australian For Sale By Owner website operating since 1999. We proudly assist commercial property owners who are looking to sell or lease their own commercial property without paying any real estate commission. While every care has been taken to verify the accuracy of the details in this advertisement, the correctness cannot be guaranteed.

No Agent Property
No Agent Property
Level 2 UL40/1341 Dandenong Road
Chadstone, VIC 3148

Property Highlights

Date Sold7 Oct 2021
Floor Area72 m²
Land Area405 m²
Parking11 x Onsite parkings
Property ID2014101894
Category
Last updated  1 Oct 2021
Map for 161 Nicholson Street Bairnsdale VIC 3875

Nearest transport* to 161 Nicholson Street Bairnsdale VIC 3875

Bus
Train
Princes Hwy/McCulloch St (Bairnsdale)114 m
Bairnsdale Primary School/McCulloch St (Bairnsdale)135 m
Pearson St/McCulloch St (Bairnsdale)267 m
Bairnsdale Railway Station/MacLeod St (Bairnsdale)312 m
This data is © 2024 Department of Transport and Planning (VIC), licenced under CC BY 4.0.
*Within a 4km radius
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No Agent Property
No Agent Property
Level 2 UL40/1341 Dandenong Road
Chadstone, VIC 3148

Property Highlights

Date Sold7 Oct 2021
Floor Area72 m²
Land Area405 m²
Parking11 x Onsite parkings
Property ID2014101894
Category
Last updated  1 Oct 2021

Listed by

No Agent Property
Call
1300 850855

More about 161 Nicholson Street Bairnsdale VIC 3875

161 Nicholson Street Bairnsdale VIC 3875 is categorized as Shop & Retail Property. It has a floor area of 72 m² and a land area of 405 m². There are 11 x onsite parkings.The listing ID for this property is 2014101894.

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