115B Nicholson StreetBairnsdale VIC 3875
Property Details for 115b Nicholson St, Bairnsdale
Last Listing description (February 2026)
Positioned directly opposite Woolworths and Aldi in the heart of Bairnsdale's thriving retail precinct, this exceptional commercial property offers the perfect blend of high-profile exposure and strong investment returns.
Currently operating as the established Bairnsdale Wellness Centre, this professionally presented facility has built a reputation as a sought-after hub for health and wellness practitioners. The property generates a substantial income stream of $67,599.84 per annum plus GST through seven individual room leases, providing investors with excellent diversification and immediate returns from a fully tenanted asset.
Step inside and you'll discover a thoughtfully designed space where professionalism meets functionality. Each of the seven consulting rooms has been fitted out to a high standard, complete with air conditioning, quality cabinetry and individual sink facilities that cater perfectly to health and wellness professionals. The internal intercom system ensures seamless communication throughout the centre, while a shared kitchenette at the rear provides a convenient space for tenants. The entire environment exudes the kind of professional warmth that attracts quality practitioners and keeps them long-term.
Whether you're an investor seeking stable, diversified income from a turnkey operation, or an owner-occupier looking to establish or expand your own wellness or medical practice, this property presents a rare opportunity in a premium Bairnsdale location.
Property History for 115b Nicholson St, Bairnsdale, VIC 3875
- 09 Feb 2026Sold for $595,000
- 09 Jan 2026Listed for Sale $595,000 + GST (if applicable)
- 28 Nov 2013Sold for $374,000
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0About 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 2016 was 7580 people. By 2021 the population was 7905 showing a population growth of 4.3% 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 labourer occupation.In 2021, 62.90% of the homes in Bairnsdale were owner-occupied compared with 60.80% in 2016.
Bairnsdale has 6,017 properties. Over the last 5 years, Houses in Bairnsdale have seen a 43.20% increase in median value, while Units have seen a 40.92% increase. As at 31 January 2026:
- The median value for Houses in Bairnsdale is $454,059 while the median value for Units is $335,002.
- Houses have a median rent of $470 while Units have a median rent of $370.
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