<p>Located approximately 197 kilometres east of Melbourne via the Princes Highway, <strong>Sale is the commercial and administrative center for eastern Victoria's Gippsland region</strong>. With an immediate resident population of 15,302 and a trade catchment estimated at 42,000+, Sale serves as a vital regional hub.</p> <p>The city has established itself as the <strong>principal transfer base for offshore oil and gas operations in the Bass Strait</strong>, with production expected to continue for at least 25 more years. The region's economic sustainability is further bolstered by the <strong>RAAF Base East Sale</strong>, the main postgraduate flight training base of the Royal Australian Air Force with over 800 permanent staff and students.</p> <p>Sale sits within the prosperous Wellington Shire, where 4,040 businesses support 18,111 local jobs. The region has experienced remarkable economic growth, with Gross Regional Product surging by <strong>63.73% in the last five years</strong> to $3.095 billion. Population growth is robust, with forecasts indicating an increase to 53,033 residents by 2046.</p> <p>The surrounding Gippsland region is an established tourism destination, attracting over 6.71 million visitors annually, contributing significantly to the local economy. Major infrastructure investments include the $513 million Princes Highway East Upgrade, which has added 43 kilometres of dual lanes between Traralgon and Sale.</p>

<p><strong>BCF (Boating Camping Fishing)</strong> is Australia's #1 retailer in the outdoor recreation sector, with over 150 locations across Australia and New Zealand. The business operates as a wholly-owned subsidiary of Super Retail Group (ASX:SUL), one of Australia and New Zealand's largest retailers.</p> <p>The Sale store has been operating as BCF since 2022, when Super Retail Group rebranded the location which had previously traded as Tackleworld since construction in 2003. The store offers a comprehensive range of products covering:</p> <ul> <li>Boating equipment and accessories</li> <li>Camping gear and supplies</li> <li>Fishing tackle and equipment</li> <li>Watersports accessories</li> <li>4WD accessories</li> <li>Outdoor clothing and footwear</li> </ul> <p>Parent company <strong>Super Retail Group</strong> is celebrating its 50th anniversary and now boasts an active club member base of 9.7 million people supported by 14,000+ team members globally. The group operates four iconic Australian retail brands: Supercheap Auto, Rebel Sport, BCF and MacPac.</p> <p>Super Retail Group demonstrates strong financial performance with $3.21 billion market capitalization, $3.8 billion in revenue (FY2022-23), and $274 million net profit after tax. The company maintains an impressive EBITDA cash conversion of 94% and has plans for continued expansion with 24 new stores opened nationally in FY24.</p>

<p>The property offers compelling financial metrics for investors seeking secure income with growth potential:</p> <p><strong>Current Net Rental: $221,731 per annum + GST</strong></p> <p>The lease commenced on 1 June 2022 with a starting rental of $220,000 pa + GST, which has increased to $228,888 pa + GST under the annual CPI review structure. Rent reviews are based on CPI with a cap of 2% and collar of 3%, providing protection against both low inflation and excessive increases.</p> <p>The tenant covers all normal outgoings including:</p> <ul> <li>Council rates</li> <li>Water rates</li> <li>Public liability insurance</li> <li>Statutory registration fees</li> <li>Stamp duties and usage charges</li> </ul> <p>Non-recoverable outgoings are minimal, consisting of:</p> <ul> <li>Single holding land tax: $1,770</li> <li>Building insurance: $5,365.48</li> </ul> <p>The lease structure provides <strong>secure income until 31 May 2029</strong>, with two further 5-year options extending potential tenancy to 2039, offering exceptional income security backed by one of Australia's strongest retail groups.</p>

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