<p>Located approximately 197 kilometres east of Melbourne via the Princes Highway, <strong>Sale is the commercial and administrative centre of the Gippsland and Wellington Shire regions</strong>. With an immediate resident population of 15,302 and a trade catchment estimated at 42,000+, Sale enjoys robust economic fundamentals.</p> <p>The city serves as the <strong>principal transfer base for offshore oil and gas operations in the Bass Strait</strong>, with oil production expected to continue for at least another 25 years and gas reserves projected to last 35-40 years. Sale is also home to the <strong>RAAF East Sale Base</strong>, the main postgraduate flight training facility for the Royal Australian Air Force, housing over 800 permanent staff and students.</p> <p>The Wellington Shire has experienced <strong>impressive economic growth with Gross Regional Product surging 63.73% in the last five years</strong> to $3.995 billion. The region supports 4,040 businesses providing 18,111 local jobs, while the population is forecast to grow by 14.31% to 53,033 by 2046.</p> <p>The area has seen significant infrastructure investment, including the <strong>$513 million Princes Highway East Upgrade</strong> which adds 43 kilometres of new dual lanes. The Gippsland region is also an established tourism destination, attracting over 1.1 million domestic overnight visitors annually.</p>

<p><strong>BCF (Boating Camping Fishing)</strong> is Australia's #1 outdoor leisure retailer with over 150 stores across Australia and New Zealand. The business offers a comprehensive range of products covering boating, camping, fishing, watersports, 4WDs, caravans, clothing and footwear.</p> <p>The store at 82 MacArthur Street has operated as an outdoor retail outlet since construction in 2003 (initially trading as Tackleworld), before being <strong>acquired by Super Retail Group and rebranded as BCF in 2022</strong>.</p> <p><strong>Super Retail Group (ASX:SUL)</strong> is one of Australia and New Zealand's largest retailers and owns four iconic national brands: Supercheap Auto, Rebel, BCF and MacPac. The group currently services 9.7 million active club members, supported by 14,000+ team members globally.</p> <p>Super Retail Group has demonstrated strong financial performance with:</p> <ul> <li>EBITDA cash conversion of 94%</li> <li>Opened 24 new stores nationally in FY24</li> <li>$3.8 billion in revenue (FY2022-23)</li> <li>$274 million net profit after tax</li> <li>$3.21 billion market capitalization</li> </ul>

<p>The property at 82 MacArthur Street delivers <strong>strong, secure income backed by an ASX-listed tenant</strong>. Current financial details include:</p> <ul> <li>Current Net Rental: <strong>$221,731 pa + GST</strong></li> <li>Lease Term: 7 years (commenced 1 June 2022)</li> <li>Expiry: 31 May 2029 with two further 5-year options to 2039</li> <li>Rent Reviews: CPI (capped at 2%, collared at 3%)</li> <li>Outgoings: Tenant pays council rates, water rates, public liability insurance, statutory registration fees, stamp duties and usage charges</li> <li>Non-Recoverable Outgoings: Single holding land tax $1,770 and Building insurance $5,365.48</li> </ul> <p>The property is fully leased to SRG Leisure Retail Pty Ltd trading as BCF, a wholly-owned subsidiary of Super Retail Group (ASX:SUL), which boasts a market capitalization of $3.6 billion, annual revenue of $3.8 billion, and net profit after tax of $274 million.</p>

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