46 Torquay Road,
Pialba, QLD 4655

Shops & Retail • Showrooms & Large Format Retail • Warehouse, Factory & Industrial

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Cushman & Wakefield - Brisbane

Level 11, 123 Eagle Street
BRISBANE CITY, QLD 4000

07 3852 22...

46 Torquay Road

Pialba, QLD 4655

07 3852 22...

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Premium Freestanding Officeworks - Strategic Retail Precinct

Officeworks Ltd - ASX listed subsidiary
Minimum 2.5% annual increases
Net Income $348,204 pa

Cushman & Wakefield is pleased to present to the market 46 Torquay Road, Hervey Bay for Sale via Offers to Purchase.

The property has the following key characteristics:

- Renewed 6 year lease to 2025 + options
- Officeworks Ltd - Wholly owned Subsidiary of ASX listed Wesfarmers Ltd with Revenues of $30.8 Billion
- Tenant experiencing significant sales growth of 27.8% for the first 5 months of 2020 - 167 stores nationally
- Purpose built for Officeworks in 2009 offering a modern 1,916 sqm building & 46 car parks
- Epicentre of key retail precinct near Woolworths, Coles, Bunnings, Big W, BWS, McDonald’s & Hungry Jack’s
- Torquay Road - Busy thoroughfare linking Hervey Bay’s Esplanade to Boat Harbour Drive
- Hervey Bay - World renowned tourist destination & commercial hub of Fraser Coast region, trade catchment 107,000+ & 4.3 million visitors annually
- Minimum 2.5% annual rent increases
- Net Income $348,204 pa + GST

For more information please contact the exclusive property professionals at Cushman & Wakefield.

Property ID: 503668434Last Updated: 4 Jan 2021

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Cushman & Wakefield - Brisbane

Level 11, 123 Eagle Street
BRISBANE CITY, QLD 4000