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Corner Surf Coast Highway & Beacons Boulevard Torquay, VIC 3228

Corner Surf Coast Highway & Beacons Boulevard,
Torquay, VIC 3228

Warehouse, Factory & Industrial • Shops & Retail

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Recently Constructed Bunnings Warehouse With New 12 Year Net Lease

CBRE Victorian Retail Investments in conjunction with Gross Waddell, are pleased to present for sale, via Public Tender, the opportunity to acquire Bunnings Torquay, a prime retail investment asset with a new 12 year lease to Bunnings Group Ltd.

* Recently constructed store of 6,740 sqm*, completed and opened in June 2012

* Brand new 12 year lease to Bunnings Group Ltd, subsidiary of Wesfarmers Ltd

* Significant depreciation tax benefits

* Substantial and highly exposed corner site of 19,310 sqm*

* Located in a rapidly expanding coastal region, 95 kilometres* south-west of Melbourne, and 22 kilometres* south of Geelong

* Net income of $730,000 pa* with favourable net lease structure and fixed annual increases of 3%


For further information, please contact the sales and marketing agents

*approx

Property ID: 500957699Last Updated: 3 Oct 2023

03 8621 33...
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Corner Surf Coast Highway & Beacons Boulevard
Torquay, VIC 3228
CBRE - Melbourne
Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000

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