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Corner Surf Coast Highway & Beacons Boulevard
Torquay VIC 3228
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Sold on 15 Jan 2014

Corner Surf Coast Highway & Beacons Boulevard Torquay VIC 3228

  • Factory, Warehouse & Industrial
  • 6,740 m²
  • Sold

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

    CBRE
    CBRE
    Level 34, 8 Exhibition Street
    Melbourne, VIC 3000

    Property Highlights

    Date Sold15 Jan 2014
    Floor Area6,740 m²
    Land Area1.93 ha
    ParkingOn site parking available
    Property ID2016610317
    Category
     Factory, Warehouse & Industrial
     Shop & Retail
    Last updated  3 Oct 2023
    Map for Corner Surf Coast Highway & Beacons Boulevard Torquay VIC 3228
    CBRE
    CBRE
    Level 34, 8 Exhibition Street
    Melbourne, VIC 3000

    Property Highlights

    Date Sold15 Jan 2014
    Floor Area6,740 m²
    Land Area1.93 ha
    ParkingOn site parking available
    Property ID2016610317
    Category
     Factory, Warehouse & Industrial
     Shop & Retail
    Last updated  3 Oct 2023

    Listed by

    CBRE
    Call
    03 86213333

    Enquire about this property

      Contact information

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              More about Corner Surf Coast Highway & Beacons Boulevard Torquay VIC 3228

              Corner Surf Coast Highway & Beacons Boulevard Torquay VIC 3228 is categorized as Factory, Warehouse & Industrial Property. It has a floor area of 6,740 m² and a land area of 1.93 ha. The listing ID for this property is 2016610317.

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