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DESCRIPTION:Hervey Bay Premium Freestanding Retail Investment Leased to Off
 iceworks\nColliers is pleased to present 46 Torquay Road\, Pialba - a prem
 ium freestanding retail investment securely leased to Officeworks Ltd\, a 
 wholly owned subsidiary of ASX-listed Wesfarmers Ltd.\n\nPurpose-built in 
 2009\, the property comprises a high-quality 1\,916m² retail facility* on
  a substantial 4\,137m² corner site*\, supported by 46 car parks* and dua
 l street access.\n\nThe investment is underpinned by a blue-chip national 
 tenant\, secure net income of $392\,699 p.a. plus GST* and guaranteed annu
 al rental growth of at least 2.5%.\n\nPositioned prominently on Torquay Ro
 ad within Pialba's established retail precinct\, the property benefits fro
 m strong exposure and accessibility\, surrounded by leading national retai
 lers including Woolworths\, Coles\, Bunnings\, Big W\, BWS\, McDonald's an
 d Hungry Jack's.\n\nInvestment Highlights\n- Leased to Officeworks Ltd\, a
  wholly owned subsidiary of ASX-listed Wesfarmers Ltd\n- 5-year WALE to 30
  June 2030\, plus 3 x 5-year options\n- Current net income of $392\,699 p.
 a.* + GST\n- Minimum contractual rental growth of 2.5% annually\n- Purpose
 -built 1\,916m²* retail facility\n- Substantial 4\,137m²* Principal Cent
 re zoned site\n- 46 on-site car parks*\n- Prominent 34.4 metre* frontage t
 o Torquay Road and 89.2 metres* to Taylor Street \n- Dual street access vi
 a Taylor Street and Hillyard Street\n- Established retail precinct surroun
 ded by leading national retailers \n\n46 Torquay Road presents an outstand
 ing opportunity for private investors\, syndicates\, family offices and in
 stitutional-style investors seeking a high-quality regional Queensland ret
 ail investment underpinned by a nationally recognised tenant covenant and 
 secure\, growing income.\n\nFor Sale by Offers to Purchase closing Friday 
 9 October at 4pm (AEST).\n\nFor further information or to arrange an inspe
 ction\, contact exclusive marketing agent Mark Wollin.\n\n*Approximately.
DTEND:20261009T160000
DTSTAMP:20260916T081916Z
DTSTART:20261009T160000
LOCATION:Colliers Sunshine Coast
SEQUENCE:0
SUMMARY:Expression Of Interest: 46 Torquay Road\, Pialba QLD
UID:CRE-2021160936-EOI
X-ALT-DESC;FMTTYPE=text/html:<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 3.2//EN"><html><head><t
 itle></title></head><body><P DIR=LTR>Hervey Bay Premium Freestanding Retai
 l Investment Leased to Officeworks <br/> Colliers is pleased to present 46
  Torquay Road\, Pialba - a premium freestanding retail investment securely
  leased to Officeworks Ltd\, a wholly owned subsidiary of ASX-listed Wesfa
 rmers Ltd. <br/>  <br/> Purpose-built in 2009\, the property comprises a h
 igh-quality 1\,916m² retail facility* on a substantial 4\,137m² corner s
 ite*\, supported by 46 car parks* and dual street access. <br/>  <br/> The
  investment is underpinned by a blue-chip national tenant\, secure net inc
 ome of $392\,699 p.a. plus GST* and guaranteed annual rental growth of at 
 least 2.5%. <br/>  <br/> Positioned prominently on Torquay Road within Pia
 lba's established retail precinct\, the property benefits from strong expo
 sure and accessibility\, surrounded by leading national retailers includin
 g Woolworths\, Coles\, Bunnings\, Big W\, BWS\, McDonald's and Hungry Jack
 's. <br/>  <br/> Investment Highlights <br/> - Leased to Officeworks Ltd\,
  a wholly owned subsidiary of ASX-listed Wesfarmers Ltd <br/> - 5-year WAL
 E to 30 June 2030\, plus 3 x 5-year options <br/> - Current net income of 
 $392\,699 p.a.* + GST <br/> - Minimum contractual rental growth of 2.5% an
 nually <br/> - Purpose-built 1\,916m²* retail facility <br/> - Substantia
 l 4\,137m²* Principal Centre zoned site <br/> - 46 on-site car parks* <br
 /> - Prominent 34.4 metre* frontage to Torquay Road and 89.2 metres* to Ta
 ylor Street  <br/> - Dual street access via Taylor Street and Hillyard Str
 eet <br/> - Established retail precinct surrounded by leading national ret
 ailers  <br/>  <br/> 46 Torquay Road presents an outstanding opportunity f
 or private investors\, syndicates\, family offices and institutional-style
  investors seeking a high-quality regional Queensland retail investment un
 derpinned by a nationally recognised tenant covenant and secure\, growing 
 income. <br/>  <br/> For Sale by Offers to Purchase closing Friday 9 Octob
 er at 4pm (AEST). <br/>  <br/> For further information or to arrange an in
 spection\, contact exclusive marketing agent Mark Wollin. <br/>  <br/> *Ap
 proximately.</P></body></html>
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