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1-9 Torrens Street
Victor Harbor SA 5211
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Sold on 13 May 2022

1-9 Torrens Street Victor Harbor SA 5211

  • Shop & Retail
  • 2,420 m²
  • Sold

Prized Fully Leased Shopping Centre

    +Trophy shopping centre asset with 7.67* year WALE.
    +Anchored by South Australian supermarket chain Drakes: Established 1974 with 60 stores across SA 7 QLD.
    +Modern supermarket plus 4 shops including Godfreys, ECH Independent Aged Care, dental surgery and hair salon plus additional leased first floor residential apartment with ocean views.
    +Stamp duty free investment.
    +Prime 6,461sqm* corner landholding with combined 170 metre frontage and exposure.
    +106 sealed and lined car spaces on-title.
    +Strategically located directly opposite McDonalds, close to Victor Central Shopping Centre anchored by Woolworths, Big W and Kmart.
    +51 metres* of exposure to Torrens Street, a major arterial road with 15,600 vehicles daily.**
    +Surrounded by important social infrastructure, including 4 schools and tertiary education facilities in a 3km radius servicing 2,582 full time students.**
    +City Council of Victor Harbor: Fast growing coastal region, with residential population forecast to grow 32.73% by 2031.***
    +Seasonal tourist population surges, attracting 1.2 million annual visitors who inject $163 million into the local economy each year.****
    +Net income $398,100 pa + GST (June 2022)

    For Sale by Investment Portfolio Auction
    10:30am (AEDT) Wednesday 11 May 2022
    Crown Casino - River Room

    *approx
    ** Gapmaps
    *** Victor Harbor Economic Profile Summary Report
    ****Victor.sa.gov.au

    *All areas and figuresapproxonly. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents.

    Burgess Rawson Agents
    Shaun Venables 0411 860 865
    RLA 293473
    Adam Thomas 0418 998 971
    RLA 293472
    Beau Coulter 0413 839 898
    RLA315777

    Knight Frank (RLA 199257)
    Oliver Totani 0412 808 743
    Jack Dyson 0448 685 593

    AUCTION

    Auction date and time11/05/2022 10:30
    Auction locationCrown Casino - River Room - Melbourne

    Property Highlights

    Date Sold13 May 2022
    Floor Area2,420 m²
    Land Area6,462 m²
    ParkingAsk Agent
    Property ID2017732288
    Category
    Last updated  13 May 2022
    Map for 1-9 Torrens Street Victor Harbor SA 5211

    Property Highlights

    Date Sold13 May 2022
    Floor Area2,420 m²
    Land Area6,462 m²
    ParkingAsk Agent
    Property ID2017732288
    Category
    Last updated  13 May 2022

    Co-Agents

    Shaun Venables
    Shaun Venables
    Burgess Rawson VIC Pty Ltd
    Call
    0411 860 865
    Adam Thomas
    Burgess Rawson VIC Pty Ltd
    Call
    0418 998 971

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