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46 Torquay Road
Pialba QLD 4655
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Sold on 13 Nov 2020

46 Torquay Road Pialba QLD 4655

  • Shop & Retail
  • 1,916 m²
  • Sold

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, McDonalds & Hungry Jacks
- Torquay Road - Busy thoroughfare linking Hervey Bays 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.

Cushman & Wakefield Brisbane
Cushman & Wakefield Brisbane
Level 27, 123 Eagle St
Brisbane City, QLD 4000

Property Highlights

Date Sold13 Nov 2020
Floor Area1,916 m²
Land Area4,137 m²
Parking46 x Onsite parkings
Property ID2016534251
Category
Last updated  16 Nov 2020
Map for 46 Torquay Road Pialba QLD 4655
Cushman & Wakefield Brisbane
Cushman & Wakefield Brisbane
Level 27, 123 Eagle St
Brisbane City, QLD 4000

Property Highlights

Date Sold13 Nov 2020
Floor Area1,916 m²
Land Area4,137 m²
Parking46 x Onsite parkings
Property ID2016534251
Category
Last updated  16 Nov 2020

Listed by

Cushman & Wakefield Brisbane
Call
1800 867076

More about 46 Torquay Road Pialba QLD 4655

46 Torquay Road Pialba QLD 4655 is categorized as Shop & Retail Property. It has a floor area of 1,916 m² and a land area of 4,137 m². There are 46 x onsite parkings.The listing ID for this property is 2016534251.

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