Corner Surf Coast Highway & Beacons Boulevard Torquay VIC 3228

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

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