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Torquay Village Corner Bristol Road and Payne Street
Torquay VIC 3228
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Sold on 31 Dec 2017

Torquay Village Corner Bristol Road and Payne Street Torquay VIC 3228

  • Shop & Retail
  • 6,780 m²
  • Sold

A Thriving Neighbourhood Shopping Centre Anchored by Coles Supermarket

  • Anchored by Coles Supermarket
  • Brand new 15-year Net Lease
  • WALE of 10.17 years*

JLL Victorian Retail Investments is pleased to present for your consideration, Torquay Village, a thriving Victorian neighbourhood shopping centre in one of Australia's strongest growth areas.

• Anchored by a full line Coles Supermarket and LiquorLand (4,056 sqm*)
• Brand new 15-year Net Lease
• WALE of 10.17 years* (by income) with 81% of gross income generated by National retailers
• Highly accessible parking with 260* car parks
• Significant 14,030 sqm* land parcel with over 260 metres of frontage centrally located within the Torquay town centre
• Robust forecast population growth - Main Trade Area expected to increase by 40% to 30,800 people by 2031^
• Highly affluent population with average household income 50% above Non-Metro Victorian Average^
• Fully leased net income of $2,201,785 pa*

(*approx. ^Source: MacroPlan Dimasi)

For Sale via Public Expressions of Interest closing
Thursday 16th November at 5.00pm (AEDT)

EXPRESSION OF INTEREST

Closing date and time16/11/2017 17:00
Recipient nameAsk Agent
Delivery addressAsk Agent

Property Highlights

Date Sold31 Dec 2017
Floor Area6,780 m²
Land Area1.4 ha
Parking260 x Onsite parkings
Property ID2013938455
Category
Last updated  14 Mar 2018
Map for Torquay Village Corner Bristol Road and Payne Street Torquay VIC 3228

Property Highlights

Date Sold31 Dec 2017
Floor Area6,780 m²
Land Area1.4 ha
Parking260 x Onsite parkings
Property ID2013938455
Category
Last updated  14 Mar 2018
Level 40 101 Collins Street Melbourne VIC 3000

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