Skip to main content
SearchBack to results

Woolworths Torquay Cnr Bristol Road & Walker Street Torquay VIC 3228

  • Shop & Retail
  • 2,980 m²
  • Expressions of Interest

A Generational Freestanding Woolworths Supermarket With UPSIDE

  • Rare NET lease structure to Woolworths
  • Strategic C1Z landholding of 7,331sqm*
  • Scope for future mixed use redevelopment

Stonebridge Property Group is pleased to present for sale Woolworths Torquay Central, a once in a generation opportunity to acquire a freestanding Woolworths Supermarket, with significant future development upside. Situated on the corner of Bristol Road and Walker Street, Torquay Victoria, this is arguably the most prestigious daily needs investment asset of 2020 to come to market.

We detail several key investment highlights below:

+ A once in a generation Woolworths leased freestanding supermarket investment being the embodiment of a highly secure, daily needs investment

+ Rare NET lease structure to Woolworths including BWS liquor (2,980 GLA*)

+ The most substantial and strategic Commercial 1 Zoned landholding in the tightly held coaster enclave of Torquay (7,332sqm*) providing significant scope for future mixed-use development given the undercapitalised at grade car parking and value enhancement opportunity

+ The positioning is further enhanced given the central location of the site, being opposite Taylor Park and 300 metres* from Torquay Beach

+ Highly convenient at-grade car parking with 127 spaces and access from three (3) street frontages

+ Profitable store evidenced by a low occupancy cost ratio (under 3%) and growing supermarket turnover

+ Woolworths recently invested over $5 million of capital works into the store, identifying their confidence and commitment to the location

+ Torquay is a major coastal hub being the gateway to the Great Ocean Road in the Surf Coast Shire. An affluent location that is experiencing some of the highest levels of tourism and population growth in Australia, being an ideal location for sea-change residents which will be significantly accelerated as the working from home trend increases

+ Net income of $916,029 per annum*

Woolworths Torquay Central is for sale by Expressions of Interest (EOI) closing 5pm AEDT Thursday the 3rd of December 2020. To obtain further information or to arrange an inspection, please contact the exclusive selling agents Stonebridge Property Group.

Justin Dowers
0438 098 805

Kevin Tong
0422 848 818

Philip Gartland
0403 582 324

*approx

EXPRESSION OF INTEREST

Closing date and time03/12/2020 17:00
Recipient nameAsk Agent
Delivery addressAsk Agent

Property Highlights

Property ID2016571630
Floor Area2,980 m²
Land Area7,332 m²
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  4 Nov 2020
Map for Woolworths Torquay Cnr Bristol Road & Walker Street Torquay VIC 3228
Map for Woolworths Torquay Cnr Bristol Road & Walker Street Torquay VIC 3228Woolworths Torquay Cnr Bristol Road & Walker Street Torquay VIC 3228
Stonebridge Property Group VIC
Level 1/95 Coventry St Southbank VIC 3006

More Properties for Sale from Stonebridge Property Group VIC

910 Thompsons Road Cranbourne West VIC 3977
Expressions of Interest
910 thompsons road,cranbourne west, VIC 3977
1.98 ha
Shop & Retail
19 Urquhart Street Coburg VIC 3058
For SaleContact Agent
19 urquhart street,coburg, VIC 3058
5,088 m²
Development / Land
29 Cherry Flat Road Delacombe VIC 3356
Expressions of Interest
29 cherry flat road,delacombe, VIC 3356
3,765 m²
Shop & Retail
Contact Agent