 | SALE PROCESS Sold off market PURCHASER Private Investor PRICE Undisclosed SALE DATE September 2023 WALE 7.6 years (by income) 8.19 years (by area) YIELD c 5.75% TENANTS (including) Coles and Liquorland (60% of the lettable area) Cotton On Adairs Platypus Sheridan Outlet ISLE by Endota Witchery Matchbox Betty’s Burgers. ZONING Commercial 1 Paul Burns 0412 244 274 burnsp@fitzroys.com.au | ||
Torquay Village Shopping Centre | |||
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DESCRIPTION:
A c10 year old, fully leased retail centre comprising a Coles Supermarket, 14 speciality shops and 260 on site car parks LOCATION: Torquay is 100km* from Melbourne (20km* from Geelong) on the Surf Coast which continues to experience strong growth. The property is located on the corner of Bristol Road and Payne Street in the heart of the retail precinct AREA: Lettable Area: 6,779m2* plus 260 cars Land: 14,029m2* comprising freehold 11,779.4m2* (Coles plus 10 specialty shops), plus 2,249.3m2* strata title (4 specialty shops plus parking) | |||
* All dimensions are approximate. Particulars herein are for information purposes only and do not constitute any representation by the owner or the agent. | |||