Woolworths Torquay Central, Cnr Bristol Road & Walker Street,
Torquay, VIC 3228
Shops & Retail
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Stonebridge Property Group - Melbourne
Level 19, 627 Chapel StreetSOUTH YARRA, VIC 3141
Woolworths Torquay Central, Cnr Bristol Road & Walker Street
Torquay, VIC 3228
Map of Woolworths Torquay Central, Cnr Bristol Road & Walker Street
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 December 2020. To obtain further information or to arrange an inspection, please contact the exclusive selling agents Stonebridge Property Group.
Justin Dowers
0438 098 8...
Kevin Tong
0422 848 8...
Philip Gartland
0403 582 3...
*approx
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 December 2020. To obtain further information or to arrange an inspection, please contact the exclusive selling agents Stonebridge Property Group.
Justin Dowers
0438 098 8...
Kevin Tong
0422 848 8...
Philip Gartland
0403 582 3...
*approx
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Torquay, 3228 demographic data
The median household income for Torquay is $2,295, 66% higher than Regional Victoria's household income of $1,386. Torquay has a younger age profile compared to the rest of Regional Victoria (median age 39 vs 43). Property ownership data shows 55% of property owners in Torquay have a mortgage.
18,534
Population
$2,295 per week
Median household income
39 years
Median age
Owners
Most residents
Families
Most households
Stonebridge Property Group - MelbourneLevel 19, 627 Chapel Street
SOUTH YARRA, VIC 3141
SOUTH YARRA, VIC 3141
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SYDNEY, NSW 2000
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