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Stonebridge Property Group - Sydney

Woolworths Torquay Central, Cnr Bristol Road & Walker Street Torquay, VIC 3228

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Woolworths Torquay Central, Cnr Bristol Road & Walker Street,
Torquay, VIC 3228

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Key property information

Land area

Floor area

Property extent

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$916,029
Number of Tenants
1 Tenant
Tenants / Type
Woolworths

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Stonebridge Property Group - Sydney
Woolworths Torquay Central, Cnr Bristol Road & Walker Street
Torquay, VIC 3228
Stonebridge Property Group - Sydney

Stonebridge Property Group - Sydney

Level 29, 420 George Street
SYDNEY, NSW 2000

Map of Woolworths Torquay Central, Cnr Bristol Road & Walker Street

Directions
  • Bus stops within 5 km of Woolworths Torquay Central, Cnr Bristol Road & Walker Street, Torquay, VIC 3228Distance
    Payne St/Bristol Rd (Torquay)58 m
    Surf Coast Hwy/Bristol Rd (Torquay)265 m
    Pearl St/Boston Rd (Torquay)365 m
    Torquay Holiday Resort/Surf Coast Hwy (Torquay)421 m
    Beach Rd/Fischer St (Torquay)619 m
    POWERED BY HERE ©
POWERED BY HERE ©

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 098 805

Kevin Tong
0422 848 818

Philip Gartland
0403 582 324



*approx

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Property ID: 503682418Last Updated: 14 Jan 2021

Agency contacts

Stonebridge Property Group - Sydney
Stonebridge Property Group - Sydney
Level 29, 420 George Street
SYDNEY, NSW 2000
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Stonebridge Property Group - Melbourne
Stonebridge Property Group - Melbourne
Level 3, 111 Coventry Street
SOUTHBANK, VIC 3006
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Philip Gartland

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Philip Gartland
Stonebridge Property Group - Sydney
Woolworths Torquay Central, Cnr Bristol Road & Walker Street Torquay, VIC 3228

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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  • Philip Gartland

    Philip Gartland

    Stonebridge Property Group - Sydney
    +61 *** ***
  • Kevin Tong

    Kevin Tong

    Stonebridge Property Group - Melbourne
    +61 *** ***
  • Justin Dowers

    Justin Dowers

    Stonebridge Property Group - Melbourne
    +61 *** ***