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Burgess Rawson (QLD) - Brisbane
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430 Esplanade Torquay, QLD 4655

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For Sale - Auction Wed 27 Feb

430 Esplanade Torquay, QLD 4655

Shop & Retail
Sale Price

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Land area

1763.0m²

Floor area

1242.0m²

Car spaces

26

Parking info

26 On-grade plus double parking garage for residence

Property extent

Whole

Zoning

Mixed Use

Municipality

Fraser Coast Regional Council

Tenure type

Tenanted Investment

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$194,335
Number of Tenants
2 Tenants
Tenants / Type
Subway + Foodworks + Upstairs Residence

Auction -

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Business & Pleasure Opportunity - Beachfront Retail Investment with Stunning Residence

  • Renewed 5 year lease to Subway
  • Foodworks lease + options to 2030
  • Retail + residential investment

Rare offering of prime retail investment combined with an impressive 2nd level residence of 1st class quality

Renewed 5 year lease to Subway with fixed 3% rent increases

10 Year lease to Foodworks plus options to 2030 - fixed 3% increases

Quality solid brick construction

Massive 1,763 sqm site with rear street access and 30 on-site car parks

Potential multi-storey future re-development

The residence has ducted air conditioning, 6 beds, 4 baths, 3 living areas, huge 115 sqm tiled deck overlooking Hervey Bay beach and foreshore parkland

Designed to be split into two residences with separate entries

Opportunity for the perfect holiday home and retail investment combined

Net Income: $194,335 pa + GST (assuming fully leased including residence)

For sale via Auction to be held at 11.00 am AEDT, Wednesday 27 February 2019

River Room, Crown Casino, Melbourne

Property ID: 503066046Last Updated: 14 Jan 2019

Burgess Rawson (QLD) - Brisbane
430 Esplanade
Torquay, QLD 4655
Glenn Conridge

Burgess Rawson (QLD) - Brisbane

Level 24,324 Queen Street
BRISBANE CITY, QLD 4000

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Burgess Rawson (QLD) - Brisbane

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Burgess Rawson (QLD) - Brisbane

Level 24,324 Queen Street
BRISBANE CITY, QLD 4000
Burgess Rawson - Melbourne

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Burgess Rawson - Melbourne

Level 7,140 Bourke Street
MELBOURNE, VIC 3000
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Glenn Conridge

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Glenn Conridge
Burgess Rawson (QLD) - Brisbane
430 Esplanade Torquay, QLD 4655

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

Kind Regards,

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