2/108-110 Surf Coast Highway,
Torquay, VIC 3228

Shops & Retail

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Map of 2/108-110 Surf Coast Highway

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High Exposure Position, Secure Tenancy

High exposure position, located on the beach side of the Surf Coast Highway and surrounded by established local businesses, this commercial space could be the ideal investment you have been looking for.
Currently leased to a desirable tenant returning $60,000 per annum + outgoings.
Lease terms: 5 years starting Nov 2016 with 2 further terms of 5 years. Annual CPI increase, to market at further terms.
Property includes 4 carparks.
This is a great opportunity to invest with a secure tenant in this sought after, highway frontage location, in the heart of the iconic surf retail precinct.

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