51-53 Surf Coast Highway,
Torquay, VIC 3228
Development Sites & Land • Hotel, Motel & Leisure
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Cushman & Wakefield - Melbourne
Level 9, 385 Bourke StreetMELBOURNE, VIC 3000
03 9631 75...
51-53 Surf Coast Highway
Torquay, VIC 3228
Map of 51-53 Surf Coast Highway
Outstanding development opportunity with holding income in the thriving surf coast
- Two prime adjoining development sites
- Total land area of 1,463sqm*
- Flexible General Residential Zone
Cushman & Wakefield is now proud to present for private sale 51-53 Surf Coast Highway, Torquay:
• Investment or development opportunity, currently under lease to Bells Beach Backpackers
• High profile main road site with potential for a range of multiple uses (STCA)
• Located 21km* south of Geelong, 103 km* west of Melbourne’s CBD
• Existing building over 3 levels providing short stay accommodation with sea views
• Contains 8 rooms, plus laundry facilities, baggage holding room, communal kitchen, communal lounge and games or recreation room
• Passing net income $90k p.a. (approx.) with the lease due to expire in September 2023
• Prime parcel of land within the booming Surf Coast market
• Capture the shift to coastal living with the Torquay population is growing at 4.70% p.a. (ABS)
• 500m* walking distance to Coles Supermarket and Surf City Retail Plaza
• Nearby attractions and amenity include world famous Bells Beach, Surf World National Museum, Salt Air Spa Retreat, The Sands Torquay Golf Course, RACV Torquay Resort, Great Ocean Road Chocolaterie & Ice Creamery, Torquay College and Bellbrae Estate Vineyard
To arrange a private inspection please contact Cushman & Wakefield, the exclusive selling agent:
Lukas Byrns | 0423 791 126 | lukas.byrns@cushwake.com
Marcus Neill | 0452 405 782 | marcus.neill@cushwake.com
*All figures and outlines are approximate
• Investment or development opportunity, currently under lease to Bells Beach Backpackers
• High profile main road site with potential for a range of multiple uses (STCA)
• Located 21km* south of Geelong, 103 km* west of Melbourne’s CBD
• Existing building over 3 levels providing short stay accommodation with sea views
• Contains 8 rooms, plus laundry facilities, baggage holding room, communal kitchen, communal lounge and games or recreation room
• Passing net income $90k p.a. (approx.) with the lease due to expire in September 2023
• Prime parcel of land within the booming Surf Coast market
• Capture the shift to coastal living with the Torquay population is growing at 4.70% p.a. (ABS)
• 500m* walking distance to Coles Supermarket and Surf City Retail Plaza
• Nearby attractions and amenity include world famous Bells Beach, Surf World National Museum, Salt Air Spa Retreat, The Sands Torquay Golf Course, RACV Torquay Resort, Great Ocean Road Chocolaterie & Ice Creamery, Torquay College and Bellbrae Estate Vineyard
To arrange a private inspection please contact Cushman & Wakefield, the exclusive selling agent:
Lukas Byrns | 0423 791 126 | lukas.byrns@cushwake.com
Marcus Neill | 0452 405 782 | marcus.neill@cushwake.com
*All figures and outlines are approximate
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
Cushman & Wakefield - MelbourneLevel 9, 385 Bourke Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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