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Cushman & Wakefield - Melbourne

51-53 Surf Coast Highway Torquay, VIC 3228

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51-53 Surf Coast Highway,
Torquay, VIC 3228

Development Sites & Land • Hotel & Leisure

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Cushman & Wakefield - Melbourne
Marcus Neill
Lukas Byrns

Cushman & Wakefield - Melbourne

Level 9, 385 Bourke Street
MELBOURNE, VIC 3000
Cushman & Wakefield - Melbourne
51-53 Surf Coast Highway
Torquay, VIC 3228

Map of 51-53 Surf Coast Highway

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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 1... | lukas.byrns@cushwake.com
Marcus Neill | 0452 405 7... | marcus.neill@cushwake.com

*All figures and outlines are approximate

Property ID: 503820030Last Updated: 27 Aug 2021

Cushman & Wakefield - Melbourne
Level 9, 385 Bourke Street
MELBOURNE, VIC 3000
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