Infinity Pharmacy, 418A Esplanade,
Torquay, QLD 4655

Shops & Retail • Medical & Consulting • Other

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Land area

Floor area

Property extent

Tenure type

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Win Projects - PIALBA

Two Main Street
PIALBA, QLD 4655

Infinity Pharmacy, 418A Esplanade

Torquay, QLD 4655

Map of Infinity Pharmacy, 418A Esplanade

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Beach Front Freehold in Hervey Bay - Established Pharmacy Almost 20 Years

Pharmacy 'Essential Services Tenant'
Tenant pays outgoings as per Lease
Freehold 556 sqm Site

Prime position on Hervey Bay Esplanade opposite beach
Renewed 5 year lease to 2025 plus option to 2030
Pharmacy established in this location since 2003
Net lettable area of 297 sqm
Development Precinct HDR1 (Hervey Bay Tourism Node): Development potential to 26m (approx. 8 storeys - STCA)
Infinity Pharmacies – over 20 outlets plus 9 medical centres in Queensland and Tasmania
Tenants pay all outgoings as per the lease including management fees
Fixed 2% annual rent increases
Freehold 556 sqm site with rear access from the Esplanade
Hervey Bay: the fastest growing seaside city in regional Queensland and only 3 hours’ drive north of Brisbane, a world-renowned tourist destination and commercial hub of Fraser Coast region, trade catchment 107,000 plus and 4.3 million visitors annually
Net income $65,128 p.a. (plus GST)

To be sold by Burgess Rawson Investment Portfolio Auction
Tuesday 3rd August 2021 at Yallamundi Rooms, Sydney Opera House

Torquay, 4655 demographic data

The median household income for Torquay is $917, 39% lower than Regional Queensland's household income of $1,507. Torquay has an older age profile compared to the rest of Regional Queensland (median age 55 vs 41). Property ownership data shows 28% of property owners in Torquay have a mortgage.

6,533

Population

$917 per week

Median household income

55 years

Median age

Owners

Most residents

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Most households

Win Projects - PIALBA

Two Main Street
PIALBA, QLD 4655