Little Starfish Swimmers, 4/10-12 Winki Way,
Torquay, VIC 3228
Showrooms & Large Format Retail • Shops & Retail • Medical & Consulting
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Burgess Rawson - Melbourne
Level 20, 150 Lonsdale StreetMELBOURNE, VIC 3000
Little Starfish Swimmers, 4/10-12 Winki Way
Torquay, VIC 3228
Map of Little Starfish Swimmers, 4/10-12 Winki Way
Strategic Swim School Investment in Booming Coastal Torquay
- Fixed 4% annual rent increases
- 2020 construction completion
- Tenant pays all usual outgoings
Burgess Rawson is pleased to offer to market Little Starfish Swimmers located at 4/10-12 Winki Way, Torquay VIC for sale via Auction Investment Portfolio 172.
The property has the following key investment highlights:
+ Five (5) year net lease to Little Starfish Swimmers to June 2027 plus options to 2032.
+ Little Starfish Swimmers: leading family operated swim school with significant waiting list.
+ Investor preferred net lease terms with the tenant paying all usual outgoings including insurances as per lease.
+ Fixed 4% annual rent increases, ensuring income growth.
+ Substantial 590sqm* swim school incorporating open plan layout with pool, change rooms and offices.
+ Important rear loading via roller door.
+ Direct access to 55 sealed and lined car spaces.
+ As new, with 2020 construction completion.
+ Directly adjoining ALDI supermarket and amongst Bunnings, Shell/Mycar, Reece Plumbing, Tyrepower and Torquay Medical Hub.
+ High profile position with direct exposure to Surf Coast Highway, with 25,500 vehicles passing daily. (1)
+ Booming Torquay North growth corridor location with population forecast to surge 39.86% by 2046 to 25,992 residents. (2)
+ Torquay: iconic seaside destination, gateway to Great Ocean Road, median house price up 49% to $1.2m over past 5 years. (3)
+ Surf Coast Shire: Australia’s surfing capital and popular tourist destination with an annual economic output of $3.95 billion (2)
+ Potential 50% stamp duty saving
+ Net Income: $132,710pa* + GST
For Sale by Investment Portfolio Auction
10:30am AEDT Wednesday 30 October 2024
River Room - Crown Casino, Melbourne
Also available as part of Burgess Rawson's October Portfolio auction:
1 & 2/10-12 Winki Way, Torquay VIC (Petstock & Fur Life Vet)
1. GapMaps
2. Remplan
3. Realestate.com.au
The property has the following key investment highlights:
+ Five (5) year net lease to Little Starfish Swimmers to June 2027 plus options to 2032.
+ Little Starfish Swimmers: leading family operated swim school with significant waiting list.
+ Investor preferred net lease terms with the tenant paying all usual outgoings including insurances as per lease.
+ Fixed 4% annual rent increases, ensuring income growth.
+ Substantial 590sqm* swim school incorporating open plan layout with pool, change rooms and offices.
+ Important rear loading via roller door.
+ Direct access to 55 sealed and lined car spaces.
+ As new, with 2020 construction completion.
+ Directly adjoining ALDI supermarket and amongst Bunnings, Shell/Mycar, Reece Plumbing, Tyrepower and Torquay Medical Hub.
+ High profile position with direct exposure to Surf Coast Highway, with 25,500 vehicles passing daily. (1)
+ Booming Torquay North growth corridor location with population forecast to surge 39.86% by 2046 to 25,992 residents. (2)
+ Torquay: iconic seaside destination, gateway to Great Ocean Road, median house price up 49% to $1.2m over past 5 years. (3)
+ Surf Coast Shire: Australia’s surfing capital and popular tourist destination with an annual economic output of $3.95 billion (2)
+ Potential 50% stamp duty saving
+ Net Income: $132,710pa* + GST
For Sale by Investment Portfolio Auction
10:30am AEDT Wednesday 30 October 2024
River Room - Crown Casino, Melbourne
Also available as part of Burgess Rawson's October Portfolio auction:
1 & 2/10-12 Winki Way, Torquay VIC (Petstock & Fur Life Vet)
1. GapMaps
2. Remplan
3. Realestate.com.au
Property ID: 504703892Last Updated: 4 Nov 2024
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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