Positioned within the thriving retail and hospitality precinct of Torquay’s town centre, this well-located tenanted investment presents an outstanding opportunity to secure a strategic commercial asset in one of the Surf Coast’s most tightly held markets.
Surrounded by established businesses and benefiting from convenient public parking, the...
Positioned within the thriving retail and hospitality precinct of Torquay’s town centre, this well-located tenanted investment presents an outstanding opportunity to secure a strategic commercial asset in one of the Surf Coast’s most tightly held markets.
Surrounded by established businesses and benefiting from convenient public parking, the property enjoys strong exposure and easy accessibility, while being just moments from Torquay’s renowned beaches, retail amenities and key arterial routes. Currently leased with options extending through to 2032, the property provides investors with secure holding income in a high-demand coastal location experiencing consistent population growth and strong tourism activity.
• Land Area: 613m²*
• Floor Area: 171m²*
• Current Return: $76,793 per annum*
• Lease Term: Current term to April 2027 with a further 5-year option
• Annual Rent Reviews with CPI adjustment
• Zoning: C1Z – Commercial 1
*Approximate
The premises offers a highly functional layout featuring generous indoor and outdoor areas, kitchen and bar facilities, accessible amenities, a storeroom or office, outdoor storage provisions and an expansive service area, providing excellent operational flexibility for hospitality or commercial uses.
Located on sought-after Cliff Street, this is a rare opportunity to secure a quality commercial investment within the heart of Torquay’s tightly held town centre. Benefiting from strong local tourism, a growing permanent population and Torquay’s reputation as a premier lifestyle destination, the property is ideally positioned to capitalise on ongoing demand for commercial space.
613 m²
