Hi Exposure Position – National Tenant
2/108-110 Surf Coast Highway, Torquay VIC 3228
$1,500,000 - $1,600,000
Outstanding freehold in the iconic Surf Coast Highway precinct with an established National Commercial tenant.
Surrounded by other high profile local businesses and a desirable lease of 5 yrs (started Nov 2016) with 2 further terms of 5 yrs. Annual CPI increases, then to market at further terms. Currently returning approx. $74,439.85 + GST. The property includes two carparks at rear. This is a great opportunity to invest in the growing Torquay Commercial market with a high exposure position.
Surrounded by other high profile local businesses and a desirable lease of 5 yrs (started Nov 2016) with 2 further terms of 5 yrs. Annual CPI increases, then to market at further terms. Currently returning approx. $74,439.85 + GST. The property includes two carparks at rear. This is a great opportunity to invest in the growing Torquay Commercial market with a high exposure position.
Read More
Agent Details
Inspection Times
Property Information
- Type Commercial
- Price : $1,500,000 - $1,600,000
- State VIC
- Suburb Torquay
- Property Type Retail