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13 Pearl Street, Torquay, VIC 3228
Premium Coastal Investment – Multi-Tenanted & Fully Leased
Darcy Jarman, together with McCartney Real Estate, is excited to offer 13 Pearl Street, Torquay for sale via Public Auction on Friday, 31 October 2pm, on-site.
A fully leased, multi-tenanted investment positioned in the heart of Torquay’s traditional retail and commercial precinct. Comprising four individual tenancies offered in one line, the property is anchored by a strong mix of retail, service retail and health and wellness occupants.
All leases include secure terms with attractive annual increases, underpinned by Torquay’s fast-growing and vibrant economy. This is a premium, diversified asset ideally suited to investors seeking long-term growth and stability.
Key Property Features:
• Four individually titled retail investments, offered for sale in one line
• Leased to mix of tenants including fashion, hospitality, retail, health and wellness
• All tenants on secure lease terms with options
• Combined Income: $101,689 pa net, with strong annual increases
• High-exposure 453sqm landholding, with 22m frontage
• Four individual, self-contained shops, totalling 200sqm
• Onsite parking for 6 vehicles
• Potential 50% stamp duty concessions
Torquay is at the gateway to the Great Ocean Road, where median house prices have surged 47% to $1.19 million in just five years. The property sits in the heart of Torquay's retail and commercial precinct, metres from Gilbert Street, The Esplanade and Torquay main beach.
To request information or arrange an inspection, please contact the below agents:
Darcy Jarman
Tim Darcy + 61 418 522 523
Andrew Prowse +61 418 534 076
McCartney Real Estate
Tim Carson + 61 434 690 930
Kirsty Pertzel +61 419 125 399
*approx.
Property Info
AUCTION
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