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20 Winki Way, TORQUAY VIC, 3228

Sold
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Property Sold in 20 Winki Way, TORQUAY VIC, 3228

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000

Listing ID:
11402907
Status:
Sold
Last Updated:
25/02/2021
Price:
Price on Request
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Property Type

Retail/Showrooms/Bulky Goods/Industrial/Warehouse
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Land Area

4001 SQM
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Floor Area

734 SQM
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Parking

N/A

Premium Freestanding Highway Service Centre

***50% STAMP DUTY SAVING AVAILABLE***

+ Long Term 10 years leases to Continental AG/Mycar & Viva Energy To 2029 plus options to 2049.
+ Viva Energy Group Limited (ASX: VEA), a blue-chip $2.9 billion ASX-listed company and Shell’s Australian licensee with 1,292 retail fuel sites across Australia.
+ Mycar: Formally Kmart and Auto, purchased by Continental AG late 2018, a major international automotive supply company with €44.5 billion in sales worldwide.
+ Supporting specialty retail shop on brand new 7 year lease to experienced Melbourne hospitality operator.
+ Important tax depreciation benefits with up to 56% of the first year rent potentially free of income tax.*
+ Significant 4,001sqm corner site with 58 metre exposure to the Surf Coast Highway, with 19,200 vehicles passing daily.
+ Absolute position perfect in Torquay’s large format retail and industrial business precinct, adjoining Aldi Supermarket & Car Wash, metres to Bunnings, Petstock, Surf Coast Shire HQ and Schools.
+ Torquay: The fastest growing location within the Surf Coast Shire with median house price 87% higher than Regional Victoria^.
+ Surf Coast Shire: The gateway to the Great Ocean Road visited by more than 2.5 million travellers annually. Resident population more than tripling over peak holidays times.
+ Blue-Chip, pandemic proof, essential service investment.
+ Estimated Net Income: $408,840 pa

^REIV
*Napier Blakely

For more details, please email agent


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Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000


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