Busy Freehold Retail Investment

6 Bideford Street, Torquay QLD

Property Highlights

Prominent site 50m from the Beach
New 5 yr lease + New 3 yr lease
Iconic well established business
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+ Prominent freehold site less than 50 metres from Hervey Bay beachfront
+ 2 retail shops fully leased with renewed 5 year + 5 year lease to Go Natural Foods, and new 3 year + 3 year + 3 year lease to Specialty Street Coffee
+ High profile 718 sqm site in the busy Torquay retail strip only metres to the Esplanade & the famous Hervey Bay foreshore
+ Combined net lettable area 541 sqm
+ Rear access for parking & deliveries (Campbell Street)
+ Hervey Bay: the fastest growing seaside city in regional Queensland and only 3 hours’ drive north of Brisbane, a world renowned tourist destination & commercial hub of Fraser Coast region, trade catchment 107,000+ & 4.3 million visitors annually
+ Net income $64,428 p.a. (plus GST)

For Sale by Investment Portfolio Auction
11am (AEST) Wednesday 29 September 2021
Venue: Crystalbrook Vincent Hotel, 5 Boundary Street, ‘Howard Smith Wharves’ Brisbane

Property Details

Current Tenant
Occupancy Type
Land Size
718 SQM
Building Area
541 SQM

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