Burgess Rawson is pleased to offer to market Little Starfish Swimmers located at 4/10-12 Winki Way, Torquay VIC for sale via Auction Investment Portfolio 172.

The property has the following key investment highlights:

+ Five (5) year net lease to Little Starfish Swimmers to June 2027 plus options to 2032.
+ Little Starfish Swimmers: leading family operated swim school with significant waiting list.
+ Investor preferred net lease terms with the tenant paying all usual outgoings including insurances as per lease.
+ Fixed 4% annual rent increases, ensuring income growth.
+ Substantial 590sqm* swim school incorporating open plan layout with pool, change rooms and offices.
+ Important rear loading via roller door.
+ Direct access to 55 sealed and lined car spaces.
+ As new, with 2020 construction completion, providing significant tax saving deprecation benefits.
+ Directly adjoining ALDI supermarket and amongst Bunnings, Shell/Mycar, Reece Plumbing, Tyrepower and Torquay Medical Hub.
+ High profile position with direct exposure to Surf Coast Highway, with 25,500 vehicles passing daily. (1)
+ Booming Torquay North growth corridor location with population forecast to surge 39.86% by 2046 to 25,992 residents. (2)
+ Torquay: iconic seaside destination, gateway to Great Ocean Road, median house price up 49% to $1.2m over past 5 years. (3)
+ Surf Coast Shire: Australia’s surfing capital and popular tourist destination with an annual economic output of $3.95 billion (2)
+ Potential 50% stamp duty saving
+ Net Income: $130,700pa* + GST

For Sale by Investment Portfolio Auction
10:30am AEDT Wednesday 30 October 2024
River Room – Crown Casino, Melbourne

Also available as part of Burgess Rawson’s October Portfolio auction:

1 & 2/10-12 Winki Way, Torquay VIC (Petstock & Fur Life Vet)

1. GapMaps
2. Remplan
3. Realestate.com.au