46 Torquay Road, Pialba, Qld 4655

Colliers is pleased to present 46 Torquay Road, Pialba - a premium freestanding retail investment securely leased to Officeworks Ltd, a wholly owned subsidiary of ASX-listed Wesfarmers Ltd.

Purpose-built in 2009, the property comprises a high-quality 1,916m² retail facility* on a substantial 4,137m² corner site*, supported by 46 car parks* and dual street access.

The investment is underpinned by a blue-chip national tenant, secure net income of $392,699 p.a. plus GST* and guaranteed annual rental growth of at least 2.5%.

Positioned prominently on Torquay Road within Pialba’s established retail precinct, the property benefits from strong exposure and accessibility, surrounded by leading national retailers including Woolworths, Coles, Bunnings, Big W, BWS, McDonald’s and Hungry Jack’s.

Investment Highlights
- Leased to Officeworks Ltd, a wholly owned subsidiary of ASX-listed Wesfarmers Ltd
- 5-year WALE to 30 June 2030, plus 3 x 5-year options
- Current net income of $392,699 p.a.* + GST
- Minimum contractual rental growth of 2.5% annually
- Purpose-built 1,916m²* retail facility
- Substantial 4,137m²* Principal Centre zoned site
- 46 on-site car parks*
- Prominent 34.4 metre* frontage to Torquay Road and 89.2 metres* to Taylor Street 
- Dual street access via Taylor Street and Hillyard Street
- Established retail precinct surrounded by leading national retailers 

46 Torquay Road presents an outstanding opportunity for private investors, syndicates, family offices and institutional-style investors seeking a high-quality regional Queensland retail investment underpinned by a nationally recognised tenant covenant and secure, growing income.

For Sale by Offers to Purchase closing Friday 9 October at 4pm (AEST).

For further information or to arrange an inspection, contact exclusive marketing agent Mark Wollin.

*Approximately.