3/13 Pearl StreetTorquay VIC 3228
Property Details for 3/13 Pearl St, Torquay
Last Listing description (September 2024)
Positioned in a highly desirable area boasting street frontage, significant foot traffic, and dedicated customer parking.
Versatile Retail/Office Space - Configurable as a single unit or two separate shops.
One unit includes restroom facilities.
Immediate Availability - Lease transfer valid until 02/10/2025, with the option to renew for 2 additional 3-year terms.
Annual Rent: $45,407 PA + GST + Outgoings ($4,162.39/month incl. GST).
Annual CPI adjustment to rental rates.
Outgoings
Rates: $2,000 per annum.
Business Insurance: $1,770 per annum.
Barwon Water: $1,000 per annum.
Total Outgoings: Approximately $4,700 per annum.
Property History for 3/13 Pearl St, Torquay, VIC 3228
- 31 Oct 2025Sold for $2,000,000
- 16 May 2024Listed for Rent $50,057 / year
- 07 Sep 2017Listed for Sale Not Disclosed
Recent sales nearby
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About Torquay 3228
The size of Torquay is approximately 34.5 square kilometres. It has 24 parks covering nearly 13.6% of total area. The population of Torquay in 2016 was 13258 people. By 2021 the population was 18534 showing a population growth of 39.8% in the area during that time. The predominant age group in Torquay is 40-49 years. Households in Torquay are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Torquay work in a professional occupation.In 2021, 75.70% of the homes in Torquay were owner-occupied compared with 73.40% in 2016.
Torquay has 11,420 properties. Over the last 5 years, Houses in Torquay have seen a 20.95% increase in median value, while Units have seen a 26.98% increase. As at 28 February 2026:
- The median value for Houses in Torquay is $1,302,024 while the median value for Units is $926,878.
- Houses have a median rent of $743 while Units have a median rent of $645.
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