48-50 Bell Street, Torquay, VIC 3228 | Property Value & History | OnTheHouse
OFF MARKET

48-50 Bell Street
Torquay VIC 3228

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 435m2
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Property Details for 48-50 Bell St, Torquay

Building Type
Commercial
Land Size
435m2
Local Government
Surf Coast
Lot/Plan
1/TP433735

Last Listing description (May 2021)

Colliers is extremely honoured to bring to the market, 48-50 Bell Street, Torquay, For Sale via Tender, closing Thursday March 11th at 3:00pm (AEDT).

48-50 Bell Street is a unique proposition for any savvy developer or investor. Situated on one of the most prolific corners in Torquay this high-profile site will be sought by many. With 869 square metres of prime Commercial 1 Zoned land, 48-50 Bell Street is an offering like no other currently on the market.

With 60 metres frontage to both Bell Street and Geelong Road, and located on the cusp of the Great Ocean Road, 48-50 Bell Street is exposed to thousands of cars daily.

The current car wash infrastructure will remain on the site allowing the potential purchaser to generate a holding income whilst finalising any plans. Comprising of 5 manual wash bays along with 5 vacuum bays, this is a complete turnkey set up and has assisted this business to thrive over a number of years.

Property features:
- Prime corner site of 869 square metres*
- High exposure with 60 metres frontage*
- Offered with vacant possession
- Potential to generate holding income whilst going through planning
- Car wash equipment and infrastructure to remain onsite
- Zoned Commercial 1

For Sale via Tender, closing Thursday 11 March at 3pm (AEDT).

For more information, contact the exclusively appointed agent Andrew Lewis on 0418 508 908.

Property History for 48-50 Bell St, Torquay, VIC 3228

A timeline of how this property has performed in the market
Last Sold
$2,200,000
19 May 2021
  • 19 May 2021
    Sold for $2,200,000
  • 10 Feb 2021
    Listed for Sale Please contact agent
  • 11 Jun 2008
    Transferred
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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 11,339 properties. Over the last 5 years, Houses in Torquay have seen a 28.71% increase in median value, while Units have seen a 27.88% increase. As at 31 December 2025:

  • The median value for Houses in Torquay is $1,286,594 while the median value for Units is $860,419.
  • Houses have a median rent of $728 while Units have a median rent of $620.
There are currently 14 properties listed for sale, and 1 property listed for rent in Torquay on OnTheHouse. According to Cotality's data, 544 properties were sold in the past 12 months in Torquay.

Suburb Insights for Torquay 3228

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.