Stonebridge Property Group is pleased to present Building 3, 12 Castles Drive, Torquay, for sale via Public On-site Auction.

Key highlights of the property include:

• Leased to Dragon Alliance which is a subsidiary of Marchon Eyewear, with a global presence in over 20 countries, and 2,700 employees worldwide.
• Marchon Eyewear is a global manufacturer and distributor of eyewear and sunglasses. The company markets its products under numerous licensed brand names, including Calvin Klein, Columbia, Converse, DKNY, Donna Karan, Dragon, Ferragamo, Flexon, Karl Lagerfeld, Lacoste, Lanvin, Liu Jo, Longchamp, Marchon NYC, Nautica, Nike, Nine West, Paul Smith, Pilgrim, Pure, Shinola, Skaga, Victoria Beckham and ZEISS.
• Annual income of $64,896* +GST with fixed 4% annual rental increases
• Fully leased until May-27, plus one 5-year option with tenant having a substantial customised fitout
• Tilt panel concrete building featuring 194 sqm* of stylish open plan office space, private meeting room, kitchenette, bathrooms, plus a first floor 30 sqm* mezzanine
• Located in tightly held Torquay industrial zoned precinct. As a result, this led to additional warehouse development in the precinct
• Modern commercial fit-out which boasts a high retention rate noting no capital improvements are required
• Dragon Alliance as the trading tenant was established in 1993 in Capo Beach, California. Now with a global reach in Australia and New Zealand specialising in performance sunglasses and snow goggles
• Exceptional Torquay industrial precinct, neighbouring national tenants such as Bunnings, Aldi, mycar Tyre & Auto, Shell, BFT and Petstock
• A location that is well known as the start of the Great Ocean Road, a must-stop destination for visitors and home to surfing enthusiasts
• Immediate access to Surf Coast Hwy (550 m*), Torquay’s retail precinct (2.5 km*), Torquay beach (4.5 km*) and approximately 10 min drive to M1

To obtain further information or to arrange an inspection, please contact the exclusive selling agents.