Torquay Village is located in the heart of the Surf Coast, one of the fastest growing regional municipalities in Victoria, with average population growth of 3.06% p.a. over the past 15 years. Boasting a highly desirable anchor tenant in Coles, the centre provides a total GLA of 6,745 sqm spread across 16 tenancies with over 260 on-site parking bays. The premium location spans over 250m of street frontage across Bristol Road and Payne Street, serving as an integral part of everyday life for the local community.
IP Generation acquired Torquay Village in late 2021 and is currently driving returns through improving the tenancy mix and introduction of new retailers suitable for the location and local demographic of the trade area, and leveraging its significant retail experience to improve tenant productivity and sales performance.