Dental property sells for $3.01 million

A purpose-built dental facility has been sold at 80 Geelong Road in Torquay for $3,010,000.

The home of Surfside Dental Torquay was offered for sale via public auction from Darcy Jarman and McCartney Real Estate on Friday last week.

More than 20 people attended the auction, with bidding starting at $2.5 million and lasting for about 10 minutes.

The ultra-modern facility opened in 2023 and remains in pristine, like-new condition.

The exceptional investment came with a five-year lease featuring attractive annual rent increases.

It is leased to National Dental Care, an established and successful dental provider with more than 80 locations nationwide.

It has prime high-exposure 1,013sqm landholding on a major throughfare and has onsite parking for 14 vehicles.