FOR SALE
For Sale

247 Esplanade (Aka 22 Watson Street)
Pialba QLD 4655

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1619m2
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Hervey Bay - Elevated Residential Site with Stunning Views

• 1,619m²* development site with northerly aspect
• 2* hours from Noosa
• Elevated views across the bay to Fraser Island (K'gari)
• Esplanade frontage - suit multiple residential development options
• Capacity to build up to 20* meters
• Approved Plans for 12 residential units over 2 buildings (approval includes 2 lot subdivision)
• Local market has record low vacancy and severely lacks new unit developments
• Located across the road sand beaches & attractive parkland, walk to Coles, cafés, shopping, and restaurants
• Direct flights from Sydney, Melbourne and Brisbane to Hervey Bay
*approximately

Property Details for 247 Esplanade (Aka 22 Watson Street), Pialba

Building Type
Commercial
Land Size
1619m2

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About Pialba 4655

The size of Pialba is approximately 4.9 square kilometres. It has 13 parks covering nearly 20.2% of total area. The population of Pialba in 2011 was 3,527 people. By 2016 the population was 3,681 showing a population growth of 4.4% in the area during that time. The predominant age group in Pialba is 60-69 years. Households in Pialba are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Pialba work in a community and personal service occupation. In 2011, 47.4% of the homes in Pialba were owner-occupied compared with 49.4% in 2016.

Pialba has 3,014 properties. Over the last 5 years, Houses in Pialba have seen a 107.85% increase in median value, while Units have seen a 94.10% increase. As at 30 September 2024:

  • The median value for Houses in Pialba is $626,250 while the median value for Units is $491,241.
  • Houses have a median rent of $580 while Units have a median rent of $510.
There are currently 45 properties listed for sale, and 27 properties listed for rent in Pialba on OnTheHouse. According to CoreLogic's data, 186 properties were sold in the past 12 months in Pialba.

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Andrew Burke
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RW Special Projects Queensland
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