FOR SALE
$875,000

228 Torquay Terrace
Torquay QLD 4655

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 2024m2
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Exceptional Development Opportunity

Don't miss your chance to acquire a prime piece of real estate in a highly sought-after location. This 2,024m² medium-density allotment is ideally situated near the beach, vibrant Esplanade restaurants, and all the best of Hervey Bay living. With approximately 20 meters of frontage and dual street access, the property can be accessed from both Torquay Terrace and Freshwater Street at the rear.
The high-set home towards the front of the property features three bedrooms and a bathroom and offers potential for rental income or can serve as your residence while you develop the property. Alternatively, you can renovate the home and enjoy your own piece of the Hervey Bay lifestyle, with endless possibilities for the back of the lot.
Property Highlights:
• 2,024m² medium-density allotment
• Prime development potential
• Dual street access
• Approximately 20m wide frontage
• Close to the beach, restaurants, and the CBD
• High-set home with three bedrooms and one bathroom
Properties like this are rare in such a desirable area, and undeveloped land is becoming increasingly scarce. Seize this opportunity to create a vibrant community just moments from the beach and local amenities.

Property Details for 228 Torquay Tce, Torquay

228 Torquay Tce, Torquay is a 3 bedroom, 1 bathroom House. The property has a land size of 2024m2. The place is currently for sale with Ray White Hervey Bay.

Building Type
House
Land Size
2024m2

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About Torquay 4655

The size of Torquay is approximately 4.3 square kilometres. It has 15 parks covering nearly 13% of total area. The population of Torquay in 2011 was 6,025 people. By 2016 the population was 6,331 showing a population growth of 5.1% in the area during that time. The predominant age group in Torquay is 60-69 years. Households in Torquay are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Torquay work in a professional occupation. In 2011, 51.2% of the homes in Torquay were owner-occupied compared with 53.2% in 2016.

Torquay has 3,598 properties. Over the last 5 years, Houses in Torquay have seen a 91.23% increase in median value, while Units have seen a 101.78% increase. As at 30 November 2024:

  • The median value for Houses in Torquay is $662,412 while the median value for Units is $490,418.
  • Houses have a median rent of $520 while Units have a median rent of $460.
There are currently 41 properties listed for sale, and 14 properties listed for rent in Torquay on OnTheHouse. According to CoreLogic's data, 206 properties were sold in the past 12 months in Torquay.

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Hayden Billan
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Ray White Hervey Bay
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