FOR SALE
Offers Over $1,140,000

3 Urangan Street
Torquay QLD 4655

Bedrooms: 6
Bathrooms: 3
Car spaces: 3
Land area: 1821m2
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Opportunity Awaits

Welcome to 3 Urangan St, Torquay which represents a great opportunity for the savvy investor. Boasting 3 fully let, 2 bedroom units, currently returning over $50,000 per annum. This complex sits on a large 1821m2, north facing block only a very short stroll to pristine beaches, school, shops, transport and the vibrant Torquay shopping centre. This is a blue chip investment for the future and opportunities in the location can best be described as rare.
Highlights include:
• 1821m2 allotment zoned "medium density" with a development permit in place with the Fraser Coast Regional Council for multiple dwellings
• 3 fully let, 2 bedroom units in good condition
• Great elevated, north facing property in a very popular, central location close to all amenities and the beach.
Be quick for this one which represents a great opportunity for investors and developers alike.
Call listing agent Kim Carter Or Brad Mitchell today to book an inspection!

Property Details for 3 Urangan St, Torquay

3 Urangan St, Torquay is a 6 bedroom, 3 bathroom BlockOfUnits with 3 parking spaces. The property has a land size of 1821m2. The place is currently for sale with Carter Cooper Realty.

Building Type
BlockOfUnits
Land Size
1821m2

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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 3,588 properties. Over the last 5 years, Houses in Torquay have seen a 91.86% increase in median value, while Units have seen a 91.75% increase. As at 30 September 2024:

  • The median value for Houses in Torquay is $651,788 while the median value for Units is $481,378.
  • Houses have a median rent of $500 while Units have a median rent of $460.
There are currently 57 properties listed for sale, and 16 properties listed for rent in Torquay on OnTheHouse. According to CoreLogic's data, 197 properties were sold in the past 12 months in Torquay.

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Kim Carter
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Brad Mitchell
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Carter Cooper Realty
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