FOR SALE
$100,000 Plus stock

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Torquay QLD 4655

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Tannins Wine Bar in Torquay!

Welcome to 1/383 Esplanade Torquay, I am proud to present this fully-licensed restaurant and free hold premises on the beachfront in Hervey Bay.
Imagine the possibilities of owning a retail space in such a desirable location. With an impressive 300m2 floor space including the tranquil court yard, this business is Ideal for weddings, functions or the perfect place for customers to unwind from a busy week. The Esplanade in Torquay is known for its vibrant atmosphere, attracting locals and tourists alike. With its proximity to the beach, shops, and other amenities, this property ensures a steady flow of traffic, providing a constant stream of potential customers.
In addition to its excellent location and size, this property also comes with some attractive features. Boasting a new cool room, newly fitted out Kitchen with appliances still under warranty, completely renovated interior that has been furnished and styled with class, and an under ground carpark catering for 10 cars with an additional wine cellar/ storeroom. The inclusion of stock and equipment makes it an ideal business to walk in and start operating.
Whether you're an investor looking for an addition to your portfolio with potential rental income or an aspiring business owner seeking the perfect location, this property ticks all the boxes.
Don't miss out on this incredible opportunity to own your dream lifestyle in the bustling area of Torquay Hervey Bay.
Contact me today on 0418 450 621 to arrange a viewing.

Property Details for Contact Agent For Address, Torquay

Building Type
Commercial

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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 3,596 properties. Over the last 5 years, Houses in Torquay have seen a 86.46% increase in median value, while Units have seen a 102.27% increase. As at 31 October 2024:

  • The median value for Houses in Torquay is $646,130 while the median value for Units is $503,178.
  • Houses have a median rent of $500 while Units have a median rent of $465.
There are currently 49 properties listed for sale, and 20 properties listed for rent in Torquay on OnTheHouse. According to CoreLogic's data, 213 properties were sold in the past 12 months in Torquay.

Suburb Insights for Torquay 4655

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Commercial Office
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Tim Wessling
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Raine & Horne Commercial Hervey Bay
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.