SOLD
Sold on 15 Aug 2024 for $820,000

203 Torquay Terrace
Torquay QLD 4655

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2032m2
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Property Details for 203 Torquay Tce, Torquay

Building Type
Land
Land Size
2032m2
Local Government
Fraser Coast Regional
Lot/Plan
5/RP857900

Last Listing description (November 2024)

Developers take note! Opportunities like this don't come along often. Build, develop, subdivide or land bank for the future - the potential is endless!

The option is yours. Land bank for future investment, explore the potential to subdivide or develop or build your dream home within a stones throw from the beach and Esplanade. This property is in a highly sought after position with so much potential being zoned as medium density residential.

Features include:

2,032m2 allotment with double street frontage onto Torquay Terrace & Totness Street
Zoned medium density residential (zoning code available through enquiry to listing agent)
Approx. 19.9m frontage onto Totness Street
Approx. 20.1m frontage onto Torquay Terrace
Approximately 300m from the Esplanade, beach and a range of boutique shops, cafes and restaurants
Dream home site/ subdivision potential, sizeable allotment in sought after location
Possible unit or development site subject to council approvals

This allotment is moments away from all major amenities and is extremely central in the Hervey Bay district. Allotments of this size and potential are becoming extremely scarce. Call Eli Winger today for more information.

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Property History for 203 Torquay Tce, Torquay, QLD 4655

A timeline of how this property has performed in the market
Last Sold
$820,000
15 Aug 2024
  • 15 Aug 2024
    Sold for $820,000
  • 01 Jun 2024
    Listed for Sale UNDER CONTRACT | Contact Agent
  • 24 Dec 2022
    Listed for Sale Contact Agent
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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 40 properties listed for sale, and 15 properties listed for rent in Torquay on OnTheHouse. According to CoreLogic's data, 209 properties were sold in the past 12 months in Torquay.

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Contact agent
Eli Winger
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Call agent
Ray White Hervey Bay
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