OFF MARKET

405 Esplanade
Torquay QLD 4655

Bedrooms: 12
Bathrooms: 6
Car spaces: 9
Land area: 2023m2
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Last updated 11 Nov 2024
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Property Details for 405 Esplanade, Torquay

405 Esplanade, Torquay is a 12 bedroom, 6 bathroom Unit with 9 parking spaces. The property has a land size of 2023m2. While the property is not currently for sale or for rent, it was last sold in April 2023.

Building Type
Unit
Land Size
2023m2
Local Government
Fraser Coast Regional
Lot/Plan
56/RP35211

Last Listing description (June 2023)

Coast Apartments is located on the Esplanade in the vibrant beachside suburb of Torquay. This fully refurbished complex is situated directly opposite beautiful sandy beaches and within walking distance to restaurants, cafes, and shopping. Adjacent you will find a family friendly park with BBQ's, covered seating areas and a play park for the kids all set within a beautiful parkland area.

The 6 apartments are all spacious and fully self-contained with security screens, air conditioning, WIFI, kitchen, lounge, dining, bathroom (2 toilets), internal laundry, private balcony, and their own undercover carport. There is easy and secure access to the complex via the Esplanade and sliding gates via Freshwater Street.
A blue-chip investment for the future, opportunities such as this are best described as rare.

Highlights Include:
- 2023m2 allotment with 2 street frontage
- Zoned "Residential Medium Density"
- 6 x 2-bedroom self-contained and fully renovated apartments
- Un-renovated house at the rear
- Under cover parking for cars and room for trailer and boat
- Lush, tropical setting, saltwater in ground pool
- Strata works in place and completed
- Development Permit has been granted from Fraser Coast Regional Council for a Multiple Dwelling
(additional 6 apartments where the house is located)
- Property memorandum available upon request

Representing a fantastic opportunity for investors and developers alike. An opportunity rarely available in Hervey Bay with an approved Development permit in place - Contact exclusive listing agent Kim Carter for more information.

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Property History for 405 Esplanade, Torquay, QLD 4655

A timeline of how this property has performed in the market
Last Sold
$3,200,000
12 Apr 2023
Listed for Rent
$2.25k/w
27 Jan 2022
  • 04 Jun 2023
    Listed for Sale Offers Over $2,950,000
  • 12 Apr 2023
    Sold for $3,200,000
  • 22 Dec 2022
    Listed for Sale Offers Over $2,950,000
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