442 Esplanade, Torquay is a 9 bedroom, 4 bathroom House with 10 parking spaces. The property has a land size of 1012m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in November 2004.
Substantial properties on the Esplanade, especially in Torquay, are tightly held. This family-owned property is on the market and being offered for sale. Two street access Esplanade and Cypress St. Zoned High Density Residential.
Substantial holding income is possible from two houses plus a 3 bedroom flat. Estimated combined weekly $1300pw
Location is everything, Torquay, being the tourism centre and with the most desirable beach area in Hervey Bay is undoubtably the next area to go under high rise development. This property is in the absolute premium location.
Dwellings & Other Improvements
From the Esplanade
A lovely 4-bedroom 2-bathroom high set Queenslander enjoying beautiful water views from the front deck.
Under the main dwelling, with its own separate entrance is a fully self-contained 3-bedroom apartment.
A large double garage plus workshop and 2 carports.
Accessible from Cypress St is an old but tidy 2 bedroom cottage with long term tenants
Detached garage.
(21069420)
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 3,595 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:
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