OFF MARKET

444 Esplanade
Torquay QLD 4655

Bedrooms: 6
Bathrooms: 3
Car spaces: 2
Land area: 1012m2
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Property Details for 444 Esplanade, Torquay

444 Esplanade, Torquay is a 6 bedroom, 3 bathroom Unit with 2 parking spaces. The property has a land size of 1012m2. While the property is not currently for sale or for rent, it was last sold in August 2007.

Building Type
Unit
Land Size
1012m2
Local Government
Fraser Coast Regional
Lot/Plan
11/RP35350

Last Listing description (October 2022)

DEVELOPERS!! This is your opportunity to secure a 1012m2 beach front block on The Esplanade in the popular seaside holiday destination of Torquay, Hervey Bay
Qld, with beachfront access directly across the road on the esplanade and a popular swimming beach.
Walking distance to the sailing club, the popular Torquay hotel, shops, cafes and restaurants.

This dual income property includes 2 dwellings with long term tenants in place and a current rental income of $35,000.oo per annum.
Front property features a 2 bedroom cottage with good sized bedrooms, combined lounge dining area, separate bathroom and laundry. The property at the rear of the house is beach house comprising of 4 bedrooms and a two way bathroom.
Land is zoned as high density and Council recently changed the zoning from medium to high density, there is now the potential to maximise investment return on what could be a stunning development.

. High Density Zoning, Development opportunity
. Premium Location right across from the popular Torquay beach
. Flourishing precinct - Restaurants, Shops, Medical Facilities
. Two incoming producing properties
. Currently tenanted - good returns

Median prices are on the rise and vacancy rates are low in the Wide Bay and Fraser Coast regions, so make your move now.
Call Pam for further information. 0401 015 858

Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their enquiries to verify the information contained herein.

Property History for 444 Esplanade, Torquay, QLD 4655

A timeline of how this property has performed in the market
Last Sold
$1,350,000
01 Aug 2007
Listed for Rent
07 Feb 2023
  • 22 Apr 2022
    Listed for Sale Offers over $1,400,000 considered
  • 29 Nov 2018
    Listed for Rent - Price not available
  • 05 Jul 2018
    Listed for Rent $240 / week
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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 3,594 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 47 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.

Suburb Insights for Torquay 4655

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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.