SOLD
Sold on 03 Feb 2024 for $2,400,000

3 Zeally Bay Road
Torquay VIC 3228

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 121m2
Land area: 808m2
Improve this data
Sold By
Tim Carson
McCartney Real Estate
Share
Save

Property Details for 3 Zeally Bay Rd, Torquay

Building Type
Land
Floor Size
121m2
Land Size
808m2
Local Government
Surf Coast
Lot/Plan
1/TP598655

Last Listing description (December 2024)

Colliers is excited to present to the market for sale 3 Zeally Bay Road, Torquay.

With outstanding exposure and foot traffic, 3 Zeally Bay Road presents an excellent opportunity to invest in one of Victoria's most desirable coastal locations.

Offered for vacant possession, 3 Zeally Bay Road comes with an approved permit for a four-storey residential development, making it an ideal investment for developers looking to capitalize on the booming local market.

Key features:
- Permit approved for a four-storey residential development
- Favourable Commercial 1 Zone
- Land area of approximately 808m*
- Over 17 metres* of frontage to Zeally Bay Road
- Walking distance to major retail, hospitality and business providers along Torquay's Esplanade and Gilbert Street precinct
- Walking distance to the beach, walking tracks and Taylor's Park
- Offered with vacant possession

This is your chance to take advantage of the thriving Torquay market and create your own masterpiece in the heart of town. The opportunity provides buyers with the ability to develop residential, retail, medical, allied health or office (STCA) and maximise the outstanding exposure and excellent foot traffic this location has to offer.

Don't miss your chance to be part of Torquay's exciting future!

For further information, please contact Colliers agents Chris Nanni on 0438 306 361, Ben Young on 0407 296 679 or Jackson Carrick on 0428 879 994.

*Approximately.

Show More

Property History for 3 Zeally Bay Rd, Torquay, VIC 3228

A timeline of how this property has performed in the market
Last Sold
$2,400,000
03 Feb 2024
Listed for Rent
$430/w
22 May 2020
  • 19 Dec 2024
    Listed for Sale Contact Agent
  • 03 Feb 2024
    Sold for $2,400,000
  • 09 Oct 2023
    Listed for Sale CONTACT AGENT
Sign in to see more transactions

Commute Calculator

Recent sales nearby

See more recent sales nearby

Similar properties For Sale nearby

See more properties for sale nearby

About Torquay 3228

The size of Torquay is approximately 34.5 square kilometres. It has 24 parks covering nearly 13.6% of total area. The population of Torquay in 2011 was 10,141 people. By 2016 the population was 13,268 showing a population growth of 30.8% in the area during that time. The predominant age group in Torquay is 0-9 years. Households in Torquay are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Torquay work in a professional occupation. In 2011, 72% of the homes in Torquay were owner-occupied compared with 73.4% in 2016.

Torquay has 11,120 properties. Over the last 5 years, Houses in Torquay have seen a 41.57% increase in median value, while Units have seen a 23.32% increase. As at 30 November 2024:

  • The median value for Houses in Torquay is $1,249,213 while the median value for Units is $878,631.
  • Houses have a median rent of $670 while Units have a median rent of $600.
There are currently 20 properties listed for sale, and no properties listed for rent in Torquay on OnTheHouse. According to CoreLogic's data, 394 properties were sold in the past 12 months in Torquay.

Torquay Profile Page

Suburb Insights for Torquay 3228

Visit Torquay profile page
Market Insights
Torquay Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Torquay Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Torquay profile page
CoreLogic Copyright and Legal Disclaimers about Property Data

© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

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.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED