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444 Esplanade, Torquay QLD 4655

Auction, Thursday 24th September At 7:00 Pm

House 6 Beds 2 Baths 2 Cars 2024 m²
Listed: 52 days ago
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Overview

This unique beachfront property on Torquay's Esplanade offers an exceptional opportunity for developers, investors and land bankers alike due to its substantial scale and prime location. Spanning just over 2,000 square metres, the combined two adjoining titles provide a significant landholding directly opposite the calm, patrolled waters of Hervey Bay with expansive northerly views stretching toward Fraser Island.

Zoned High Density Residential, the site allows for the possibility of a substantial residential or mixed-use development (subject to council approval). The presence of six existing residential units not only secures immediate holding income but also offers flexibility for phased development or redevelopment, catering to varied investment strategies.

The surrounding area enhances the property’s appeal, featuring convenient access to boutique shopping, cafes, restaurants, and foreshore walkways within a short stroll. These amenities complement the beachfront lifestyle and support potential tourism-related uses, aligned with the precinct’s planning scheme which prioritizes well-designed higher density development that leverages the attractive coastal setting.

This offering is a rare chance to acquire a dominant Esplanade holding in a sought-after coastal location, combining lifestyle advantages with strong future growth potential in a tightly held market.

  • Two adjoining titles totaling approximately 2,024sqm.
  • Broad frontage and prized beach and bay views.
  • High Density Residential zoning supports diverse development options.
  • Existing six-unit accommodation providing income while planning progresses.
  • Proximity to retail and lifestyle amenities enhances resident appeal.

This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Local Market Insights

In Torquay, Quiet Listings observed 153 new houses entering the market over the last 30 days, up from 104 during the previous 30-day period, with an average advertised asking price of $957,451. The property type mix of listed properties is predominantly Houses at 64%, followed by land (20%), and units (7%). The most active agency for houses in the Torquay area is currently Ray White, representing 25% of new listings, followed by Prime Agents Hervey Bay with 24%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.

Change History
  • Auction, Thursday 24th September At 7:00 Pm
  • Auction
Location
Market Insights for Torquay QLD 4655
New Listings (last 30 days)
153
Average price
$957,451
Lowest price
$350,000
Highest price
$2,400,000
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