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11/386 Esplanade

Torquay QLD 4655

2
1
1
0 m²
Apartment
Currently for sale - view listing

Overview

Esplanade Investment – Furnished 2 bedroom Unit Returning $550 Per Week

An Esplanade address, generous living spaces and a long-term tenant paying $550 per week make this two-bedroom unit an appealing opportunity for investors seeking an established coastal property. Positioned directly opposite a walkway to the beach, the unit offers a lifestyle tenants can appreciate. From a morning walk along the sand to relaxing at home with cooling coastal breezes, the setting is a standout feature. Inside, the spacious living area provides plenty of room to relax and entertain, while the large balcony creates an inviting outdoor space for dining or unwinding. • Esplanade location, directly opposite a walkway to the beach • Long-term tenant currently paying $550 per week • Two generously sized bedrooms with build ins and main with balcony • Spacious airconditioned living area • Large front balcony • Two-way bathroom with a separate bath • Cooling coastal breezes • Secure parking • Fully furnished • Access to a range of amenities including a pool, tennis courts, sauna, spa, and 3 BBQ areas For investors, the existing long-term tenancy offers an established rental arrangement, with the current rent equating to $28,600 gross per year, before expenses. Combining beachside lifestyle appeal with an established rental income, this unit deserves a place on your investment shortlist. This complex offers a resort-style living experience. This is a rare opportunity to secure a great unit in one of the most sought-after locations. Don't miss out on this chance to invest in the coastal dream at Riviera Apartments Hervey Bay arrange your private inspection today.

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
0 m² floor area
Apartment

Property history for 11/386 Esplanade

2021
Rented
Undisclosed
Leased on 13 Apr 2021 by Harcourts Ignite - Childers | Woodgate
2020
Rented
Undisclosed
Leased on 14 Jan 2020 by Harcourts Ignite - Childers | Woodgate

Happy sellers in Torquay

90%
90% of sellers in Torquay reported that their sale price either exceeded or met their price expectations.

Torquay stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 37 reviews in Torquay over the last 12 months.

Local market activity for 2 bedroom apartments in Torquay

In the last 12 months, 7 two-bedroom apartments similar to 11/386 Esplanade, have been sold.

This represents a 16% decrease in two-bedroom apartments sales when compared to the previous 12 months.

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