Back 164 Torquay Road
Off Market

164 Torquay Road

Scarness QLD 4655

11
6
8
1740 m²
Block of units
Last sold for $600,000
Andrew StevensAndrew Stevens, last sold this property on 26 November 2017 after 846 days on market.

Overview

Potential Development, Investment With Great Return

Huge Potential Awaits! Just two streets from the beach, cafes, shops and clubs on a freehold 1,740m2 high density site, (single title no Body Corporate fees) in the heart of Hervey Bay. In an area surrounded by town houses and unit blocks this is an investment too good to pass up. Offering 6 Units in total consisting of: 5 x 2 bedroom units, 1 bathroom and one car accommodation. 1 x 1 bedroom unit, 1 bathroom and one car accommodation. all with current long term tenants producing a strong rental return. This block has plenty to offer either by leaving as it is, offering great instant income or maybe this could be your next big re-development. Have a look at 23 Freshwater Street directly behind also listed for sale by myself and why not purchase both properties, this site then has double the opportunity with two street access.

Features

11 bedrooms
6 bathrooms
8 carspaces
1740 m² lot size
Block of units

Estimated Value

We need at least 3 similar 11 bedroom block of units sold in Scarness over the last 12 months.

Property history for 164 Torquay Road

2017
Sold
$600,000
26 Nov 2017 by Andrew Stevens, of PRD Hervey Bay

Happy sellers in Scarness

91%
91% of sellers in Scarness reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 33 reviews in Scarness over the last 12 months.

Local market activity for 11 bedroom block of units in Scarness

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