Back 348 Esplanade
Off Market

348 Esplanade

Scarness QLD 4655

2849 m²
Land
Last sold for $1,350,000
Hayden BillanHayden Billan, last sold this property on 16 August 2026 after 2 days on market.

Overview

Prime 3,658m² Esplanade Development & Investment Opportunity - Dual Street Access

Sold in Conjunction With 10 Queens Road, Scarness. An exceptional coastal holding in the heart of Hervey Bay, this rare dual-property offering at 348 Esplanade and 10 Queens Road, Scarness presents a remarkable opportunity to secure one of the region's most exclusive development and investment sites. The seller is committed to achieving a sale and welcomes genuine interest in this exceptional coastal opportunity. Comprising a substantial 3,658m²* of High Density Residential zoned land, this premium parcel is offered for sale in one line, delivering scale, flexibility and enormous future potential. Perfectly positioned on the Esplanade and just moments from the pristine shoreline, the site is surrounded by some of the Bay's most renowned lifestyle destinations, including The Beach House Hotel and Enzo's on the Beach, along with an array of cafés, restaurants and boutique retail offerings - all within easy walking distance. With an impressive 20.5 metres* of Esplanade frontage, the property captures prestigious coastal views and provides an extraordinary platform for a landmark development (STCA). The strategic inclusion of 10 Queens Road offers valuable secondary access, creating potential for on-site parking from Queens Road and enabling full utilisation of the Esplanade frontage - a rare and highly advantageous configuration for future redevelopment. Currently generating holding income from two commercial tenancies plus the residence at 10 Queens Road, the property allows investors the flexibility to secure immediate returns while planning for future development. As Hervey Bay continues to grow and evolve, large, high-density sites in premier beachfront positions are becoming increasingly scarce - making this offering not only compelling for today, but strategic for tomorrow. Whether you choose to landbank and benefit from long-term capital growth, create an iconic residential or mixed-use development (STCA), or secure a blue-chip coastal investment with income in place, this outstanding site delivers on every level. 348 Esplanade, Scarness Title: L2 RP62049 & L1 SP328445 Existing Use: Retail Zoned: High Density Residential Land Size: 2,849m² Annual Return: Little Singapore Kitchen & Nail Salon - $67,927 approx. 10 Queens Road, Scarness Title: L4 RP35264 Existing Use: Residential Zoned: High Density Residential Land Size: 809m² Rarely does an opportunity of this scale and calibre become available in such a sought-after Esplanade location. *Approximately **Subject to Council Approval

Features

2849 m² lot size
Land

Estimated Value

Based on this property and similar land plots sold in Scarness over the last 12 months, the estimated median property value of 348 Esplanade is $785k.

Median value
$785k
Estimated value range
$273k - $1.35m
Median days on market
38
Estimated value trend
0%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Scarness. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 348 Esplanade

2026
Sold
$1,350,000
16 Aug 2026 by Hayden Billan, of Ray White Hervey Bay
2026
Sold
Undisclosed
16 Aug 2026 by Hayden Billan, of Ray White Hervey Bay

Happy sellers in Scarness

93%
93% 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 19 reviews in Scarness over the last 12 months.

Local market activity for land plots in Scarness

In the last 12 months, 3 land plots similar to 348 Esplanade, have been sold.

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