This is a rare Esplanade opportunity, offering two substantial adjoining titles totalling approximately 2,024sqm, with the scale, frontage and coastal outlook to make a lasting impression.
Set directly opposite Hervey Bay's calm waters and patrolled beach, the property commands a broad frontage to the Torquay Esplanade with a prized northerly outlook extending across the bay towards Fraser Island. The location combines beachfront exposure with easy access to shops, cafes, restaurants and boutique shopping all within walking distance. The foreshore path and a selection of established tourism accommodation are also close by.
Zoned High Density Residential under the Fraser Coast Planning Scheme, the land presents genuine scope for a significant residential or mixed-use development, subject to council approval. Torquay's Esplanade is also identified within the planning scheme's tourism node, where the scheme contemplates higher density, well-designed development that takes full advantage of the beachfront setting.
The existing six residential units provide holding income while future plans, design and approvals are considered, giving an incoming owner the flexibility to progress the longer-term potential of the site while maintaining an established income stream.
For developers, the scale and location provide a compelling foundation for a substantial project. For investors, the existing accommodation provides income from day one. For land bankers, it represents the opportunity to secure a sizeable Esplanade holding in a tightly held coastal location with significant future potential.
444 Esplanade, Torquay is only offered in conjunction with the neighbouring 443 Esplanade, Torquay.
HIGHLIGHTED FEATURES:
• Two adjoining Esplanade titles offered together, approx 1,012sqm each and 2,024sqm in total
• Directly opposite the beach with a broad northerly outlook across Hervey Bay with wide street frontage
• High Density Residential zoning under the Fraser Coast Planning Scheme
• Six existing residential units generating holding income
• Substantial development potential, subject to council approval
• Shops, cafes, restaurants and foreshore amenities within easy walking distance
• Significant landholding with multiple potential strategies for development, investment or future redevelopment
Sites like this do not come around twice, contact the office on 07 4128 2188 to arrange your inspection and receive the full information pack.
