Positioned in one of Hervey Bay's most sought-after coastal precincts, 290 Torquay Terrace, Torquay presents a rare opportunity to secure a high-density residential allotment in an exceptional lifestyle location. Offering significant development potential alongside an existing character residence, this is a property that combines immediate functionality with outstanding long-term prospects.
Whether you are a developer seeking your next project, an investor looking to secure a premium landholding, or a purchaser wishing to enjoy the existing home while planning for the future, this versatile offering provides exceptional flexibility in a tightly held beachside setting.
Zoned High Density Residential, the property presents exciting redevelopment possibilities, subject to the necessary council approvals. As opportunities to acquire well-positioned development sites close to the coastline become increasingly limited, this represents a compelling investment in one of the Fraser Coast's most desirable growth corridors.
Occupying the site is a charming residence, originally constructed circa 1950, offering comfortable accommodation with character and timeless appeal. The home provides immediate liveability and rental potential, while also presenting scope for renovation or refurbishment, allowing purchasers to maximise the property's value while considering future plans.
Perfectly positioned to embrace the renowned Torquay lifestyle, the property is only a short stroll from the beach, the picturesque Esplanade and an excellent selection of cafés, restaurants and boutique retail. Major shopping centres, supermarkets, medical facilities, schools and public transport are all within close proximity, ensuring exceptional convenience for both residents and future occupants.
Property Features
• Prime High Density Residential zoned allotment offering exceptional redevelopment potential (STCA)
• Rare opportunity to secure a premium development site in one of Hervey Bay's most sought-after coastal suburbs
• Premium coastal landholding in one of Hervey Bay's most established and tightly held suburbs
• Existing residence with three well-sized bedrooms, additional multi-purpose room and spacious living and dining area
• Walking distance to cafes, restaurants, boutique shopping and local conveniences
• Close to major shopping centres, medical precincts, schools and public transport
Opportunities such as this are becoming increasingly difficult to secure. Whether your vision is to unlock the site's full potential or enjoy the existing home while investing in the future, this is an opportunity that deserves your immediate attention.
