490 Esplanade, Torquay QLD

For Sale



    Positioned in a major tourist area of Hervey Bay + zoned high density = the ideal development site!

    This DEVELOPMENT opportunity is currently operating as permanent rentals and has the capacity to extend on the high density zoning potentials. Boasting highly sought-after Esplanade frontage, the position includes sea views, a brief stroll to cafes and other restaurants. Current earnings for the investment are approx. $60,000 P.A and include the following features:

    - 2,032m2 of Prime Land, with Esplanade frontage
    - Located on beautiful Shelly Beach
    - Formally DA Approved for 10 Units (Drawings available on request)
    - Offering a current real return on investment
    - Two-street frontage facilitates zoned for high-density development
    - Back-street entry maximises sea-views and use of prime location

    Owners have advised they are keen to sell, and will appreciate all reasonable offers.