435 Esplanade Torquay QLD 4655

Absolute prime position directly opposite beachfront reserve
Potential high rise mixed commercial residential development to 6 storeys (STCA)
Uninterrupted ocean views from upper levels
4 Fraser Street- site area: 343 sqm
435 Esplanade - site area: 1,012 sqm
Both properties fall within the ‘High Density Residential Zone
Fully leased complex of 4 apartments and car sales yard
Hervey Bay is located a comfortable three and a half hours drive or 45 minute flight north of Brisbane.
Hervey Bay/Fraser Coast Region: whale watching capital of the world and one of Queensland’s fastest growing areas with forecast population growth of 38% to 144,835 by 2036
Combined Net Income: $56,059 pa + GST