29259479.full
 
Price Guide $1,300,000
Raine & Horne Hervey Bay 07 4128 2188
 
 
Auction Thursday 7:00 pm
June 29
 
Agent Matt Phillips
0400723558
12 Beds 6 Baths 6 Car Spaces

490 Esplanade, Torquay, 4655, Queensland

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:

- 3 × 2 Bedroom Duplexes ( 6 Units in total)

- 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.

The use of this document is governed by the Terms of Use and Privacy Policy of the rh.com.au website. Please go to www.rh.com.au.
Footer bg