1/404 Esplanade, Torquay, QLD 4655 | BlockOfUnits for sale | OnTheHouse
 
FOR SALE
UNDER CONTRACT

1/404 Esplanade
Torquay QLD 4655

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
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Rare Dual-Income Opportunity – Just Metres from the Beach

A rare and exciting opportunity presents itself with this unique dual-income property, comprising two fully self-contained 2-bedroom units on one title in the Leisure Lee complex. Perfectly located just moments from the beach, shops, restaurants, and cafés, this property offers both strong investment appeal and lifestyle flexibility.
The ground-floor unit has just undergone a renovation, including a brand-new kitchen, while the upstairs unit has been previously renovated. Both units feature air conditioning and come fully furnished, ensuring immediate rental appeal.
The downstairs unit is has an 12 month lease commencing 30/09/25 at $600 per week, with the upstairs unit on a 6 month lease commencing 25/10/2025 at $540 per week – delivering a combined rental income of $1,140 per week. Whether you're looking to invest, live in one and rent the other, or accommodate extended family, this versatile property ticks all the boxes.
Properties of this nature are exceptionally hard to find, and with dual income in such a sought-after coastal location, interest is expected to be strong – contact us today to arrange your inspection and secure this rare opportunity.
- Council Rates & Water: approx $7,000pa
- Body Corporate Levies: approx $6,100pa
- Building and Pest Inspection Report available on request

Property Details for 1/404 Esplanade, Torquay

1/404 Esplanade, Torquay is a 4 bedroom, 2 bathroom BlockOfUnits with 2 parking spaces. The place is currently for sale with Active Agents Hervey Bay .

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About Torquay 4655

The size of Torquay is approximately 4.3 square kilometres. It has 15 parks covering nearly 13.0% of total area. The population of Torquay in 2016 was 6316 people. By 2021 the population was 6533 showing a population growth of 3.4% in the area during that time. The predominant age group in Torquay is 70-79 years. Households in Torquay are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Torquay work in a community and personal service occupation.In 2021, 57.10% of the homes in Torquay were owner-occupied compared with 53.20% in 2016.

Torquay has 3,651 properties. Over the last 5 years, Houses in Torquay have seen a 93.80% increase in median value, while Units have seen a 115.24% increase. As at 31 October 2025:

  • The median value for Houses in Torquay is $732,976 while the median value for Units is $556,294.
  • Houses have a median rent of $550 while Units have a median rent of $500.
There are currently 36 properties listed for sale, and 15 properties listed for rent in Torquay on OnTheHouse. According to Cotality's data, 177 properties were sold in the past 12 months in Torquay.

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Shane Bradbury
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Active Agents Hervey Bay
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