128A Colyton Street, Torquay, QLD 4655 | Land for sale | OnTheHouse
 
FOR SALE
OFFERS FROM $460,000

128a Colyton Street
Torquay QLD 4655

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 500m2
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BUILD ONCE. BENEFIT TWICE

Rare Dual-Income Opportunity in Central Torquay
Why buy a block of land when you can buy a head start?
Positioned in one of Hervey Bay's most central and family-friendly locations, this newly created and cleared 500sqm allotment offers a rare opportunity to build a modern home while creating a future income stream through an approved granny flat.
Included with the sale are thoughtfully designed concept plans for a contemporary 3-bedroom, 2-bathroom residence with street frontage, together with approved 1-bedroom granny flat plans complete with structural engineering, energy efficiency certification and boundary relaxation approval already in place.
For investors, this is an opportunity to create dual income from a single property. For owner-occupiers, it offers the flexibility to generate supplementary rental income, accommodate extended family, or create a private space for guests while helping offset mortgage repayments.
With much of the planning work already completed, buyers can fast-track their building journey and focus on bringing their vision to life.
Located just two blocks from Sandy Strait State School and Urangan State High School, and only minutes from beaches, sporting facilities, the aquatic centre, shopping precincts and Hervey Bay Airport, the location combines lifestyle, convenience and long-term investment appeal.
Property highlights:
• Newly created and cleared 500sqm allotment in sought-after Torquay
• Fully fenced with retaining wall already completed
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Property Details for 128a Colyton St, Torquay

Building Type
Land
Land Size
500m2
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About Torquay 4655

The size of Torquay is approximately 4.3 square kilometres. There are 15 parks, covering nearly 13.0% of the 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 3,701 properties. Over the last 5 years, Houses in Torquay have seen a 84.08% increase in median value, while Units have seen a 112.03% increase. As at 30 June 2026:

  • The median value for Houses in Torquay is $822,665 while the median value for Units is $622,310.
  • Houses have a median rent of $580 while Units have a median rent of $500.
There are currently 75 properties listed for sale, and 18 properties listed for rent in Torquay on OnTheHouse. According to Cotality's data, 186 properties were sold in the past 12 months in Torquay.

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Brad Mitchell
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Gavin Fletcher
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Carter Cooper Realty
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