290 Torquay Terrace, Torquay, QLD 4655 | House for sale | OnTheHouse
 
FOR SALE
Under Offer By Eli Winger!

290 Torquay Terrace
Torquay QLD 4655

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 1012m2
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Demolish, Develop or Capitalise - Prime 1,012m2; High Density, Beachside Opportunity

Positioned in one of Hervey Bay's most sought-after coastal precincts, 290 Torquay Terrace, Torquay presents a rare opportunity to secure a high-density residential allotment in an exceptional lifestyle location. Offering significant development potential alongside an existing character residence, this is a property that combines immediate functionality with outstanding long-term prospects.
Whether you are a developer seeking your next project, an investor looking to secure a premium landholding, or a purchaser wishing to enjoy the existing home while planning for the future, this versatile offering provides exceptional flexibility in a tightly held beachside setting.
Zoned High Density Residential, the property presents exciting redevelopment possibilities, subject to the necessary council approvals. As opportunities to acquire well-positioned development sites close to the coastline become increasingly limited, this represents a compelling investment in one of the Fraser Coast's most desirable growth corridors.
Occupying the site is a charming residence, originally constructed circa 1950, offering comfortable accommodation with character and timeless appeal. The home provides immediate liveability and rental potential, while also presenting scope for renovation or refurbishment, allowing purchasers to maximise the property's value while considering future plans.
Perfectly positioned to embrace the renowned Torquay lifestyle, the property is only a short stroll from the beach, the picturesque Esplanade and an excellent selection of cafés, restaurants and boutique retail. Major shopping centres, supermarkets, medical facilities, schools and public transport are all within close proximity, ensuring exceptional convenience for both residents and future occupants.
Property Features
• Prime High Density Residential zoned allotment offering exceptional redevelopment potential (STCA)
• Rare opportunity to secure a premium development site in one of Hervey Bay's most sought-after coastal suburbs
• Premium coastal landholding in one of Hervey Bay's most established and tightly held suburbs
• Existing residence with three well-sized bedrooms, additional multi-purpose room and spacious living and dining area
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Property Details for 290 Torquay Tce, Torquay

290 Torquay Tce, Torquay is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 1012m2. The place is currently for sale with Ray White Hervey Bay.

Building Type
House
Land Size
1012m2
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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 3,719 properties. Over the last 5 years, Houses in Torquay have seen a 77.67% increase in median value, while Units have seen a 110.66% increase. As at 31 July 2026:

  • The median value for Houses in Torquay is $808,314 while the median value for Units is $616,276.
  • Houses have a median rent of $595 while Units have a median rent of $490.
There are currently 80 properties listed for sale, and 20 properties listed for rent in Torquay on OnTheHouse. According to Cotality's data, 190 properties were sold in the past 12 months in Torquay.

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Eli Winger
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Ray White Hervey Bay
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