405 Esplanade, Torquay, QLD 4655 | House for sale | OnTheHouse
 
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405 Esplanade
Torquay QLD 4655

Bedrooms: 12
Bathrooms: 6
Car spaces: 9
Land area: 2023m2
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Esplanade Land Holding

Positioned on the Esplanade in the heart of Hervey Bay's premier waterfront precinct, 405 Esplanade combines a proven income-producing complex with significant long-term development potential; a genuine build-on proposition in one of the Fraser Coast's most tightly held waterfront corridors.
The existing complex comprises of six self-contained two-bedroom apartments, featuring a mix of configurations across two levels with air conditioning, security screens and undercover carport parking. Future owner/s have flexibility to lease, occupy or transition suitable apartments to holiday accommodation; operating the asset in a way that suits their strategy. A saltwater in-ground pool and lush landscaping complete the amenity offering. An un-renovated house at the rear presents a clear opportunity for easy expansion.
Cafés, restaurants, shopping and parkland are all within walking distance. Hervey Bay is one of Queensland's fastest growing regions, driven by strong interstate migration, an expanding infrastructure base, and sustained demand from both owner-occupiers and investors. The city's coastal lifestyle, relative affordability, and improving connectivity continue to attract buyers from across Australia seeking both lifestyle and investment opportunities, with the Esplanade positioned as the centre of the city's coastal appeal.
Opportunities to acquire an income-producing beachfront site of this size in Hervey Bay are genuinely uncommon. To arrange a private inspection, contact Callan McCutheon at Raine & Horne Hervey Bay on 0473 620 001.

Property Details for 405 Esplanade, Torquay

405 Esplanade, Torquay is a 12 bedroom, 6 bathroom House with 9 parking spaces. The property has a land size of 2023m2. The place is currently for sale with Raine & Horne Hervey Bay.

Building Type
House
Land Size
2023m2
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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 3,698 properties. Over the last 5 years, Houses in Torquay have seen a 84.27% increase in median value, while Units have seen a 107.79% increase. As at 31 May 2026:

  • The median value for Houses in Torquay is $803,694 while the median value for Units is $599,433.
  • Houses have a median rent of $580 while Units have a median rent of $500.
There are currently 77 properties listed for sale, and 18 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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Tim Wessling
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Callan Mccutcheon
Raine & Horne Hervey Bay
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