1/383 Esplanade, Torquay, QLD 4655 | Property Value & History | OnTheHouse
OFF MARKET

1/383 Esplanade
Torquay QLD 4655

Bedrooms: -
Bathrooms: -
Car spaces: 11
Floor area: 172m2
Land area: 172m2
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Property Details for 1/383 Esplanade, Torquay

1/383 Esplanade, Torquay is a 0 bedroom, 0 bathroom Unit with 11 parking spaces and was built in 1987. The property has a land size of 172m2 and floor size of 172m2. While the property is not currently for sale or for rent, it was last sold in October 2021.

Building Type
Unit
Year Built
1987
Floor Size
172m2
Land Size
172m2
Local Government
Fraser Coast Regional
Lot/Plan
1/BUP8110

Last Listing description (June 2026)

On Hervey Bay's busiest and most exclusive thoroughfare, the Esplanade, just metres from the beach, there exists an opportunity to purchase one of the newest, chicest, and most modern businesses on the Fraser Coast, Tannins at Torquay. An opportunity exists to purchase either the Freehold and the Business, or just the Business alone, with sale by Vendor terms being considered - the couple who operate this establishment have had fun setting up this profitable business, but would now like to move onto a new project.

The business occupies 158 sq. m. of freehold shop space fronted by a 107sq. m. courtyard that is leased for 99 years until 2088, at no extra cost. Inside is a very open and well-designed restaurant space, flooded with natural light. It is beautifully decorated throughout, with a professional fit-out and contemporary atmosphere. Over the courtyard, there is a new and fully-approved patio awning, built to exact and high level specifications that provides full shade for all people eating outdoors. The venue is newly refitted throughout, with full commercial kitchen, and seating area both internally and externally, seating approximately 110 patrons. The venue is fully licensed, and has a complete bar.

For all enquiries on this property, please contact the Listing Agent.

Property History for 1/383 Esplanade, Torquay, QLD 4655

A timeline of how this property has performed in the market
Last Sold
$429,000
25 Oct 2021
Listed for Rent
$250k/w
03 Oct 2023
  • 13 Jun 2026
    Listed for Rent - Price not available
  • 30 May 2024
    Listed for Sale $670,000
  • 21 Dec 2022
    Listed for Rent - Price not available
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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 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 82 properties listed for sale, and 17 properties listed for rent in Torquay on OnTheHouse. According to Cotality's data, 186 properties were sold in the past 12 months in Torquay.

Suburb Insights for Torquay 4655

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.