1/383 Esplanade Torquay QLD 4655
Property Details for 1/383 Esplanade, Torquay
Last Listing description (May 2025)
Welcome to 1/383 Esplanade Torquay, I am proud to present this fully-licensed restaurant and free hold premises on the beachfront in Hervey Bay.
Imagine the possibilities of owning a retail space in such a desirable location. With an impressive 300m2 floor space including the tranquil court yard, this business is Ideal for weddings, functions or the perfect place for customers to unwind from a busy week. The Esplanade in Torquay is known for its vibrant atmosphere, attracting locals and tourists alike. With its proximity to the beach, shops, and other amenities, this property ensures a steady flow of traffic, providing a constant stream of potential customers.
In addition to its excellent location and size, this property also comes with some attractive features. Boasting a new cool room, newly fitted out Kitchen with appliances still under warranty, completely renovated interior that has been furnished and styled with class, and an under ground carpark catering for 10 cars with an additional wine cellar/ storeroom. The inclusion of stock and equipment makes it an ideal business to walk in and start operating.
Whether you're an investor looking for an addition to your portfolio with potential rental income or an aspiring business owner seeking the perfect location, this property ticks all the boxes.
Don't miss out on this incredible opportunity to own your dream lifestyle in the bustling area of Torquay Hervey Bay.
Contact me today on 0418 450 621 to arrange a viewing and secure your spot at the auction.
Property History for 1/383 Esplanade, Torquay, QLD 4655
- 30 May 2024Listed for Sale $670,000
- 21 Dec 2022Listed for Rent - Price not available
- 25 Oct 2021Sold for $429,000
Recent sales nearby
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0About 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 3,657 properties. Over the last 5 years, Houses in Torquay have seen a 95.94% increase in median value, while Units have seen a 115.81% increase. As at 30 November 2025:
- The median value for Houses in Torquay is $750,184 while the median value for Units is $571,707.
- Houses have a median rent of $550 while Units have a median rent of $500.
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