301/468 Esplanade Torquay QLD 4655
Property Details for 301/468 Esplanade, Torquay
301/468 Esplanade, Torquay is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2007. The property has a land size of 102m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in October 2024.
Last Listing description (October 2024)
Buying in to beachfront real estate is always a good move for a long term investor, however, buying in to a block of this quality at this price surely is therefore a no brainer!?!
Arguably Hervey Bay's finest resort development to date, Allegra is branded as a 5* Grand Mercure; the apartments and common areas are immaculate and so well maintained with impeccable standards set by the on-site managers and their team.
Income is consistently good and occupancy is high not only from the year round tourist market but also from the ever growing corporate market attracted to this high quality offering.
This particular apartment is on the third floor and opposite the lift offering excellent access. Fully furnished and recently refurbished, the apartment is ready to accept guests and earn you income! It offers a good size balcony and benefits from ocean glimpses.
The complex features a stunning pool and a fully stocked gym with sauna.
* Constructed in 2007 and operating and managed as 5* Grand Mercure Allegra
* Third floor apartment of 102.8sqm
* Two bedrooms and two bathrooms
* One car parking space
* Reverse Cycle ducted air conditioning
* Calacatta Marble bench top
* European stainless steel appliances
* Recently refurbished
* Fully furnished
* Income producing (figures available to bona fide purchasers)
* Full resort amenities inc gym, pool and sauna
* Excellent onsite managers and strong body corporate
All in all this is a superb opportunity to an acquire a high level investment by the beach in one of SE Queensland's hottest suburbs.
Did I mention you can use this apartment to holiday here too!!!
What are you waiting for? Enquire today!
Property History for 301/468 Esplanade, Torquay, QLD 4655
- 12 Oct 2024Sold for $600,000
- 02 Oct 2024Listed for Sale Offers around $600,000
- 29 Aug 2023Transferred for $410,000
Recent sales nearby
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About 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 3,659 properties. Over the last 5 years, Houses in Torquay have seen a 95.45% increase in median value, while Units have seen a 116.75% increase. As at 28 February 2026:
- The median value for Houses in Torquay is $791,185 while the median value for Units is $603,736.
- Houses have a median rent of $570 while Units have a median rent of $505.
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