386 Torquay TerraceTorquay QLD 4655
Property Details for 386 Torquay Tce, Torquay
386 Torquay Tce, Torquay is a 8 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1981. The property has a land size of 1562m2 and floor size of 101m2. While the property is not currently for sale or for rent, it was last sold in January 2025. There are other 8 bedroom Unit sold in Torquay in the last 12 months.
Last Listing description (February 2025)
Looking for true dual-living potential and unbeatable value? Look no further! This unique property features two separate dwellings on a sprawling 1562m block, just 1km from the beach - this is your chance to secure a remarkable opportunity which is zoned Multi-Residential.
- The front house includes 3 bedrooms, 1 bathroom, generous open plan living, carport with low maintenance yard.
- The rear house boasts 5 bedrooms, 1 bathroom, generous open plan living, carport and low maintenance yard.
Both homes are updated and have security screens, air conditioners and dishwashers.
Situated in a prime location, this property is close to shops, schools, and all essential amenities, making it convenient for families, tenants, or future buyers.
What makes this property stand out? Its north-facing rear yard overlooks a serene lake, providing stunning views and a peaceful backdrop to enjoy.
The possibilities are endless:
- Create a home for extended family, guests, or tenants to generate extra income.
- Combine and transform: Renovate both dwellings into one expansive family home with breathtaking lake views.
- Rent out both: Generate substantial income from two properties on one title.
- True dual occupancy opportunities like this are a rare find.
- Zoned Multi-residential
Don't miss the chance to secure this property - it's an investment with boundless potential. Act fast, Contact Kim Carter today!
Property History for 386 Torquay Tce, Torquay, QLD 4655
- 24 Jan 2025Sold for $820,000
- 29 Nov 2024Listed for Sale Offers Over $799,000
- 22 Jan 2014Sold for $345,000
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 3,651 properties. Over the last 5 years, Houses in Torquay have seen a 93.80% increase in median value, while Units have seen a 115.24% increase. As at 31 October 2025:
- The median value for Houses in Torquay is $732,976 while the median value for Units is $556,294.
- Houses have a median rent of $550 while Units have a median rent of $500.
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