401 Esplanade, Torquay, QLD 4655 | Property Value & History | OnTheHouse
 
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401 Esplanade
Torquay QLD 4655

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 799m2
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Property Details for 401 Esplanade, Torquay

Building Type
Commercial
Land Size
799m2
Local Government
Fraser Coast Regional
Lot/Plan
2/RP85276

Last Listing description (March 2010)

ICONIC ICE CREAMERY IN THE BAY
A FANTASTIC OPPORTUNITY TO PURCHASE A LANDMARK ICE CREAMERY SITUATED ON THE BUSIEST SECTION OF THE ESPLANADE IN TORQUAY. THIS STORE WHICH HAS SUPPLIED TOURISTS AND LOCALS ALIKE FOR OVER 25 YEARS IS IN AN IDEAL CORNER SPOT WITHIN METRES FROM THE BEACH AND CONVENIENTLY POSITIONED BETWEEN RESTAURANTS, MOTELS, BACKPACKER HOSTELS AND OTHER TAKE AWAY OUTLETS.
AS WELL AS PROVIDING AN EXCITING ICE CREAM MENU THE STORE WHICH HAS 70 SQ METRES OF SPACE PROVIDES LIGHT MEALS AND BEVERAGES. OUTSIDE SEATING UNDER THE EAVES AND GREAT VEHICLE PARKING RIGHT OUTSIDE COMPLEMENTS ITS CORNER POSITION.

THE CURRENT LEASE EXPIRES IN FEBRUARY 2011 WITH A FURTHER OPTION OF ANOTHER THREE YEARS. THERE IS:-
* HIGH TURNOVER INCREASING ANNUALLY.
* EXCELLENT NET PROFIT.
* GREAT LANDLORD & VERY REASONABLE RENT.
* HIGH WALK BY TRAFFIC.
* STAND ALONE BUSINESS (NOT A FRANCHISE).
* MODERN FRESH FIT OUT.
* A TRUE LIFESTYLE BUSINESS THAT CONTINUES TO DEFY THE
* ECONOMIC DOWNTURN AND GOES FROM STRENGTH TO STRENGTH.
THE OWNERS WHO HAVE BUILT THE BUSINESS TO ITS CURRENT SUCCESS IN THE LAST FOUR YEARS ARE QUITE PREPARED TO REMAIN IN PLACE TO ASSIST THE NEW OWNERS TO TAKE OVER MANAGEMENT EASILY. ALL THE HARD WORK HAS BEEN DONE AND THERE IS NOTHING MORE TO SPEND, SO FOR A COMPLETE BUSINESS PROFILE CONTACT TOM MCLEOD ON 0458 914 873.
ADDITIONAL FEATURE - 3.

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Property History for 401 Esplanade, Torquay, QLD 4655

A timeline of how this property has performed in the market
Last Sold
$385,000
07 Nov 1988
  • 06 Dec 2009
    Listed for Sale 320000
  • 07 Nov 1988
    Sold for $385,000
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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 3,655 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.
There are currently 35 properties listed for sale, and 19 properties listed for rent in Torquay on OnTheHouse. According to Cotality's data, 179 properties were sold in the past 12 months in Torquay.

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