418A Esplanade, Torquay, QLD 4655 | Property Value & History | OnTheHouse
 
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418A Esplanade
Torquay QLD 4655

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Bathrooms: -
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Land area: 556m2
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Property Details for 418a Esplanade, Torquay

Building Type
Commercial
Land Size
556m2
Local Government
Fraser Coast Regional
Lot/Plan
2/RP168438

Last Listing description (August 2021)

Prime position on Hervey Bay Esplanade opposite beach
Renewed 5 year lease to 2025 plus option to 2030
Pharmacy established in this location since 2003

Net lettable area of 297 sqm
Development Precinct HDR1 (Hervey Bay Tourism Node): Development potential to 26m (approx. 8 storeys - STCA)
Infinity Pharmacies over 20 outlets plus 9 medical centres in Queensland and Tasmania
Tenants pay all outgoings as per the lease including management fees
Fixed 2% annual rent increases
Freehold 556 sqm site with rear access from the Esplanade
Hervey Bay: the fastest growing seaside city in regional Queensland and only 3 hours' drive north of Brisbane, a world-renowned tourist destination and commercial hub of Fraser Coast region, trade catchment 107,000 plus and 4.3 million visitors annually
Net income $65,128 p.a. (plus GST)

To be sold by Burgess Rawson Investment Portfolio Auction
Tuesday 3rd August 2021 at Yallamundi Rooms, Sydney Opera House

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Property History for 418a Esplanade, Torquay, QLD 4655

A timeline of how this property has performed in the market
Last Sold
$1,312,000
04 Aug 2021
  • 04 Aug 2021
    Sold for $1,312,000
  • 02 Jul 2021
    Listed for Sale Price on Request
  • 10 Oct 1997
    Sold for $400,000
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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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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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