DEVELOPERS!! This is your opportunity to secure a 1052m2 beach front block on The Esplanade in the popular seaside holiday destination of Torquay.
Previous DA approval was granted for a 3 storey 5 apartment complex (concept drawings attached) but with Council recently changing the zoning from medium to high density, there is now the potential to maximise investment return on what could be a stunning development.
Beachfront access directly across the road on the esplanade.
DISCLAIMER - Although Yamba Realty Group Gympie have provided all information related to this property to the best of our knowledge and resources, we shall not be held accountable or responsible for its accuracy. We always recommend all prospective buyers conduct their own independent research and consult their own professionals to conduct their own due diligence before purchasing.
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 3,661 properties. Over the last 5 years, Houses in Torquay have seen a 94.68% increase in median value, while Units have seen a 124.01% increase. As at 31 December 2025:
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