577 Esplanade Urangan QLD 4655
Property Details for 577 Esplanade, Urangan
Last Listing description (August 2024)
Corner commercial and residential property with great exposure & ocean views in one of the best locations in Hervey Bay offering a fantastic opportunity to purchase a quality commercial building.
577 Esplanade, Urangan offers 4 commercial shops and 5 residential units which have been modernized, furnished and overlooks the water whilst being located only metres away to shopping, cafes, pubs & restaurants.
Hervey Bay is growing at a rapid pace, with many high rise development applications in council. Rental properties are nearly non-existent and the population is growing, This all contributes to a very positive future for the Hervey Bay region.
577 Esplanade features : - Established corner position on the Esplanade in Urangan - Retail on the ground floor - Four shops in total - Five -Two bedrooms units that are modern & furnished - Zoned high density - possibility of redevelopment in the future - 12 parking spots in total (7 undercover) - Walking distance to local shops, cafes, restaurants, parks & pier - Excellent returns from secure tenancies - Land component 1,151m2 Hervey Bay is one of the fastest growing sea side cities in regional Queensland, only 3 hours drive north of Brisbane. With excellent infrastructure in place, such as private & public hospitals, university campus, airport, major shopping centres & an array of restaurants & cafes.
Zoned: High Density Residential
Existing Use: Retail and Residential
Land Size: 1,151m2
Floor Size: 500m2 Approx
Auction: 10am 28th of June 2024
Level 26, 111 Eagle St Brisbane
For further information, a copy of the IM or a private viewing please do not hesitate to contact the listing agents Jacob Cullen, Stephen Kidd or Marie Ashworth today.
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Property History for 577 Esplanade, Urangan, QLD 4655
- 28 Jun 2024Sold for $3,413,000
- 30 May 2024Listed for Sale For Sale Via Public Auction - 28th June 2024
- 21 Apr 2022Listed for Sale 3.2 Million
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0About Urangan 4655
The size of Urangan is approximately 14.0 square kilometres. It has 23 parks covering nearly 12.6% of total area. The population of Urangan in 2016 was 9764 people. By 2021 the population was 10988 showing a population growth of 12.5% in the area during that time. The predominant age group in Urangan is 60-69 years. Households in Urangan are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Urangan work in a community and personal service occupation.In 2021, 66.90% of the homes in Urangan were owner-occupied compared with 60.00% in 2016.
Urangan has 6,656 properties. Over the last 5 years, Houses in Urangan have seen a 95.69% increase in median value, while Units have seen a 103.43% increase. As at 31 January 2026:
- The median value for Houses in Urangan is $794,919 while the median value for Units is $628,714.
- Houses have a median rent of $600 while Units have a median rent of $525.
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