Property Details for 1/4 Park Lane, Torquay
1/4 Park Lane, Torquay is a 3 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1980. While the property is not currently for sale or for rent, it was last sold in February 2024.
Last Listing description (February 2024)
AN AMAZING LOCATION IN OLD TORQUAY!!
AUCTION: SATURDAY 17th FEBRUARY 2024 @ 12.30pm
This charming 3-bedroom beach residence is ideally positioned just steps away from the pristine waters of Torquay Surf Beach, Front Beach, and Point Danger Marine Park. A leisurely stroll along the picturesque foreshore takes you to Torquay's main shopping area, cafes, and restaurants.
Nestled in the heart of the 'Old Torquay', this single-level home offers a delightful living experience. The well-designed floor plan features a bright and spacious open-plan kitchen, dining, and lounge area. A cozy open fireplace, adorned with a feature hearth, adds warmth to the space, complemented by built-in cupboards and a bookcase. The kitchen boasts ample storage and a Bosch electric induction cooktop.
Two of the three generously sized bedrooms come with built-in robes and share a family bathroom. The laundry, equipped with excellent cupboard space, completes the thoughtfully laid-out design. Step into the rear of the property to discover a sun-filled north/east facing grassy yard, accessible through the laundry. Parking is a breeze with a double lock-up garage providing space for two cars.
Situated on a low maintenance 342m2 approx. allotment, this beach home is an ideal coastal retreat for weekend getaways, a permanent sea change, or a lucrative investment opportunity. Conveniently located near transport links, schools, and leisure facilities, 1-4 Park Lane is a rare opportunity to own a property with an authentic "Old Torquay" address.
Don't miss out-call today to secure your piece of coastal paradise!
Property History for 1/4 Park Lane, Torquay, VIC 3228
- 17 Feb 2024Sold for $1,450,000
- 15 Jan 2024Listed for Sale AUCTION - Contact Agent
Recent sales nearby
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About Torquay 3228
The size of Torquay is approximately 34.5 square kilometres. It has 24 parks covering nearly 13.6% of total area. The population of Torquay in 2016 was 13258 people. By 2021 the population was 18534 showing a population growth of 39.8% in the area during that time. The predominant age group in Torquay is 40-49 years. Households in Torquay are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Torquay work in a professional occupation.In 2021, 75.70% of the homes in Torquay were owner-occupied compared with 73.40% in 2016.
Torquay has 11,422 properties. Over the last 5 years, Houses in Torquay have seen a 13.16% increase in median value, while Units have seen a 19.05% increase. As at 31 March 2026:
- The median value for Houses in Torquay is $1,276,365 while the median value for Units is $907,769.
- Houses have a median rent of $750 while Units have a median rent of $650.
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