Significant Beachfront Trophy Investment
Description
Substantial 8,915*sqm site
100% Leased to 21 retail tenancies
Net income $703,822*pa + GST (excl. land tax)
- “The Quay” comprising 414-417 Esplanade and 138 Freshwater Street
- Situated in a prime beachfront location in the heart of the Hervey Bay tourism precinct
- Substantial 8,915*sqm site made up of 3 x separately titled adjoining lots
- Combined street frontage of over 80 metres to the popular Esplanade and rear frontage to Freshwater Street of over 100 metres
- 100% Leased to 21 retail tenancies, mostly 5+ year terms
- Retailers include Betta Home Living (HQ), Australia Post, NDIS (Fed. Govt.), medical, cafes, restaurants, wine bar and others
- Net lettable area of 4,422*sqm
- Prized high density tourism zoning with potential to 8 storeys (STCA)
- Hervey Bay: the fastest growing seaside city in regional Queensland and only 3 hours’ drive north of Brisbane
Address
Open on Google Maps-
Address: 414-417 Esplanade, Torquay QLD
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State/county: Queensland
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Zip/Postal Code: 4655
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Area: Fraser Coast
Details
Updated on September 4, 2023 at 3:12 am-
Property ID CECI-3146
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Property Type Retail
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Property Status Sold
Contact Information
All figures and site boundaries are approximate. All information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided. Interested parties must solely rely on their own enquiries and obtain their own independent advice, in order to verify the information.
