Prime Beachside Opportunity with Exceptional Development Potential

3 Eric Street, Torquay QLD 4655

Expression of Interest
2Bedrooms
1Bathrooms
2Carspace

Welcome to this prime beachside opportunity – a high-potential property offering exceptional lifestyle appeal and impressive development flexibility in one of Hervey Bay's most sought-after coastal locations.

Just one house back from the Esplanade and steps from direct beach access, this property presents a rare chance to secure a tightly held position in a rapidly growing beachside precinct.

Inside, the existing mid-century cement-sheet cottage provides a simple and functional layout, suitable for renovation, rental income, or use as a relaxed holiday base. Whether you enhance the current home or plan for a larger project, the block offers strong potential.

The High Density Residential zoning opens the door to multi-storey development, a luxury coastal residence, or a mixed-use venture (STCA). A future high-set build could capture stunning water views across the bay to K'gari - a standout feature for long-term growth.

Outdoors, you're just a short walk to the beach, cafés, restaurants, shops, parklands, and the popular waterpark. Long held as a family holiday home, the property is now ready for its next chapter in a premium location set for continued growth.

Key Features
High Density Residential zoning with excellent development potential (STCA)
Positioned one house back from the Esplanade
Opportunity for elevated water views toward K'gari
Existing mid-century cottage ideal for renovation, rental, or holiday stays
Walk to beach, cafés, restaurants, shopping, parklands, and waterpark
Long-held and well-loved family holiday home
Close to Hervey Bay Airport with direct interstate flights
Strong future growth with major local projects planned

Key details
Land size (approx.) 506 m2

Obtain a rental appraisal for this property from a property manager expert

Let’s go get your home.

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