21 Torquay Road,
Pialba, QLD 4655

Hold or Develop. Strong Tenanted Investment - 3 year registrable lease to Law firm, Duffield and Associates Solicitors, commenced in 1 January 2008 at $110,000 plus GST per annum.

Land Area: 2,244m²
Yield: 7.5% per annum
Zoning: Pialba Business Centre;
Build to Six Stories (STCA);
Development Mix: Retail / Offices / Residential.
Motivated Vendor

300 kilometres north of Brisbane, Hervey Bay is the gateway to the Fraser Coast. 21 Torquay Road is centrally positioned in the heart of Hervey Bays central business district within immediate vicinity of professional offices including Centrelink and major retailers including Coles and Woolworths shopping centres.

Further development opportunities are also available. Hervey Bay City Council Plan allows the site to be built to six storeys and would ideally suit a multi-use development comprising ground floor retail, with professional and government offices on mid-levels and residential apartments on the upper levels (subject to council approval). This offering will really appeal to developers who can capitalise on the significant potential in building a multi-use development to six levels high in one of Australia's fastest growing areas.

Motivated Vendor
Additional Details: Full property report available.
Site Area: 2244 m2
Land/Development Area: 2244 m2