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Lot 15 Colyton Street, Torquay QLD
Hervey Bay, 4655$ 837,812
Overview
Property ID: LA-10764
- Dual Occupancy
- Property Type
- 4+1
- Bedrooms
- 2+1
- Bathrooms
- 1+1
- Cars
- 225
Details
Updated on Feb 13, 2025 at 09:51 am
Property Type: | Dual Occupancy |
---|---|
Price: | $ 837,812 |
Land Price: | $ 330,000 |
Build Price: | $ 507,812 |
Gross Per Week: | $ 960 |
Gross Per Annum: | $ 49,920 |
Gross Yield: | 5.96% |
Capital Growth 12 Months: | 6.51% |
Capital Growth 10 Year Annualised: | 7.35% |
Vacancy Rate: | 0.70% |
Property Size: | 225 m2 |
Land Area: | 632 m2 |
---|---|
Bedrooms: | 4+1 |
Bathrooms: | 2+1 |
Parking: | 1+1 |
Title Status: | Titled |
Property ID: | 10764 |
SKU: | 1046 |
Description
This stunning dual occupancy house and land package is located in the sought-after suburb of Torquay, QLD. Situated on a generous 632 sqm lot, this 5-bedroom, 3-bathroom, 2-living area, and 2-car parking home offers a fantastic investment opportunity with a high rental yield of 6.10%. The property is designed for modern living, featuring premium inclusions, energy-efficient elements, and an upgraded façade for maximum street appeal. With a fixed-price contract, investors can have complete price certainty, making it an attractive option for those looking for a secure and high-return investment.
Suburb Profile
Torquay, QLD, is a picturesque coastal suburb located in Hervey Bay, Queensland. Known for its stunning beaches, scenic waterfront esplanade, and relaxed coastal lifestyle, Torquay is a popular destination for both tourists and residents. The suburb boasts excellent amenities, including shopping centers, restaurants, schools, and healthcare facilities, making it an attractive location for families and investors alike. With strong rental demand and capital growth potential, Torquay is an ideal location for property investment.
Site Inclusions
- Fixed site costs for price certainty
- Site scrape and balanced cut & fill excavation
- Removal of vegetation and excess spoil
- Waffle pod concrete slab including bulk concrete bored piers
- Sewer and stormwater connection to existing serviceable points
- Electrical mains run-in and water connection from pre-tapped water main
- Retaining walls (if required)
Preliminary Inclusions
- HIA Fixed Price Contract
- QBCC Home Warranty insurance
- Engineers soil report & slab design
- Council building & plumbing application fees
- National Construction Code compliance
- 7-star energy efficiency rating
Internal Inclusions
- Carpet and tiling throughout
- 75mm cushion door stops
- Ceiling heights 2440mm
- Roller blinds to all sliding aluminium windows and doors (except wet areas)
- Integrated concrete slab to Alfresco
- Modern internal color scheme professionally selected
External Inclusions
- Colorbond® Steel Roof with Anticon blanket
- Metal fascia, gutters, and downpipes
- FC sheet to soffit/eave lining
- Aluminium powder-coated windows and sliding doors
- Diamond grill safety screens to opening window sashes and sliding doors
- Colorbond automatic garage door with remote controls
- Broom-finished alfresco slab
Landscaping Inclusions
- Turf, fencing & landscaped garden bed
- 1 x low-maintenance garden bed with mulch
- Exposed aggregate driveway & porch
- 1.8m high timber paling fence to side and rear boundaries
- Wall or post-mounted clothesline
- Builders range letterbox with street number
Electrical Inclusions
- Recessed meter box & sub-board
- LED downlights throughout
- Ceiling fans in all bedrooms and living rooms
- Data and TV points
- Roof-mounted digital TV antenna
- Interconnected smoke detectors
- NBN conduit lead-in
- 5.3kW air-conditioner fitted to each living area
- Hotflo 250L Electric storage hot water system or heat pump
Appliance Inclusions
- 600mm Technika black electric ceramic cooktop
- 600mm Technika stainless steel electric oven
- 600mm Technika stainless steel slide-out rangehood
- 600mm Technika stainless steel freestanding dishwasher
- 20mm Caesarstone benchtops
- Laminated cabinetry with soft-close drawers
- 1¾ stainless steel sink with drainer
- Chrome flick mixer tapware
Upgraded Inclusions
- Upgraded façade for enhanced street appeal
- Semi-frameless shower screens to ensuite and bathroom
- Free-standing bath and frameless mirrors
- Feature stone or brick pier to match the architectural design
Energy Efficiency
- 7-Star Energy Efficiency Rating
- Anticon blanket under Colorbond® roof
- Wall sarking to all external walls
- Energy-efficient appliances and lighting
Warranties
- QBCC Insurance (6-year structural warranty)
- 12-month defect liability period from practical completion
- Manufacturer warranties on appliances (up to 6 years)
This premium dual occupancy house and land package in Torquay, QLD, offers investors a high-yield opportunity with modern inclusions and a fixed-price guarantee. Designed with quality, efficiency, and tenant appeal in mind, this property ensures long-term rental demand and strong capital growth in one of Queensland’s thriving coastal markets.
Investors looking to optimise land use and amplify their investment portfolio will find great value in Dual Occupancy Properties. These properties cleverly accommodate two independent dwellings on a single parcel of land, effectively doubling the potential for rental income.
The design caters to a broad market, including extended families and tenants seeking spacious living options, thereby increasing the property's rental appeal.
The strategic configuration of these properties allows investors to capitalise on the growing demand for versatile housing solutions in both urban and suburban settings.
Disclaimer*
All details shown have been provided by third parties, for full details and inclusions please refer to the land and building contracts.
Address
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SQM Research is an investment research house that specialises in providing accurate research and data to financial institutions, investment professionals and investors.
Aus investment Properties has partnered with SQM Research to provide data across our site to assist investors in making an informed decision.
Capital Growth 12 months, measures the increase in a property’s value over the previous 12 months, indicating how much the investment has appreciated in that timeframe.
Capital Growth 10-year annualised, reflects the average annual increase in a property’s value over the last decade, smoothing out short-term fluctuations to show long-term appreciation trends.
Vacancy Rate, indicates the percentage of properties that are currently unoccupied in that postcode, It’s a key indicator for investors to assess the rental demand.
SMSF Property Investing, when investing inside your SMSF there are some restrictions on how you can purchase investment properties. We use the following information to help navigate the SMSF investment property options.
This property is a single-contract property suitable for an SMSF.