'The Quay'- 414-417 Esplanade, TORQUAY (Hervey Bay) QLD 4655

?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) - The property has been held for over 50+ years by one family - Hervey Bay:the fastest growing seaside city in regional Queensland and only 3 hours? drive north of Brisbane - Approximately 80 on-grade lined car parking spaces on the combined properties - Net Income $703,822 pa + GST (Excl. Land Tax) Auction: 11am AEDT, Tuesday 8 December 2020 Venue: Yallamundi Rooms, Sydney Opera House This property is being sold by auction, or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.

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