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Description: Sold in Conjunction With 10 Queens Road, Scarness.
An exceptional coastal holding in the heart of Hervey Bay, this rare dual-property offering at 348 Esplanade and 10 Queens Road, Scarness presents a remarkable opportunity to secure one of the region's most exclusive development and investment sites. The seller is committed to achieving a sale and welcomes genuine interest in this exceptional coastal opportunity.
Comprising a substantial 3,658m²* of High Density Residential zoned land, this premium parcel is offered for sale in one line, delivering scale, flexibility and enormous future potential. Perfectly positioned on the Esplanade and just moments from the pristine shoreline, the site is surrounded by some of the Bay's most renowned lifestyle destinations, including The Beach House Hotel and Enzo's on the Beach, along with an array of cafés, restaurants and boutique retail offerings - all within easy walking distance.
With an impressive 20.5 metres* of Esplanade frontage, the property captures prestigious coastal views and provides an extraordinary platform for a landmark development (STCA). The strategic inclusion of 10 Queens Road offers valuable secondary access, creating potential for on-site parking from Queens Road and enabling full utilisation of the Esplanade frontage - a rare and highly advantageous configuration for future redevelopment.
Currently generating holding income from two commercial tenancies plus the residence at 10 Queens Road, the property allows investors the flexibility to secure immediate returns while planning for future development. As Hervey Bay continues to grow and evolve, large, high-density sites in premier beachfront positions are becoming increasingly scarce - making this offering not only compelling for today, but strategic for tomorrow.
Whether you choose to landbank and benefit from long-term capital growth, create an iconic residential or mixed-use development (STCA), or secure a blue-chip coastal investment with income in place, this outstanding site delivers on every level.
348 Esplanade, Scarness
Title: L2 RP62049 & L1 SP328445
Existing Use: Retail
Zoned: High Density Residential
Land Size: 2,849m²
Annual Return:
Little Singapore Kitchen & Nail Salon - $67,927 approx.
10 Queens Road, Scarness
Title: L4 RP35264
Existing Use: Residential
Zoned: High Density Residential
Land Size: 809m²
Rarely does an opportunity of this scale and calibre become available in such a sought-after Esplanade location.
*Approximately
**Subject to Council Approval
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