Tourism Development Land

On behalf of the vendors - Win Projects are pleased to announce the release of this enviable development opportunity.

Win Projects have been appointed the Exclusive Agent to market this prime site in the lovely beach side suburb of Torquay, Hervey Bay. It is our pleasure in offering for sale Lots 1, 3, 5, 7, 9-11 Truro Street, Torquay, Hervey Bay, Queensland. There is autonomous flexibility as these properties can be sold as one entity or sold individually to suit the Buyer's purposes.

Development Opportunities

As the land is included in the high-density residential zone and the HDR1 Tourism Node precinct, and should all the parcels of land be amalgamated, there is opportunity for a substantial development on the site. The development could include a combination of commercial/retail/hospitality uses on the ground floor with multi story residential above subject to the performance outcomes for the precinct. Alternatively, as there are a number of existing parcels, each parcel could be developed in its own right.

Fraser Coast Regional Council has had in place an Incentives Policy which is aimed at encouraging certain types of development. The current policy has provisions to support development in the Tourist Node Precinct. The Infrastructure Incentives Policy has been reviewed and a new Policy adopted by Council in December 2018 provides for a 100% subsidy of Infrastructure Charges in the Pialba Principal Activity Centre Local Plan Area and the HDR1 Tourism Nodes in Hervey Bay

Hervey Bay is a fast growing coastal city with a population of over 63,000 and over 106,000 in the Fraser Coast Council catchment. It is also a major tourism, destination with world class whale watching and the gateway to World Heritage listed Fraser Island. The city is emerging from a coastal hotspot to now a sophisticated multi layer regional city, with a diverse market. Once a functioning market based on tourism, it is now a multi facilitated employment centre with the health industry being the main employer due to the baby boomer influx.

With large scale investment in recent years by Stockland, Queensland Health, St Stephens Private Hospital, first rate Public and Private Schools, Roads and Infrastructure, Fraser Coast has a solid base to grow, with a projected 37.83% increase in population between 2018 to 2036. The Infrastructure and Statistics show solid growth in both the residential and commercial market.

Contact Win Projects for your Information Memorandum.