128A Colyton Street

Rare Dual-Income Opportunity in Central Torquay Why buy a block of land when you can buy a head start? Positioned in one of Hervey Bay's most central and family-friendly locations, this newly created and cleared 500sqm allotment offers a rare opportunity to build a modern home while creating a future income stream through an approved granny flat. Included with the sale are thoughtfully designed concept plans for a contemporary 3-bedroom, 2-bathroom residence with street frontage, together with approved 1-bedroom granny flat plans complete with structural engineering, energy efficiency certification and boundary relaxation approval already in place. For investors, this is an opportunity to create dual income from a single property. For owner-occupiers, it offers the flexibility to generate supplementary rental income, accommodate extended family, or create a private space for guests while helping offset mortgage repayments. With much of the planning work already completed, buyers can fast-track their building journey and focus on bringing their vision to life. Located just two blocks from Sandy Strait State School and Urangan State High School, and only minutes from beaches, sporting facilities, the aquatic centre, shopping precincts and Hervey Bay Airport, the location combines lifestyle, convenience and long-term investment appeal. Property highlights: • Newly created and cleared 500sqm allotment in sought-after Torquay • Fully fenced with retaining wall already completed • Shared access arrangement designed to maximise the usable area of the allotment • Concept plans for a modern 3-bedroom, 2-bathroom home with single garage and carport • Approved 1-bedroom granny flat with parking spot plans •Structural engineering, energy efficiency certification and boundary relaxation approval in place for the granny flat • Application for title submitted • Potential to create a supplementary rental income stream • Close to schools, shops, sporting facilities and beaches • Approximately 7 minutes to Hervey Bay Airport With housing demand, rental shortages and flexible living arrangements continuing to shape the market, opportunities that combine lifestyle and future income potential are becoming increasingly difficult to secure. This is more than just vacant land, it's a chance to create a home, an investment and an additional income stream from day one. Enquire today for further information.