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2 Gilbert Street, TorquayAUCTION - Contact Agent
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2 Gilbert Street

Torquay, VIC 3228, Australia
Auction
441 m²

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About this property

AUCTION: Friday 9th February 2024 @ 11am On Site Discover the unparalleled potential of this vacant commercial 441m2 (approx.) allotment, strategically located just steps away from Torquay's picturesque esplanade. With 2 Titles and situated in a vibrant Gilbert Street shopping precinct, this property offers a once in a lifetime opportunity for savvy investors and entrepreneurs alike. With mixed-use zoning, unlock the full potential of this property with its Commercial One zoning, allowing for a myriad of development options. Build a combination of residential living spaces on the upper levels, offering the potential of breathtaking coastal views, while utilizing street-level space for commercial ventures. Whether you envision a boutique residence with commercial spaces below or wish to establish your business in a thriving coastal location, this allotment caters to diverse development ideas. The freedom to design and create is yours! Join the Gilbert Street shopping precinct, a thriving hub of commerce and community activity. Benefit from excellent foot traffic and position your business in an area known for its vibrancy and local charm. Seize the chance to shape your vision in one of Torquay's most coveted locations. Whether you're an astute investor, a visionary developer, or an aspiring business owner, this vacant commercial allotment is a canvas waiting for your masterpiece. Don't miss out on this rare opportunity to make your mark in the heart of Torquay's bustling community. Act now and turn your dreams into reality!

Property Details

Property Type
land
Listing Type
For Sale
Land Area
441 m²
Listed
3 months ago

Repayment calculator

$6,411/month
$3,206 /fortnight
Loan $1,058,000 at 6.10% over 30 years

Price estimated from comparable nearby — edit below to use your own number

Upfront costs

Deposit$264,500
Stamp duty$72,738
Conveyancing (est.)$2,000
Total upfront$339,238
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Torquay

This land in Torquay, VIC 3228 sits within reach of public transport, local shops and nearby schools.

Schools near Torquay

  • Lisieux Catholic Primary Schoolprimary · Prep-6 · CoEd
  • St Therese Schoolprimary · Prep-6 · CoEd
  • Torquay Coast Primary Schoolprimary · Prep-6 · CoEd
  • Torquay P-6 Collegeprimary · Prep-6 · CoEd
  • Surf Coast Secondary Collegesecondary · 7-12 · CoEd

What's nearby

  • Unnamed (bus)1.0 km away
  • Lochard Drive Convenience Store1.7 km away
  • Deep Creek Nature Reserve1.5 km away
  • Unnamed2.1 km away
  • Unnamed2.3 km away

Torquay at a glance

Full suburb profile
Population
18,534
Median age
39
Household income
$2,295/wk
Median rent
$500/wk
Median mortgage
$2,167/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Torquay price trend

Median sold · House 4 bed

Compound growth -2.0% / yr over 4 yrs

$1.26mcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

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