258 Esplanade and 42 Watson Street

Lifestyle, Income & Future High-Density Development Potential A truly rare offering in one of Hervey Bay's most prominent waterfront locations, this unique property package combines a beautifully renovated coastal residence at 258 Esplanade, Pialba with the versatile commercial and residential premises at 42 Watson Street, Pialba. Positioned on a substantial 1,624sqm combined landholding with valuable frontage to both the Esplanade and Watson Street, this property offers much more than a premium coastal lifestyle. Zoned High Density Residential, the site also provides significant long-term development potential, with possible future redevelopment outcomes including multi-level residential development, potentially six storeys or more, subject to council approvals and planning requirements. This is a rare opportunity to secure a blue-chip Esplanade holding where you can: • Live in a beautifully renovated waterfront residence • Generate income from the commercial premises • Receive additional rent from the apartment above • Benefit from dual street frontage • Hold a strategic high-density development site • Position yourself for potential long-term capital uplift Occupying a prime position opposite the sparkling waters of Hervey Bay and within easy walking distance to the Pialba CBD, Point Vernon Hotel, cafés, shopping centres and the beach, this exceptional opportunity offers the perfect balance of lifestyle, income, flexibility and future redevelopment upside. Whether you are seeking a stunning beachfront home with additional income, a live-and-work setup, a strategic investment, or a long-term development holding in a tightly held Esplanade location, opportunities like this are few and far between. 258 Esplanade, Pialba: Experience the allure of coastal living from this beautifully renovated residence positioned on a substantial allotment with an impressive frontage to the Esplanade. As you step through the front door, you are greeted by an expansive interior designed for comfort and effortless living. Showcasing soaring ceilings over three metres high, stunning timber floorboards, plantation shutters throughout and an abundance of natural light, the home embraces its coastal setting while capturing refreshing sea breezes and panoramic ocean vistas. At the heart of the home, the spacious living and dining areas flow seamlessly around a beautiful feature fireplace, creating a warm and inviting space to relax or entertain. The adjoining sunroom and office take full advantage of the magnificent water views, while the expansive front deck provides the perfect place to enjoy your morning coffee overlooking the bay. The master suite offers a private retreat complete with a walk-in robe and large ensuite, while the additional bedrooms are serviced by a stylish family bathroom. Outside, the property features an electric side gate, carport accommodation, a two-bay shed with gazebo, and direct access to the Esplanade. Home Features: - Fully renovated coastal residence - Magnificent ocean views and sea breezes - 1,219sqm allotment with 20m Esplanade frontage - Three bedrooms plus office - Master suite with walk-in robe and ensuite - Sunroom overlooking the waterfront - Expansive entertaining deck with water views - Beautiful timber floorboards throughout - Soaring ceilings over three metres high - Plantation shutters throughout - Feature fireplace - Electric gate and carport - Two-bay shed with gazebo - Access from both Watson Street and The Esplanade 42 Watson Street, Pialba: Situated directly behind the residence, 42 Watson Street adds another valuable dimension to this outstanding offering. The lower level comprises approximately 95sqm of office space, including two private offices, an open-plan work area, reception space, split-system air-conditioning, LED lighting and quality floor coverings. Upstairs, a modern fully furnished two-bedroom unit provides comfortable accommodation, creating the ideal live-and-work arrangement or additional income stream. With undercover and off-street parking available, the property offers flexibility for business owners, investors, consultants, or those seeking dual-income potential. Commercial & Residential Features: - Approx. 95sqm office space - Two private offices plus reception - Open-plan work area - Split-system air-conditioning - LED lighting throughout - Modern fully furnished two-bedroom unit upstairs - Off-street and undercover parking - Ideal live-and-work opportunity - Additional income potential Future Development Potential: The combined 1,624sqm site, dual frontage and High Density Residential zoning create a compelling future development opportunity. While the existing improvements provide immediate lifestyle and income benefits, the longer-term value lies in the site's strategic position and redevelopment potential. With the ability to hold, lease, live in, or generate income from the property now, buyers can secure a rare Esplanade asset while potentially benefiting from future uplift as Hervey Bay continues to grow. This is not just a place to live. It is a strategic landholding in one of Pialba's most important coastal locations. Combining a fully renovated beachfront residence with a commercial premises, residential accommodation and significant future development potential, this exceptional property presents endless possibilities in one of Hervey Bay's most desirable coastal locations. For further information or to arrange your private inspection, contact Exclusive Listing Agents Kim Carter and Glen Winney today.