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3 Zeally Bay Road, Torquay$2.50m

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3 Zeally Bay Road

Torquay, VIC 3228, Australia

$2.45m – $2.55m

807 m²

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About this property

Rarely does a property like 3 Zeally Bay Road come along. Perfectly positioned opposite Taylor Park and just steps from Torquay's Esplanade and Gilbert Street shopping and business precinct, this is your opportunity to secure a truly prime location. Set on an impressive 807m² (approx.), this Commercial 1-zoned landholding offers endless potential and versatility. The site lends itself perfectly to a range of possibilities from medical or allied health, consulting rooms, and offices to a mixed-use residential development (STCA) all benefiting from high exposure, steady foot traffic, and generous off-street parking. Opportunities of this calibre in iconic Old Torquay are few and far between. Seize the moment and make your mark enquire today!

Property Details

Property Type: land
Listing Type: For Sale
Land Area: 807 m²
Listed: 3 months ago

Repayment calculator

$12,120/month

$6,060 /fortnight

Loan $2,000,000 at 6.10% over 30 years

Upfront costs

Deposit$500,000

Stamp duty$142,500

Conveyancing (est.)$2,000

Total upfront$644,500

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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. It is listed 92% above the $1.30m median of 68 comparable landswithin 5 km.

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) — 944 m away
Lochard Drive Convenience Store — 1.6 km away
Deep Creek Nature Reserve — 1.3 km away
Unnamed — 2.0 km away
Hilltop Reserve — 2.2 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.

Due diligence

Property Report

Future Development

Complete

Torquay is experiencing moderate development pressure driven by its strong tourism appeal as a surf destination and holiday town. Activity is concentrated on foreshore renewal, small-scale hospitality upgrades, and fringe residential subdivisions, with ongoing transport and infrastructure discussions at state level. Council is balancing growth with preservation of the town's character and coastal values.

Nearby projects

Closest

0.3 km

Recent retail/hospitality approvals

Distance from this property is exact (rings = km). Direction is illustrative.

Recent retail/hospitality approvals

0.3 km

Mixed-useUnder construction

Several small-scale café, restaurant and tourism-related DA approvals reflecting strong visitor and local demand in the town centre.

300 m

Torquay foreshore master plan

0.5 km

Mixed-use urban renewalProposed

Planned revitalisation of the surf town's beachfront precinct incorporating retail, hospitality and residential components aligned with Council's destination strategy.

500 m

Beachfront holiday rental precinct

0.8 km

Holiday accommodationProposed

Planning discussions for managed holiday rental precincts to balance tourism demand with residential amenity concerns.

800 m

Bell Street residential subdivision

1.2 km

Residential subdivisionApproved

Multi-stage residential subdivision of approximately 30-50 dwelling sites on the town's northern fringe.

1.2 km

Torquay bypass / transport upgrade

2 km

InfrastructureProposed

State Government investigation into regional transport improvements to manage traffic through the popular holiday and surf destination.

2.0 km

Source: StMate AI — VIC development trends06/05/2026

Disclaimer: This report combines data from Australian Government open data portals (CC-BY 4.0) and StMate AI. For non-NSW properties some sections (zoning, flood, bushfire, development, heritage) are AI-generated based on publicly known suburb characteristics — always verify with the relevant council or authority before making decisions. This report does not constitute legal, financial, or planning advice.

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