This DA approved site is arguably one of the best on offer in Hervey Bay. Premium elevated Esplanade frontage, being only a short walk from the proposed new Town Centre development.

Hervey Bay is undergoing a significant change and is fast becoming a destination of choice for Baby Boomers, Gen X and others seeking to call this area home. This sub- tropical Mecca now offers an enviable lifestyle.

Many apartment buildings constructed 20 years ago no longer cater for the needs and expectations of the many well-established individuals and families looking to establish their home within a boutique apartment building that will offer endless ocean views on The Esplanade. Those making this move often desire to live amongst other like minded home owners, rather than in an apartment building that may have been geared for holiday makers. This DA approved development is set to provide a more boutique apartment offering to satisfy this demand.

This opportunity presents two proposed sites, the Esplanade apartments and the Watson Street apartments. Offered to the market are either one or both opportunities to an astute investor or developer.

The Esplanade Apartments: 

The Esplanade apartments are approved for seven luxury residences over six levels and is designed to meet the gap in the market that exists today.  Each apartment will enjoy expansive views of the Bay and Fraser Island.

• Proposed at ground level (no Basement for lower construction costs) are double lock-up garages for each apartment.
• First and second floors are approved to provide two, generous sized three-bedroom luxury apartments on each level. (Four apartments).
• Levels three, four and five are approved for a full floor sky home on each level. There are two thoughtfully crafted configurations approved that cater for this emerging market.

Watson Street Apartments:

Watson Street is approved for five apartments over three levels with undercover parking.

The design is flexible and offers the developer various options. One option is to cater for the desperate shortage of high-end accommodation for professionals seconded to the area each year.

The unique opportunity for the Developer or Investor is:

• Sale of the entire site to secure both apartment opportunities.
• Sale of either of the two approved sites.
• A joint venture may be considered.

For more information about this opportunity please send your enquiry through today or call Paul Capper on 0466 602 803.