THE PROPERTY DEVELOPMENT REVIEW
elerating success. Accelerating success.
181 Torquay Road, Hervey Bay QLD 4655
accommodate approximately 70% of the region’s future population growth, reinforcing its position as the primary residential and commercial centre. Key attributes include: • 4,054m²* freehold landholding • Medium Density Residential zoning • 400m* walk to the foreshore • Not impacted by major flood events • Council infrastructure charge discount incentives • Flexible leaseback offering from the owners • Development approval for 28 apartments over three levels (no basement) • Approval allows for staged development • Access to existing service infrastructure • Close proximity to Pialba’s retail, commercial and medical precinct The Expression of Interest campaign closes at 4:00pm on Thursday, 23 April 2026. For further information, including access to the Information Memorandum and due diligence materials, please contact the exclusive selling agents for a confidential discussion.
• 4,054m²* medium density residential zoned site • Stageable resi project (DA approved) • Holding income from successful business Colliers is pleased to offer for sale 181–183 Torquay Road, Scarness (Hervey Bay) via an Expression of Interest campaign. The property is home to the established Woolshed Ecolodge and has a proven track record as a successful hospitality operation within the Hervey Bay tourism market. With the owners willing to consider a flexible leaseback arrangement, the opportunity suits both passive investors seeking holding income and developers looking to capitalise on the site’s approved redevelopment potential. Alternatively, owner operators may continue the existing business while leveraging future development upside. Ideally located within walking distance of Scarness Beach and the foreshore, the site occupies a strategic position between the commercial centre of Pialba and the lifestyle and boating hub of Urangan. The property benefits from a 2024 development approval for a 28 apartment, three level resort style project above a ground level car park. The approved design focuses on cost efficiency and buildability, with apartments arranged around a landscaped pool and recreation area. The Fraser Coast Region has a population exceeding 110,000*, growing at approximately 1% per annum through to 2041. Hervey Bay accounts for around 70,000* residents and is forecast to
Philip O’Dwyer +61 451 419 885
*approx
April / May 2026 – 73
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