Lot #16
Colyton Street Dual Occupancy
Price
$905,732
Suburb Overview: Torquay is a coastal suburb situated in the Hervey Bay region of Queensland. It is part of the Fraser Coast Local Government Area. Known for its beautiful beaches and laid-back atmosphere, Torquay is a popular destination for tourists and locals alike. The suburb offers a mix of residential areas, holiday homes, and accommodation options, catering to both permanent residents and visitors.
Transportation: Torquay is well-connected in terms of transportation options. The main mode of public transportation in the area is buses, with regular services available for commuting within the suburb and to neighboring areas. The suburb is also easily accessible by private vehicles, with the Esplanade and Boat Harbour Drive being the major roads that run through Torquay.
Schools: Torquay offers a range of educational options for families. Torquay State School is the local primary school catering to students in the area. For secondary education, Hervey Bay State High School and other private and public schools are located in the wider Hervey Bay region, providing further educational opportunities for students in Torquay.
Parks and Recreational Areas: Being a coastal suburb, Torquay boasts several parks and recreational areas for residents and visitors to enjoy outdoor activities. Torquay Foreshore is a popular destination, offering picnic areas, playgrounds, walking paths, and direct access to the beach. The suburb also has access to the picturesque Hervey Bay foreshore and the Esplanade, which provide additional recreational spaces and amenities.
Distance from Local Shopping Centers and CBD: Torquay has its own local shopping precinct, including Torquay Central Shopping Centre, which features a supermarket, specialty stores, and dining options. The suburb is also in close proximity to the larger Hervey Bay CBD, where residents can find a broader range of shopping centers, including Stockland Hervey Bay and Pialba Place.
Infrastructure: Torquay has the necessary infrastructure to support its residents. The suburb has access to essential amenities such as electricity, water supply, and telecommunication services. It has medical facilities, including clinics and pharmacies, to cater to the local community’s healthcare needs. Additionally, Torquay offers a range of accommodation options, including holiday resorts, hotels, and caravan parks, to accommodate visitors.
*Please be advised that some lots/units may need confirmation of availability. Kindly ensure to check availability first by emailing or phoning us.*
Do I Qualify?
Eligibility Criteria
The Following Eligibility Criteria Will Apply
- Available for ‘Brand New’ purchases only; including townhouses, apartments & freestanding houses
- Purchase must be made through one of FHBA’s partner’s or a new property provider approved by FHBA
- Your ‘first home loan’ must be arranged through FHBA Mortgages (exceptions may apply)
- The FHBA 50 Rebate is paid in addition to your State’s First Home Owners Grant & Stamp Duty concessions
- Complimentary Insurance Consultation with FHBA Protect to ensure you are protected
- You must agree to the full terms and conditions outlined in our client agreement new homes service before buying
How much is it?
Eligible FHBA first home buyer clients will be entitled to a 50% cash rebate on the total referral fees paid to FHBA (FHBA Pty Limited) from the new home provider you proceed with (should FHBA have a referral agreement with the provider)
The FHBA 50 Rebate will typically range from $2,500 to $12,000 depending on factors such as the property type, property location and property builder.
The rebate will be paid after the full referral fees are received by FHBA from the new homes provider first
Eligible Properties
To be eligible, the property must be from an FHBA new homes provider partner or approved by FHBA first
- House & Land
- Apartment
- Townhouse / Unit
- Display Homes
- Dual Living
- Dual Occupancy
- Duplex
- Studio
Example
A first home buyer couple meet an FHBA Coach and tell the Coach about their desired property. After working out their budget, the Coach show’s them a range of properties from FHBA’s New Homes partners. The QLD couple are interested in a house & land package through an FHBA partnered builder. The builder completes the sale with the client including some custom inclusions. The builder pay’s FHBA an agreed referral fee of $15,000.” “The couple will be entitled to the following government grant and incentives:
| Incentive Type | Amount |
|---|---|
| QLD Govt. FHOG Grant (2016/17 FY) | $20,000 |
| Stamp Duty Payable | NIL |
| FHBA 50 Rebate (50% of $15,000) | $7,500 |
| Total $ Incentives | 27,500 |
Please note that the FHOG and incentives are subject to change.