{"id":156796,"date":"2025-03-07T04:00:00","date_gmt":"2025-03-06T17:00:00","guid":{"rendered":"https:\/\/timesnewsgroup.com.au\/surfcoasttimes\/?p=156796"},"modified":"2025-03-05T21:46:09","modified_gmt":"2025-03-05T10:46:09","slug":"torquay-vacant-block-sells-for-3-55m","status":"publish","type":"post","link":"https:\/\/timesnewsgroup.com.au\/surfcoasttimes\/news\/torquay-vacant-block-sells-for-3-55m\/","title":{"rendered":"Torquay vacant block sells for $3.55m"},"content":{"rendered":"<p>A VACANT block in Torquay close to the beach has been sold at auction, selling for more than $3.5 million.<\/p>\n<p>McCartney Real Estate auctioned the land at 3 Park Lane on Saturday, describing the 1,011sqm block ahead of the auction as &#8220;a rare coastal opportunity with potential ocean views from a second storey&#8221;.<\/p>\n<p>The agency stated the new owner would &#8220;secure a once-in-a-lifetime allotment in one of Torquay&#8217;s most desirable locations&#8221;.<\/p>\n<figure id=\"attachment_156802\" aria-describedby=\"caption-attachment-156802\" style=\"width: 600px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-156802 \" src=\"https:\/\/static.timesnewsgroup.com.au\/prod\/uploads\/sites\/2\/2025\/03\/B07K9431-crowdauct_36143_tn.jpg\" alt=\"\" width=\"600\" height=\"400\" srcset=\"https:\/\/static.timesnewsgroup.com.au\/prod\/uploads\/sites\/2\/2025\/03\/B07K9431-crowdauct_36143_tn.jpg 591w, https:\/\/static.timesnewsgroup.com.au\/prod\/uploads\/sites\/2\/2025\/03\/B07K9431-crowdauct_36143_tn-300x200.jpg 300w, https:\/\/static.timesnewsgroup.com.au\/prod\/uploads\/sites\/2\/2025\/03\/B07K9431-crowdauct_36143_tn-272x182.jpg 272w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><figcaption id=\"caption-attachment-156802\" class=\"wp-caption-text\">The 1,011sqm block is located close to Torquay&#8217;s coast. RIGHT: Some of the crowd watching the auction at 3 Park Lane, Torquay. Ahead of the auction, McCartney Real Estate described the block as a &#8220;once-in-a-lifetime allotment in one of Torquay&#8217;s most desirable locations&#8221;.<\/figcaption><\/figure>\n<p>&nbsp;<\/p>\n<p>More than 60 people attended the auction, which attracted 15 bids.<\/p>\n<p>Auctioneer Geoff Bennett brought the hammer down with a winning bid of $3,550,000, which was at the higher end of the expected price range.<\/p>\n<figure id=\"attachment_156806\" aria-describedby=\"caption-attachment-156806\" style=\"width: 591px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-156806 size-full\" src=\"https:\/\/static.timesnewsgroup.com.au\/prod\/uploads\/sites\/2\/2025\/03\/B07K9407-landblock_43674_tn.jpg?_t=1741171472\" alt=\"\" width=\"591\" height=\"394\" srcset=\"https:\/\/static.timesnewsgroup.com.au\/prod\/uploads\/sites\/2\/2025\/03\/B07K9407-landblock_43674_tn.jpg 591w, https:\/\/static.timesnewsgroup.com.au\/prod\/uploads\/sites\/2\/2025\/03\/B07K9407-landblock_43674_tn-300x200.jpg 300w, https:\/\/static.timesnewsgroup.com.au\/prod\/uploads\/sites\/2\/2025\/03\/B07K9407-landblock_43674_tn-272x182.jpg 272w\" sizes=\"auto, (max-width: 591px) 100vw, 591px\" \/><figcaption id=\"caption-attachment-156806\" class=\"wp-caption-text\">The 1,011sqm block is located close to Torquay&#8217;s coast.<\/figcaption><\/figure>\n<p>&nbsp;<\/p>\n<p>McCartney Real Estate director Tim Carson said the successful bidder was a Torquay property owner who was looking to build his forever home.<\/p>\n<p>&#8220;For us to make the top end of the range, we&#8217;re quite happy.<\/p>\n<p>&#8220;That is arguably the best spot in Old Torquay. Blocks like that just don&#8217;t come up very often.&#8221;<\/p>\n<figure id=\"attachment_156805\" aria-describedby=\"caption-attachment-156805\" style=\"width: 600px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-156805 \" src=\"https:\/\/static.timesnewsgroup.com.au\/prod\/uploads\/sites\/2\/2025\/03\/B07K9410-AuctionMc_71326_tn.jpg\" alt=\"\" width=\"600\" height=\"901\" srcset=\"https:\/\/static.timesnewsgroup.com.au\/prod\/uploads\/sites\/2\/2025\/03\/B07K9410-AuctionMc_71326_tn.jpg 394w, https:\/\/static.timesnewsgroup.com.au\/prod\/uploads\/sites\/2\/2025\/03\/B07K9410-AuctionMc_71326_tn-200x300.jpg 200w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><figcaption id=\"caption-attachment-156805\" class=\"wp-caption-text\">Ahead of the auction, McCartney Real Estate described the block as a &#8220;once-in-a-lifetime allotment in one of Torquay&#8217;s most desirable locations&#8221;.<\/figcaption><\/figure>\n<p>&nbsp;<\/p>\n<p>The auction started at $3 million on a vendor bid and proceeded from there.<\/p>\n<p>&#8220;It was quite tough going early, they really made the auctioneer work for it,&#8221; Mr Carson said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A VACANT block in Torquay close to the beach has been sold at auction, selling for more than $3.5 million. McCartney Real Estate auctioned the land at 3 Park Lane on Saturday, describing the 1,011sqm block ahead of the auction as &#8220;a rare coastal opportunity with potential ocean views from a second storey&#8221;. The agency [&#8230;]<\/p>\n<p><a class=\"btn btn-secondary understrap-read-more-link\" href=\"https:\/\/timesnewsgroup.com.au\/surfcoasttimes\/news\/torquay-vacant-block-sells-for-3-55m\/\">Read More&#8230;<\/a><\/p>\n","protected":false},"author":26,"featured_media":156799,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[7],"tags":[],"post_folder":[],"class_list":["post-156796","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Torquay vacant block sells for $3.55m - Surf Coast Times<\/title>\n<meta name=\"description\" content=\"A prime 1,011sqm vacant block in Torquay sold for $3.55 million at auction. 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