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Scarborough, 124 Mein Street

Impressive development opportunity

Expressions of Interest

  • 9
  • 4
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Listing Number: QAP33558
About this listing
You will not want to miss the opportunity to secure this 1214 sqm development block in one of Scarborough's best locations within walking distance to local cafes and the beach. With DA approval for 16 units, this land will suit those buyers who are not wanting the hassle of DA applications and are ready to just build and sell. The block currently has 4 flats with a combined rental return of $1,035 per week with stable tenants in place. With a solid investment opportunity, you have the option to land bank or build now.

Current configuration:

3 x 2 bedroom, 1 bathroom, 1 car flats
1 x 3 bedroom, 1 bathroom, 1 car flat
Combined rental return of $1,035 per week

Development opportunity:

16 units over 4 storeys with potential beach views in some units
9 x 2 bedroom, 2 bathroom apartments
7 x 3 bedroom, 2 bathroom apartments
29 car spaces
DA is available upon request

Location:

Scarborough is bustling with local trendy cafes & restaurants, parks and beaches and is known for its scenic views across Moreton Bay. It provides a quiet ambience compared to the Redcliffe CBD allowing for a relaxed lifestyle for all ages. If you are not already a local, come and see why this is such a liveable area and why you won't want to leave.

260 m walk to local Cafes & Restaurants
260 m walk to local parks & the beach
300 m to Bus Stop on Landsborough Ave
1.9 km to Scarborough State School
2.7 km to Redcliffe State High School

Call now for more information!
Property Information
  • Land Size: 1214 sqm
  • Property Type: Block of units

Contact Details

Harcourts Pinnacle - Aspley

Shop 9, Aspley Fountain
1344 Gympie Rd
ASPLEY
Office website

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