214 Scarborough RoadScarborough QLD 4020
Property Details for 214 Scarborough Rd, Scarborough
214 Scarborough Rd, Scarborough is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 407m2 and floor size of 132m2. While the property is not currently for sale or for rent, it was last sold in September 2023.
Last Listing description (October 2023)
Here is one for the Investor looking for a very decent rental return with brilliant, long-term tenants (paying $625 per week on a 2 year lease) already in place. Read further for details.
Located in the ever-popular suburb of Scarborough :
* High-set home in great condition. with a very modern, updated kitchen and family bathroom. The layout comprises an over-sized living area and separate dining area, 3 generous bedrooms PLUS a study area. The upstairs is larger than most and is absolutely perfect for families
* Downstairs is super-practical with an abundance of space. There is parking for several vehicles plus workshop space. A large utility room, perfect for a teenage "hangout", along with a separate toilet & shower in the integrated laundry.
* Located in an elevated position on the high side of the street, providing a lovely district outlook with views towards the D'Aguilar range. The position is perfect for picking up the areas renowned sea-breezes.
* 407m2 block with a fully fenced (front and back) secure yard. The property has secure access with a remote, sliding front gate and beautifully created and maintained gardens.
* Super-close to Scarborough State School, Southern Cross College and in the catchment for Redcliffe High School, all of these are just a short walk away. The nearest beach is Queens Beach Scarborough, Redcliffe Dolphins (Leagues Club, shopping and Stadium) is nearby and its only a short distance to Scarborough Village, walking tracks, beaches and parks. Bus stop is less than 200m from your door. The position here is super-practical.
Information for the Investor/Landlord:
* Long-term, extremely stable tenants are in place having been at the property since 2019. The tenants are green-thumbs and have created and improved the gardens over this period. They are super-tenants with an absolutely "spot-on" history.
* Currently on a long-term lease with 2 years remaining, paying $625 per week
The secret is out. Redcliffe and it's suburbs (Scarborough has always been one of the areas best) are being discovered. This property provides exceptional value as a buy and hold proposition for the future.
Don't wait. This has to be the VERY BEST, simple proposition for an investor looking to enter the Peninsula market. Priced to sell immediately, we know this one won't last. Call to arrange a private viewing today!
Don't wait.
Property History for 214 Scarborough Rd, Scarborough, QLD 4020
- 29 Sep 2023Sold for $743,000
- 19 Sep 2023Listed for Sale $749,000
- 13 Feb 2019Listed for Rent - Price not available
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About Scarborough 4020
The size of Scarborough is approximately 3.3 square kilometres. It has 8 parks covering nearly 6.2% of total area. The population of Scarborough in 2011 was 7,985 people. By 2016 the population was 8,704 showing a population growth of 9.0% in the area during that time. The predominant age group in Scarborough is 50-59 years. Households in Scarborough are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Scarborough work in a professional occupation. In 2011, 57% of the homes in Scarborough were owner-occupied compared with 60% in 2016.
Scarborough has 4,959 properties. Over the last 5 years, Houses in Scarborough have seen a 83.35% increase in median value, while Units have seen a 96.62% increase. As at 30 November 2024:
- The median value for Houses in Scarborough is $1,060,949 while the median value for Units is $914,055.
- Houses have a median rent of $650 while Units have a median rent of $625.
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