302/89 Landsborough AvenueScarborough QLD 4020
Property Details for 302/89 Landsborough Ave, Scarborough
302/89 Landsborough Ave, Scarborough is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Apartment sold in Scarborough in the last 12 months.
Last Listing description (March 2024)
This exceptional dual-key apartment is situated in the heart of Scarborough Village, offering captivating water views and generating an impressive income of over $48,000 for the 2022-2023 financial year (excluding body corporate fees, rates, water, and electricity).
Positioned in a prime location, it's just steps away from cafes, a grocery store, medical facilities, the beach, and parks, promising an enviable lifestyle.
Key Features:
- This apartment features 2 bedrooms, but it offers the flexibility to be configured as a 1-bedroom unit with a full kitchen, open-plan living and dining area, a bedroom, bathroom, laundry, and a balcony; and a 1-bedroom unit with the main bedroom, kitchenette, walk-in robe, and ensuite.
- Enjoy a private balcony with mesmerizing water and park views.
- Both "units" are equipped with split air-conditioning, and the property includes 1 secure car space.
- The complex provides an array of amenities, including a pool, spa, gym, and rooftop BBQ areas with breathtaking 360-degree panoramic views of the Glasshouse Mountains and the Bay.
Whether you intend to live in it, rent it out, or leverage the versatile floor plan for both long-term and short-term rentals, the choice is yours.
The unit is currently part of the holiday letting pool, managed by the on-site manager. Due to its popularity, inspections can be challenging to arrange, so please contact us to schedule a viewing at your earliest convenience.
Property History for 302/89 Landsborough Ave, Scarborough, QLD 4020
- 27 Feb 2024Sold for $727,500
- 26 Nov 2019Sold for $476,000
- 23 Aug 2019Listed for Sale Not Disclosed
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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 4,956 properties. Over the last 5 years, Houses in Scarborough have seen a 81.95% increase in median value, while Units have seen a 91.02% increase. As at 31 October 2024:
- The median value for Houses in Scarborough is $1,064,401 while the median value for Units is $895,953.
- Houses have a median rent of $635 while Units have a median rent of $628.
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