40 Landsborough AvenueScarborough QLD 4020
Property Details for 40 Landsborough Ave, Scarborough
40 Landsborough Ave, Scarborough is a 5 bedroom, 3 bathroom House and was built in 1960. The property has a land size of 405m2 and floor size of 209m2. While the property is not currently for sale or for rent, it was last sold in February 2020.
Last Listing description (September 2021)
1020sqm just metres to the beach! DA for 16 units!
This spectacular opportunity is waiting for the savvy developer to take advantage of the work that's already been done. With a Development Approval in place for 16 units, this one is ready to go.
The DA consists of:
- 9 x 3 Bedroom Apartments
- 3 x 4 Bedroom Penthouses
Located within easy walking distance of Scarborough's cafe and restaurant strip along with Scarborough Beach, this property is the perfect location for your next project. Being set back from Landsborough Avenue on a service road, ng traffic is drastically reduced.
This is one opportunity not to be missed.
Property History for 40 Landsborough Ave, Scarborough, QLD 4020
- 26 Feb 2020Sold for $760,000
- 03 Sep 2019Listed for Sale $865,000
- 18 Jan 2019Listed for Sale Offers Over $949,000
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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 4,949 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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