5/181 Landsborough Ave, Scarborough is a 4 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1993. The property has a land size of 215m2 and floor size of 215m2. While the property is not currently for sale or for rent, it was last sold in August 2023.
Welcome to your dream luxury unit, offering a serene environment, breathtaking water views, and the convenience of being within walking distance to cafes, medical facilities, Scarborough Marina, and sandy beaches. This extraordinary unit combines the spaciousness of a house with a coveted waterfront location you have always envisioned. With three balconies to relax on at different times of the day, you'll be able to enjoy the soothing sea breezes that flow seamlessly through your new home.
Nestled within the tranquil Bayview Heights community, this quiet complex consists of five private apartments, all owner-occupied, ensuring a peaceful and harmonious atmosphere. Please note, there isn't a lift in this complex, so a few stairs required to reach the incredible vantage point, like most things in life the reward feels all the sweeter with a little effort.
Let's delve into the features of this remarkable unit:
Situated at the Northern tip of the Peninsula, this prime location perfectly complements the holiday lifestyle you've always desired. With high demand expected, we urge you not to delay in booking your inspection to secure this exceptional opportunity.
Key Financials
B/C $5,560 per annum
Rates - $535 per Qtr (approx)
Water - $350 per Qtr (approx) - note that there is 1 meter for the complex and the water bill is shared equally between the 5 owners
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:
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