113 Duke St, Scarborough is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 693m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 3 bedroom House sold in Scarborough in the last 12 months.
Welcome to 113 Duke Street, a property with immense potential in the heart of Scarborough. This original 1959-built home presents a unique opportunity for those seeking a triplex potential property with the added advantage of backing onto the charming Tibbits Lane.
THE PROPERTY:
* Triplex Potential: The property boasts the potential for a triplex development, providing an excellent opportunity for investors or those looking to maximize the use of the space. Subject to WAPC and Council approvals.
INVESTMENT HIGHLIGHTS:
* Development Potential: With R40 zoning and a large block size, the property presents an excellent opportunity for a savvy investor looking to capitalize on the development potential.
* Desirable Location: The property's central location near parks, schools, and the beach enhances its appeal, making it an attractive option for future residents.
* Versatility: Whether you choose to renovate the existing structure or explore the potential for a triplex development, this property offers versatility to suit various investment strategies.
Please call exclusive listing agents Rob Walker on 0410 144 211 or Tom Walker on 0450 911 298 for more information.
Disclaimer: Whilst every care has been taken with the preparation of the details contained in the information supplied, believed to be correct, neither the Agent nor the client nor servants of both, guarantee their accuracy. Interested persons are advised to make their own enquiries and satisfy themselves in all respects. The particulars contained are not intended to form part of any contract.
The size of Scarborough is approximately 4.9 square kilometres. It has 17 parks covering nearly 14.9% of total area. The population of Scarborough in 2011 was 14,271 people. By 2016 the population was 15,460 showing a population growth of 8.3% in the area during that time. The predominant age group in Scarborough is 30-39 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, 54.5% of the homes in Scarborough were owner-occupied compared with 56.4% in 2016.
Scarborough has 11,137 properties. Over the last 5 years, Houses in Scarborough have seen a 76.97% increase in median value, while Units have seen a 72.33% increase. As at 31 October 2024:
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