109 Prince Edward ParadeScarborough QLD 4020
Property Details for 109 Prince Edward Pde, Scarborough
109 Prince Edward Pde, Scarborough is a 6 bedroom, 3 bathroom Unit with 3 parking spaces and was built in 2003. The property has a land size of 716m2 and floor size of 216m2. While the property is not currently for sale or for rent, it was last sold in September 2025. There are other 6 bedroom Unit sold in Scarborough in the last 12 months.
Last Listing description (April 2026)
There are few opportunities left like this in Scarborough. Positioned just metres from the glistening waterfront and set on a commanding 716m corner block, 109 Prince Edward Parade offers immediate income, future flexibility, and untapped development upside - all in one of North Brisbane's most desirable coastal postcodes.
This is the kind of property you'll look back on in 10 years and wish you'd bought.
Prime Coastal Location & Lifestyle
- Elevated Corner Allotment - With dual street frontage and leafy street appeal, the position offers excellent design flexibility and natural light, with Unit 1 demanding beautiful ocean views.
- Walkable Lifestyle - Minutes to schools, restaurants, parks, and walking paths - a tightly held pocket favoured by both locals and developers.
Rare Multi-Income Investment
- Three Separate Flats - Each residence offers 2 bedrooms, 1 bathroom, and a dedicated car space, ideal for steady income or future reconfiguration.
- Live-In or Lease-Out - With vacant possession available, buyers can move into one flat while leasing the others, or rent all three for maximum yield.
- Low Supply, High Demand - Scarborough's rental market is booming, with low vacancy and high competition for well-located homes near the water.
Development Potential & Zoning Upside
- Next Generation Neighbourhood Zoning - Allowing for buildings up to 12m in height (subject to council approval), unlocking significant redevelopment potential.
- Flexible Use Options - Continue to lease as-is, renovate to elevate returns, or design a landmark project in a blue-chip location.
- Scarborough's Growth Story - Strong capital gains, increasing demand, and ongoing gentrification continue to drive interest in high-quality coastal assets.
Solid Foundations & Future Security
- Durable Brick Construction - A classic build with minimal maintenance required, ideal for long-term investors or developers holding for the right timing.
- Easy Management - No body corporate, no lifts or shared services, and separate meters, providing simplicity and control.
- Diverse Appeal - From owner-occupiers looking to secure their slice of Scarborough to developers eyeing a coastal project, the site suits a wide array of buyers.
A Trophy Site with Options
Whether you're looking to:
- Landbank in a high-growth coastal corridor,
- Generate income while you plan your build,
- Or create a boutique development just steps from the bay
This is one of those rare chances where position, zoning, and income all align.
Property History for 109 Prince Edward Pde, Scarborough, QLD 4020
- 24 Sep 2025Sold for $2,200,000
- 15 Mar 2025Listed for Sale FOR SALE
- 26 Aug 2024Listed for Sale Auction
Recent sales nearby
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About Scarborough 4020
The size of Scarborough is approximately 3.3 square kilometres. There are 8 parks, covering nearly 6.2% of the total area. The population of Scarborough in 2016 was 8705 people. By 2021 the population was 9178 showing a population growth of 5.4% in the area during that time. The predominant age group in Scarborough is 60-69 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 2021, 64.80% of the homes in Scarborough were owner-occupied compared with 60.00% in 2016.
Scarborough has 5,063 properties. Over the last 5 years, Houses in Scarborough have seen a 90.34% increase in median value, while Units have seen a 94.77% increase. As at 30 June 2026:
- The median value for Houses in Scarborough is $1,441,301 while the median value for Units is $1,106,418.
- Houses have a median rent of $698 while Units have a median rent of $628.
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