302/89 Landsborough Ave, Scarborough is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2005. The property has a land size of 129m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in February 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.
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 5,069 properties. Over the last 5 years, Houses in Scarborough have seen a 95.67% increase in median value, while Units have seen a 96.82% increase. As at 31 May 2026:
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