4/147 Prince Edward ParadeScarborough QLD 4020
Property Details for 4/147 Prince Edward Pde, Scarborough
4/147 Prince Edward Pde, Scarborough is a 8 bedroom, 6 bathroom Unit with 5 parking spaces and was built in 1980. The property has a land size of 611m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in February 2023.
Last Listing description (April 2023)
The Mews at Scarborough is as a complete block of 4 strata titled residences on a massive 1,229m2 prime site and offers an array of opportunities to the astute investor.
Ideally positioned just a short stroll to the iconic Queens Beach with its expansive sandy stretch of blue water heaven, this outstanding property represents a slice of the emerging Redcliffe Peninsula sought-after lifestyle.
The property currently consists of :
Residence 2 - 1 bed 1 bath 1 car 129m2
Residence 3 - 3 bed 3 bath 2 car 245m2 Private courtyard with pool
Residence 4 - 2 bed 1 bath 1 car 103m2
The well-maintained complex is fully tenanted and currently has a gross return of $1,635 per week which could be substantially increased with renovation.
Unit 3 is a double storey 245m2 residence and was originally built as a main home with Units 1,2 and 4 providing an investment income. It enjoys a separate private leafy position with fully fenced yard, sparkling inground pool and double lock up garage.
The combination of living in a beachside home with the benefit of earning investment income is one of the many options of this unique property. The second option is to renovate and increase investment return.
The large 1229m2 block provides a development opportunity to remove the existing units and utilise the 3-storey zoned area for a brand-new complex.
Close to Scarborough's Public and Private schools, trade college and transport, the beautiful Seaside Village, cafes, restaurants, bike paths, boat ramp and shops, 147 Prince Edward Parade is in one of the best positions on the Redcliffe Peninsula and will ensure an extraordinary long-term investment with its endless possibilities.
Do not miss this opportunity - call Cameron Campbell 0419 785 854 today to organise your private inspection.
Property History for 4/147 Prince Edward Pde, Scarborough, QLD 4020
- 16 Feb 2023Sold for $1,860,500
- 02 Aug 2022Listed for Sale Expressions of Interest
- 05 Oct 2021Sold for $1,800,000
Recent sales nearby
See more recent sales nearby/assets/perm/fstzkkf6ayi6nkege7n73wqewa?signature=442603cc33660f5b37ca184036cf2ef1b112978c2d59df7ef9afe0ae15d9de68){kind=logo}
0
/assets/perm/ukx2jkrkrmi6pghcb4bqdlp2gi?signature=e23884022a1a6403052c8bfa662f8f02594879a36535177daa4b1ab17bb569fa){kind=logo}
0
Similar properties For Sale nearby
See more properties for sale nearby
0
0
0
Similar properties For Rent nearby
See more properties for rent nearby
0
0
0About 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 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 5,066 properties. Over the last 5 years, Houses in Scarborough have seen a 101.21% increase in median value, while Units have seen a 118.10% increase. As at 31 October 2025:
- The median value for Houses in Scarborough is $1,226,560 while the median value for Units is $1,095,431.
- Houses have a median rent of $650 while Units have a median rent of $605.
Suburb Insights for Scarborough 4020
Market Insights
Scarborough Trends for Houses
N/A
N/A
View TrendN/A
N/A
Scarborough Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
