SCARBOROUGH SUPERB DEVELOPMENT SITE
916 M2 DEVELOPMENT SITE WITH EXISTING SHOPS. THERE IS A CURRENT DA FOR 2 SHOPS WITH A TOTAL FLOOR AREA OF 285.3 SQM AND 9 RESIDENTIAL UNITS ( INCLUDING A 3BRM. 224.6 SQM PENTHOUSE) OVER 5 LEVELS. TOTAL RESIDENTIAL FLOOR AREA 1359.8 SQM IN 7X3 BRM AND 2X2 BRM UNITS. THERE WILL BE 19 RETAIL AND 16 RESIDENTIAL CAR PARKS.
THE PROPERTY IS LOCATED ON THE CORNER OF LANDSBOROUGH AVENUE AND ANDERSON STREET AND WHEN DRIVING INTO THE SHOPPING PRECINCT, COMING FROM REDCLIFFE, IT IS THE FIRST COMMERCIAL PROPERTY ENCOUNTERED.
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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