7 James Street

Scarborough QLD 4020

Security screens and windows
809m2 parcel of land
Garden shed, laundry off carport
Solar electric system on flats 1 and 3
Brick cladding and iron roof
Electric hot water system
No body corporate
Moreton Bay Council rates: $1,095.80/Qtr
Unity Water rate: $1,128.46/Qtr
25 minutes to Brisbane Airport
An exceptional opportunity awaits the discerning buyer and astute investor on this property with 3 flats under one title. Zoned as 'mixed residential' with multi-unit dwelling and wide road frontage. Situated on a popular location and within short walking distance to the fantastic blue waters of Moreton Bay, it offers not only the golden opportunity for significant capital growth in the future, but also the potential of good holding income.
Known for its thriving seafood industry centred upon the Scarborough Boat Harbour and perfectly located just a few minutes from the Scarborough Village lifestyle precinct, this property is very close to every conceivable service including private and public schools, medical, nursing homes, retirement villages, sports venues, themed playground, shopping centres, pubs, clubs, restaurants, and cafes. The upcoming railway rail station in Kippa-ring will act as the catalyst for growth and become the hub of new development in the region.
An absolute must to inspect, this unique 3 self- contained flats set itself apart from others with features as follows:
Flat 1:
2 bedroom, 1 toilet, kitchen with gas stove and rangehood, split-system aircon and ceiling fan in lounge, wooden polished timber floors, verandah in front, solar electric system and recently painted.
Tenanted until Nov 2016 at $300/week
Flat 2
2 bedroom, 1 toilet, kitchen with electric stove and rangehood, polished timber floors, ceiling fan
Tenanted until Feb 2017 at $245/week
Flat 3
2 bedroom, 1 toilet, kitchen with gas stove, carpet floors throughout, ceiling fan in lounge, solar electric system
Tenanted until Jan 2017 at $280/week
Live the dream and enjoy the lifestyle of coastal living now or add to your investment portfolio. This is an exceptional opportunity to consider. Call Lolit now for your private inspection.