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207/89 Landsborough Avenue

Scarborough QLD 4020

2
2
1
128 m²
Apartment
Currently for sale - view listing

Overview

Beachside Living, Lucrative Investment, Coastal Retreat

Welcome to your new coastal retreat at Landsborough Avenue, Scarborough! This exceptional 2-bedroom, 2-bathroom apartment offers a harmonious blend of modern design and comfort, making it an ideal choice for couples and first home buyers. Spanning 128m2, this apartment provides ample space for living and entertaining, with a thoughtful layout that prioritises both functionality and style. The living area, bathed in natural light, flows seamlessly into the dining and kitchen spaces, creating an inviting environment for both relaxation and social gatherings. The kitchen is equipped with stone countertops, abundant storage, and high-quality appliances, perfect for culinary enthusiasts. The master suite features a private ensuite and opens onto the balcony, offering a personal sanctuary. The second bedroom is versatile, with sliding doors that open to the living area, making it adaptable for various needs. The main bathroom is well-appointed, complete with a spa bath and laundry facilities for added convenience. Step outside to the expansive weatherproof balcony with shutters, providing an ideal spot for alfresco dining or simply enjoying the coastal breeze. A secure garage space is also included, ensuring peace of mind for your vehicle's safety. Situated in the vibrant Scarborough community, this apartment complex boasts an array of amenities including a pool, spa, sauna, gym, and a rooftop area that offers breathtaking 360-degree views. With local shops, cafes, medical facilities, and restaurants just steps away, you'll have everything you need at your fingertips. Plus, the stunning Scarborough Beach is right across the road, perfect for morning strolls or weekend relaxation. The average net income for the last 12 months after all OTA Fees, cleaning and commissions is $42000 for the 2 bedroom room type. The occupancy is sitting at 80% for the period. With the average daily rate of $240. There has been a year on year growth of 40% across the full hotel with an expected 15-20% increase this year. With focus on increasing the average daily rate with good growth expected towards the 2032 Olympics based on increased business stay activity for building and preparation. Priced in the average range for this desirable location, this property represents an excellent opportunity to secure a piece of beachside living. Don't miss out on making this exceptional apartment your new home or investment. Contact us today to seize this opportunity! Disclaimer: We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.

Features

2 bedrooms
2 bathrooms
1 carspace
1 garage space
128 m² floor area
Apartment

Property history for 207/89 Landsborough Avenue

2023
Sold
Undisclosed
01 Dec 2023 by Kylie Moore, of Crown Properties
2018
Sold
Undisclosed
Private Sale/Treaty on 23 Nov 2018

Happy sellers in Scarborough

89%
89% of sellers in Scarborough reported that their sale price either exceeded or met their price expectations.

Scarborough stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 43 reviews in Scarborough over the last 12 months.

Local market activity for 2 bedroom apartments in Scarborough

In the last 12 months, 17 two-bedroom apartments similar to 207/89 Landsborough Avenue, have been sold.

This represents a 23% increase in two-bedroom apartments sales when compared to the previous 12 months.

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