Positioned within easy walking distance to the Scarborough waterfront, marina and vibrant café precinct, 76 Fernlea Avenue represents a rare opportunity to secure a full 506m² parcel of land in one of the peninsula's most tightly held and lifestyle-driven locations.
In a market where land close to the bay is becoming increasingly scarce, opportunities like this are being quickly recognised and secured by buyers who understand the long-term value of location, land size and future potential.
Set on a flat, usable block with excellent proportions, this property offers the flexibility to move straight in, lease out, renovate, extend or completely rebuild (STCA). It's this versatility combined with its prime coastal position that makes it such a compelling opportunity.
The existing home provides comfortable, functional living and acts as an ideal holding asset while future plans are considered. Light-filled interiors, polished timber flooring and a practical layout ensure immediate usability, whether for owner-occupiers or investors seeking rental income.
However, the true value here lies beyond the current improvements.
This is a property where buyers can look ahead designing and creating a larger, modern home that fully capitalises on the block size and exceptional location. With strong surrounding sales and continued demand for quality homes near the waterfront, the potential to add significant value is clear.
Outside, the property offers ample space to expand, with room for extensions, outdoor entertaining areas, a pool, additional shedding or a complete redesign of the site. The fully fenced yard and established layout make it easy to visualise future transformation.
What truly sets this opportunity apart is its proximity to the water.
Enjoy the convenience of being able to walk to the Scarborough foreshore, marina, parks, and local dining destinations within minutes. Morning walks along the waterfront, weekend brunch by the bay and easy access to open green spaces become part of everyday life a lifestyle that continues to drive strong demand in this area.
With Scarborough firmly established as one of the Moreton Bay region's most desirable coastal suburbs, properties offering both land and proximity to the water are being tightly held and increasingly difficult to replace.
For investors, this is a strategic acquisition in a high-demand coastal market with strong rental appeal and long-term growth fundamentals. For owner-occupiers, it's an opportunity to secure your position now and upgrade over time in a location that will always be in demand.
Buyers are no longer waiting for perfect homes in locations like this they are securing the land and creating their own.
This is your chance to do exactly that.
Full-size blocks within walking distance to the bay are limited and once they're gone, they are rarely replaced.
Act quickly to secure a foothold in one of Scarborough's most desirable pockets.
