30 Donkin Street, Scarborough, QLD, 4020 - House Sold on 05 12 2013

SoldDec 5, 2013

30 Donkin Street, Scarborough, QLD, 4020

$628,000

810 m²

House

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30+ days on the market

Sold: Dec 5, 2013

What's around 30 Donkin Street

810sqm Corner Block - 2 Lots - Dual Living Potential - Superb Location

Mixed Res Zoning just a stones throw to Scarborough Village, Queens Beach North and Southern Cross College. Before you even look at this home investors and owner occupiers should consider the underlying value of the land. With 2 lots on one title, the land underpins your purchase (in this location, 2 bare blocks would be worth more than our owners asking price in the current market). With this in mind, you'd expect the home to be pretty average (or worse) BUT here is the bonus,it is not! The house features: * Double brick construction with solid walls throughout, it's virtually bomb proof and its BIG - almost 300m2 under roof-line. * Period features such as hardwood timber floors, high ceilings with ornate cornices,wonderful undercover entertaining, terrazzo floors in the gorgeous period bathroom PLUS even a dance-room which has previously been used as additional accommodation/granny flat (its even separately metered for electricity). * Modern, external windows with security screens, french doors to a covered outdoor entertaining area, a fully fenced yard with tonnes of space for a swimming pool AND trampoline PLUS proper side access for your boat or caravan * 4 BIG bedrooms + 2 average sized ones that could also be used as an office, study or music room (see floor-plan for sizes). 4 of the bedrooms even have big robes. * Investors will note that until recently the property was rented for $550 per week. So what would you do with this unique property? Live-in as a big family home in one of The Peninsula's best locations? Rent & hold for capital growth? Remove and build on one or even two of the lots? Duplex, town houses or 2 homes - subject to council approval of course. The owners paid $670,000 in October 2009 and have made significant improvements to the home over the last 4 years. Their motivation is absolutely clear.....They have PRICED IT TO SELL - not to muck around. At $629,000 this is an EXTREMELY rare opportunity to purchase a big block with a solid home in a superb Scarborough location so close to the Village & Beach. You've heard me say it before and I'll say it again - DON'T WAIT or you will be TOO LATE! It's simple really......