Positioned in the highly sought-after East of Oxley Avenue pocket of Scarborough, this original weatherboard and tile highset presents an outstanding opportunity just moments from Queens Beach.
Owned by an interstate seller whose circumstances have recently changed, the property is now available and offers excellent potential for renovators, investors or buyers looking to secure a prime Peninsula address and build new in the future.
Built around the mid-1950s, the home retains plenty of original character. Timber weatherboards, a tiled roof and recently uncovered hardwood floors upstairs provide a solid starting point for those looking to renovate and restore. High ceilings, casement windows and classic features throughout reflect the charm of homes from this era.
Upstairs includes two bedrooms, a kitchen, living area, family bathroom and sunroom. Downstairs offers generous utility and storage space across multiple rooms, along with a single garage area, laundry and a second shower and toilet.
Set on a 405sqm block with a 10-metre frontage, the property also offers exciting future potential. A number of new homes have already been built in the street, highlighting the strong demand for this highly desirable coastal pocket. Buyers may choose to renovate the existing home or explore the option of building a brand-new residence in this premium location.
The property is currently rented to a tenant who would love to stay on if the opportunity allows, offering investors immediate holding income while future plans are considered.
Just a short stroll to the waterfront and close to cafés, restaurants, schools, shops and transport, opportunities in this tightly held pocket are increasingly rare, particularly with a price tag sub $1m.
Secure your place in one of Scarborough’s most desirable beachside locations. Contact Stephan or Jo today to arrange an inspection.
