Scarborough site with DA approval listed by mortgagee

Scarborough site with DA approval listed by mortgagee
Staff reporterJuly 29, 2018

A development site in Queensland's Scarborough, a suburb of the Moreton Bay region, has been listed by mortgagees. 

It is listed for sale through Stephanie Williams at Raine & Horne.

The 425-429 Scarborough Road, Scarborough site is an 2,024 sqm of prime development site, three separate titles, four lots, 40.4m frontage x 50.3m depth approximately.

It has water in 3 directions, potential views from 3rd level, current DA approved site for 28 units, comprising of two and three bedroom units.
 
It is well designed floor plans to enhance saleability.

The suburb's median house price sits on $541,500  according to CoreLogic.

Editor's Picks

First look exclusive: Polycell files Sandpiper redevelopment plans after owner buyout
Inside Melbourne's new nature-based neighbourhoods
First look: Stockwell files for new Vulture Street, West End apartment tower
From Broadbeach to Main Beach: Why local downsizers are making the move to Drew Group’s Lagoon Main Beach
SMA Projects makes downsizing easier at The Regent Fitzroy with ‘Settle When You've Sold’ initiative