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1&2/1 Grace Street, Scarborough$1.10m
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1&2/1 Grace Street

Scarborough, QLD 4020, Australia
$1.10m
4 bed 3 bath 2 car405 m²

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CONTACT FOR PRIVATE VIEWINGS: MICHELLE PETERS - 0412 242 849 JAY PETERS - 0404 999 593 Positioned in one of the Peninsula's most tightly held and consistently performing pockets, this is a standout opportunity to secure a modern dual-income property designed for long-term growth, strong returns & effortless ownership. Combining a well-appointed three-bedroom residence with a fully self-contained one-bedroom granny flat, this property has been purpose-built for investors seeking reliable income with minimal ongoing maintenance. Set on a low-maintenance 405m² allotment, the home offers the flexibility of dual tenancies or multi-generational living, all within minutes of the Scarborough waterfront, Newport waterways & the vibrant café and marina precincts that continue to drive demand in this location. Currently achieving $530 per week for the main residence and $460 per week for the granny flat, the property delivers an immediate, secure income stream in a high-demand rental market. Leases are due for renewal in July and August. Whether you're expanding your portfolio or securing a high-performing asset in a proven growth corridor, this is a smart, future-focused investment that ticks all the boxes. Contact Jay & Michelle Peters on 0404 999 593 today to arrange your inspection or request further information. PROPERTY FEATURES: * 405m² allotment in a high-demand coastal location * Contemporary lowset brick construction- built by Monster Homes Australia * Purpose-built dual living layout - ideal for investors or extended families * Low maintenance design with modern finishes throughout * Strong rental return with established tenancies **MAIN RESIDENCE (3 BEDROOM):** Designed for comfortable everyday living, the primary residence offers a practical yet modern layout with open-plan living at its core. * Three well-sized bedrooms with built-ins, master featuring walk-in robe * Private ensuite to master bedroom * Modern kitchen with stone benchtops, quality appliances including cooktop, oven, rangehood & dishwasher * Open plan living & dining flowing seamlessly to the outdoor entertaining space * Main bathroom with separate toilet for added functionality * Covered outdoor entertaining / BBQ area perfect for year-round use * Fully fenced private courtyard providing security and privacy * Remote lock-up garage with internal access **GRANNY FLAT (1 BEDROOM):** Fully self-contained and thoughtfully designed, the granny flat provides excellent separation and privacy, making it highly attractive to tenants. * Spacious bedroom with built-in robe * Open plan kitchen, living & dining area * Modern kitchen with quality appliances including dishwasher * Two-way bathroom with integrated laundry * Private, fully fenced courtyard * Remote garage with internal access * Separate living zone ideal for independent tenancy **EXTRAS:** * Air-conditioning to ensure year-round comfort * Ceiling fans throughout both dwellings * Water compliant - maximising investment efficiency **LOCATION:** Perfectly positioned to capitalise on both lifestyle and convenience, this address places you within easy reach of everything that makes the Redcliffe Peninsula so desirable. * Moments to Scarborough waterfront, marina & café precinct * Close proximity to Newport waterways, parks & walking tracks * Walking distance to local schools, shops & public transport * Easy access to Redcliffe CBD & surrounding lifestyle hubs * Short drive to major shopping centres including Kippa-Ring * Approx. 30 minutes to Brisbane Airport Disclaimer: In preparing this advertisement we have endeavoured to ensure the information contained is true and accurate. We 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.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
4
Bathrooms
3
Parking
2
Land Area
405 m²
Listed
2 months ago

Repayment calculator

$5,333/month
$2,666 /fortnight
Loan $880,000 at 6.10% over 30 years

Upfront costs

Deposit$220,000
Stamp duty$43,775
Conveyancing (est.)$2,000
Total upfront$265,775
Verify with QLD revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Scarborough

This 4-bedroom house in Scarborough, QLD 4020 sits within reach of public transport, local shops and nearby schools. It is listed 15% below the $1.30m median of 69 comparable houseswithin 5 km.

Schools near Scarborough

  • Scarborough State Schoolprimary · Prep-6 · CoEd
  • Australian Trade College North Brisbanesecondary · 11-12 · CoEd

What's nearby

  • Scarborough Rd at Eversleigh Road (bus)213 m away
  • Friendly Grocer725 m away
  • Tom Wallace Park249 m away
  • Unnamed321 m away
  • Unnamed323 m away

Scarborough at a glance

Full suburb profile
Population
9,178
Median age
53
Household income
$1,336/wk
Median rent
$350/wk
Median mortgage
$1,907/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Scarborough price trend

Median sold · House 4 bed

Compound growth +11.7% / yr over 4 yrs

$1.40mcurrent median

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1 price change recorded for this property

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