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124 Mein Street, Scarborough$3m

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124 Mein Street

Scarborough, QLD 4020, Australia

$3m

8 bed 4 bath1216 m²

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About this property

Located in Scarborough within walking distance to Scarborough cafe and restaurants this 1216m2 block features the following: - D.A.Approved for 19 units (2 and 3 bedroom units) - 1216m2 block - Currently has a block of 4 flats on the site, all tenanted and returning $54k + per annum. Call Kevin on 0418 125 356 for more information on this fantastic development opportunity. Property Code: 38

Property Details

Property Type: land
Listing Type: For Sale
Bedrooms: 8
Bathrooms: 4
Land Area: 1216 m²
Listed: 2 months ago

Repayment calculator

$14,544/month

$7,272 /fortnight

Loan $2,400,000 at 6.10% over 30 years

Upfront costs

Deposit$600,000

Stamp duty$153,025

Conveyancing (est.)$2,000

Total upfront$755,025

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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 8-bedroom land in Scarborough, QLD 4020 sits within reach of public transport, local shops and nearby schools. It is listed 107% above the $1.45m median of 67 comparable landswithin 5 km.

Schools near Scarborough

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

What's nearby

Prince Edward Pde near Donkin St (bus) — 720 m away
Peninsula Laundries — 91 m away
Flinders Parade Lookout — 644 m away
Unnamed — 655 m away
Unnamed — 1.4 km 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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