109 Prince Edward Parade, Scarborough, Qld 4020

**Prime Investment Opportunity at 109 Prince Edward Parade, Scarborough**

Discover an incredible opportunity with this unique property, offering three 2-bedroom units on one title, perfectly situated in the heart of Scarborough. Whether you're an investor looking to expand your portfolio, a developer with an eye for potential, or simply seeking a long-term asset with various revenue streams, this property is bound to impress.

**Key Features:**
- Three self-contained 2-bedroom units - ideal for short-term rental like Airbnb or long-term tenancy.
- Large, single-title block with flexibility for future development.
- Prime location - just steps away from the Scarborough waterfront, offering unmatched lifestyle appeal.

**Investment Potential:**
- Land Banking: Secure your spot in a fast-developing area with potential for significant future growth. Hold the property and watch its value increase as the Scarborough area continues to expand and develop.
- Airbnb: Take advantage of the ever-growing demand for short-term rental properties in this stunning beachside suburb. Each of the three units can be rented individually, providing multiple streams of income.
- Long-Term Investment: These low-maintenance units are perfect for long-term tenants, providing a stable and consistent return on investment.
- Development Potential: If you're thinking bigger, consider knocking down and rebuilding. The large block offers endless possibilities for a new multi-unit development or a luxurious family home in this sought-after location.

Currently Rented for:
Unit 1 - $565
Unit 2 - $420
Unit 3 - $450

**Why Scarborough?**
Scarborough is renowned for its vibrant community, picturesque beachfront, and close proximity to Brisbane CBD. It's a thriving suburb with excellent amenities, including cafes, parks, and recreational facilities, making it highly attractive to both renters and homeowners.

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This is an investment opportunity not to be missed! Whether you're looking to hold, develop, or capitalize on short-term rental demand, 109 Prince Edward Parade is definitely worth a look.

The property is zoned Next Generation Neighbourhood and you can build up to 12m high subject to council approval 

This property will be auctioned on site on Monday 23rd September 5:00pm if not sold prior.

Disclaimer: All photographs, facades, colour schemes, floor plans and dimensions are for illustrative purposes only and may vary slightly to the end product.
This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.