587m2 in Scarborough! North Facing - Think of the Possibilities!

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34 Frank Street, Scarborough QLD 4020

For Sale

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$900k - $950k Medium Confidence Calculated based on our search observations.

House 2 Beds 1 Bath 2 Cars 587 m²

Listed: 2 days ago

Overview

Positioned on a peaceful, leafy street in Scarborough, this property offers a substantial 587 square meter block that meets a variety of buyer needs. The wide frontage and north-facing backyard create a prime site that invites a custom rebuild or significant renovation, promising both potential space and favorable natural light for future enhancements.

This location is optimally convenient, situated within walking distance to Queens Beach and close to several reputable local schools, including Scarborough State School and Southern Cross College. These factors reinforce the lifestyle benefits of the site, making it suitable for families prioritizing education and coastal proximity.

A comfortably sized 2-bedroom, 1-bathroom home currently tenanted, providing steady rental income while planning your next move.
A double parking provision with both garage and carport enhances practicality and convenience.
The property is flood and easement free, sited high on the hill, which adds security and peace of mind against environmental risks.
Suburban zoning allowing up to two-storey development, supporting potential expansion or redevelopment options.

Its combination of size, location, and existing income stream represents a rare opportunity within the Scarborough market. The property's flexibility and accessible surroundings offer a solid foundation for investors, developers, or homeowners looking to establish a foothold in this highly sought-after area.

Local Market Insights

In Scarborough, Quiet Listings observed 37 new houses entering the market over the last 30 days, down from 43 during the previous 30-day period, with an average advertised asking price of $1,385,162. The property type mix of listed properties is predominantly Houses at 50%, followed by units (24%), and apartments (16%). The most active agency for houses in the Scarborough area is currently Ray White, representing 35% of new listings, followed by Belle Property with 16%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.