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1&2/1 Grace Street, Scarborough, Qld 4020 Sold
1&2/1 Grace Street, Scarborough, Qld 4020 1&2/1 Grace Street, Scarborough, Qld 4020-Image 1&2/1 Grace Street, Scarborough, Qld 4020-Image 1&2/1 Grace Street, Scarborough, Qld 4020-Image 1&2/1 Grace Street, Scarborough, Qld 4020-Image 1&2/1 Grace Street, Scarborough, Qld 4020-Image 1&2/1 Grace Street, Scarborough, Qld 4020-Image 1&2/1 Grace Street, Scarborough, Qld 4020-Image 1&2/1 Grace Street, Scarborough, Qld 4020-Image 1&2/1 Grace Street, Scarborough, Qld 4020-Image 1&2/1 Grace Street, Scarborough, Qld 4020-Image 1&2/1 Grace Street, Scarborough, Qld 4020-Image 1&2/1 Grace Street, Scarborough, Qld 4020-Image 1&2/1 Grace Street, Scarborough, Qld 4020-Floorplan

1&2/1 Grace Street, Scarborough, Qld 4020

Dual Income - Just Listed

House
Type
4
Bedrooms
3
Bathrooms
2
Parkings
405 m²
Area

Last updated on Monday, July 06, 2026 ( See property details for 1&2/1 Grace Street, Scarborough, Qld 4020)

Dual Income - Just Listed

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A modern dual-income residence in Scarborough offering strong rental returns, low maintenance, and prime coastal living proximity.

🏡 Property Highlights

  • Dual-income property with a well-appointed main residence and a fully self-contained granny flat
  • Strong rental yields of $530 and $460 per week, providing immediate income stream
  • Low-maintenance 405m² allotment in a highly sought-after coastal location
  • Contemporary lowset brick construction by Monster Homes Australia
  • Flexible dual living layout ideal for investors or multi-generational families
  • Prime position near Scarborough waterfront, marina, and vibrant café precincts

✨ Key Features

  • Built-in Robes
  • Dishwasher
  • Outdoor Area
  • Garage / Secure Parking
  • Open-Plan Living
  • Air Conditioning
  • Ceiling Fans
  • Waterfront / Views
  • Security Screens / Gates
  • Open-Plan Living

Scarborough is a vibrant coastal suburb renowned for its stunning waterfront, lively café and marina precincts, and excellent lifestyle amenities. It offers easy access to parks, walking tracks, and waterways, making it ideal for families and investors alike. The area boasts strong demand for rental properties, driven by its proximity to Brisbane and major transport links. With ongoing development and a thriving community, Scarborough continues to be a top choice for those seeking a relaxed yet connected coastal lifestyle.

What is the current rental income and potential for future growth?
The property currently achieves $530 per week for the main residence and $460 per week for the granny flat, with potential for rental increases aligned with market demand and lease renewals.
Are there any restrictions or covenants on the property?
The property is situated on a 405m² allotment in a high-demand coastal location, with no known restrictions affecting dual living or future development, but prospective buyers should verify with local council.
What are the ongoing maintenance costs?
The property features a low-maintenance design with modern finishes, which minimizes ongoing upkeep; specific costs should be discussed with the current owners or property manager.
Is the property compliant with all relevant building and safety standards?
Yes, the property is water compliant and built to contemporary standards, with features like security screens and modern appliances ensuring safety and compliance.
What are the zoning and planning regulations for this property?
The property is located in a residential zone suitable for dual living, but buyers should confirm with local council regarding any future zoning or planning restrictions.
Are there any upcoming planned developments or infrastructure projects in the area that could affect the property's value or livability? Have there been any recent repairs or renovations, and are there any outstanding building or pest inspections? Are there any easements, covenants, or zoning restrictions that could limit future modifications or development? What are the strata or body corporate fees, if applicable, and what do they cover? Is there any history of flooding, bushfire risk, or other environmental hazards in the area? Are there any current or planned nearby construction activities that could cause noise or disruption? What are the total ongoing costs, including council rates, water, and utilities? Are there any known issues with the property's structure, plumbing, or electrical systems? Is the property compliant with all current safety standards, including smoke alarms and security measures? What is the long-term growth outlook for the Scarborough area and surrounding suburbs?

1&2/1 Grace Street, Scarborough, Qld 4020 - More Details

Dual Income - Just Listed

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.
Type
House
Bedrooms
4
Bathrooms
3
Parkings
2
Area
405 m²
House Size
221 m²

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