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

For Sale

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

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

Dual Income - Just Listed

House

Type

Bedrooms

Bathrooms

Parkings

405 m²

Area

Last updated on Friday, May 15, 2026 ( See property details for 1&2/1 Grace Street, Scarborough, Qld 4020)

Dual Income - Just Listed

Jay & Michelle Peters - Real Estate Agent - Ray White - Scarborough

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AI Property Insight

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

Suburb and Property Insights of Scarborough, QLD 4020

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.

Frequently Asked Questions

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.

What to ask about this property to agent?

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

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

1&2/1 Grace Street, Scarborough, Qld 4020 - Point Of Interest

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

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