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Investors Dream or Multi-Generational Home, take your pick 14 Margaret Street, Scarborough QLD 4020
Price By Negotiation
Overview
Listing Number: 4665232
Land Size
463.00
m2
House
Built
1940
Scarborough
Location
7
Bedrooms
7
Bath
2
Garage
2
Total Car Accom
Property Description

Welcome to this tri-level masterpiece that has something for everybody, being large enough for a multi-generational home or its current use as an Air B&B, this property has both size and location as its main focal points.

Located in an elevated position with ocean views from its top level and positioned within walking distance to beaches, numerous cafés, bistros, restaurants and within a short drive to major shopping precincts, hospital and schools, this property represents unparalleled value for those looking for a large home or fantastic investment opportunity.

Currently creating a financial windfall of $320,000 per annum as an Air B&B and possessing an array of different living quarters including fully appointed apartments, studio apartments with their own bathroom and kitchenette and apartments with shared bathrooms, this property is an investors dream.

This combination of different living spaces and living arrangements combines to give any large family either room for privacy or ample room to expand, depending on family situations.

Features:
Unit 1 (Penthouse) – Full Kitchen with stone benchtops, large bedroom with walk in robe, Bathroom with spa bath, shower and vanity, separate toilet, large lounge and enormous balcony with views to ocean.
Unit 2 – Large Bedroom with ensuite, separate toilet and access to walkway.
Unit 3 – Large Bedroom with air con and fans, ensuite with large shower, vanity and toilet.
Unit 4 (Studio) – Large Lounge / Bedroom, Kitchenette and ensuite with large shower, vanity and toilet.
Unit 5 (Studio) – Large Lounge / Bedroom with fan, air con and built in robe, access to separate shower and separate toilet.
Units 6 & 7 (Attached Granny Flats) – Small Full Kitchen, lounge, dining, bedroom and separate bathroom with shower, toilet and laundry combined.
Separate Communal Study Room, Balcony with fan and Laundry.
2 Car Carport

This property is viewed by inspection only with 24 hours notice – Call Kevin Ritchie and prepare to be impressed.

Property Details
Land Size
463.00
Property Type
House
Build Year
1940
Location
Scarborough
Bedrooms
7
Bathrooms
7
Garage
2
Total Car Accom
2
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Investors Dream or Multi-Generational Home, take your pick
14 Margaret Street, Scarborough QLD 4020
463.00
m2
House
Built
1940
7
Bedrooms
7
Bath
2
Garage
Price By Negotiation
Enquire Now