Now priced to sell at below current comparable land selling values. For example :

43 Flinders Pde on 405 sq.m. sold for $678,000 on 8/06/2012
55 Flinders Pde on 405 sq.m. sold for $699,000 on 4/10/2011
111A Flinders Pde on 405sq.m. sold for $690,000 on 22/12/2011

83 Flinders Pde is on 607 sq.m. and is 50 percent larger than the above lots. Also it is on an elevated prime position in terms of the beach.

Sea changers (home buyers), investor and developers take note – prime 607 sq.m. of elevated beach -facing land with potential. Often admired by passers-by who walk the promenade along the foreshore, this property is a limited rare opportunity.

Just take in the breathtaking panoramic views of Moreton Bay Island and fresh sea breezes in this most salubrious part of the Peninsula.

The property faces Scarborough Beach and is on an elevated part of prestigious Flinders Parade. A most highly sought after location. It currently has a residential building comprising two flats on it. Let your imagination go here … the options include (with approval of Moreton Bay Regional Council ) :

. keep the two flats as is
. demolish the building and build two new apartments
. build a stunning new “dream home”

Or possibly:

. buy both 83 and 85 Flinders Pde and build a multi-unit complex on the amalgamated site of 1214 sq.m. with approx 1700 sq.m. of developable floor space.
. buy 83 and 85 Flinders Pde and subdivide into 3 prime residential beach facing lots

For the prestige home buyer or astute investor and developer, don’t delay as this is a limited once only opportunity.

The owners reluctantly say SELL as their circumstances have changed and they must move on.