First time offered for sale in over 25 years, this property is all about location. Situated directly opposite Scarborough Boat harbour it holds outstanding potential for the canny buyer seeking capital growth, or simply a great spot to stay forever.
The 506mtr block has 2 street frontage with rear access in North Quay & is situated opposite parkland with an outlook to the harbour that is virtually unrivalled. The immediate area is home to significant urban renewal with million dollar properties not uncommon.
Well situated on the block is an older style, 3 bedroom cottage that is roomy & in very good original condition. The home would probably benefit from a gentle refurbishment such as, upgrading to paint & floor coverings, though it is very solid with no major work appearing necessary.
Priced to sell at land value this home is an ideal proposition for those looking to build their Scarborough dream home, either now or in the future. Alternatively for those looking to sit & hold, the house will reward with a reasonable rental return & its position virtually guarantees superb growth potential.
Affordable houses are rarely offered for sale on Thurecht Pde do not miss this opportunity to secure one of the best locations available, call today.