Discover the ultimate coastal lifestyle at 12 Margaret Street, Scarborough. Positioned just a short 350m away from the waters edge of Scarborough this property boasts an 810m2 block of land and a charming 2-bedroom cottage style home.

Situated mere steps away from the water’s edge, the highlight of this gem is its unparalleled development potential, already existing on 2 separate 405m2 lots. Imagine waking up to breathtaking 180-degree water views stretching across to Moreton Island, given this blocks ability to build up to 12 meters high.

This home also offers the ideal move-in-ready, character-filled 2-bedroom residence. Whether you’re considering it for immediate occupancy or as an investment property for renting out, the possibilities are limitless!

Property Features:
• 350m walk to the water
• 2 bedroom cottage ready to be renovated
• 3m high ceilings
• VJ walls and French doors
• Open kitchen and dining area
• Single car carport
• Air conditioning
• 2 living areas

Development Features:
• 810m2 splitter block
• Property is already on 2x 405m2 lots
• Town houses, apartments, or 2x new builds
• Next generation zoning
• 3 Story – 12m high build potential to capture complete water views
• 21.1m frontage
• Land bank, live or rent

In one of the Peninsula’s most sought-after suburbs, this property epitomizes the essence of Scarborough living. Situated in the heart of the community, it offers an unparalleled lifestyle with easy access to the waterfront, local schools, cafes, restaurants, parks, markets, and so much more!!

Waterfront (350m), Baan Phaya Thai Restaurant (500m), Pirate Park (1.6km), Redcliffe Sunday Markets (1.5km) All Scarborough Waterfront Landsborough Avenue Restaurants (1.5km), Scarborough State School (1km), Redcliffe State High School (1.8km)