5/113 Landsborough Avenue, Scarborough QLD 4020

Front-row beachfront complex | panoramic bay views | superbly maintained | medium flood risk | first listing in ten years This unit presents a rare beachfront position in a tightly held complex, offering panoramic views and a spacious three-bedroom layout that caters to downsizers or professionals seeking a premium lifestyle. Its front-row elevation above the beach and the fact it is the first sale in the building in a decade underscore its scarcity. The property is best suited for an owner-occupier who values views and low turnover over immediate rental yield, supported by strong local school catchments. The primary decision factor is the medium flood risk, a tangible financial exposure that affects insurance premiums and future resale liquidity. The current asking price reflects a notable discount from its previous sale, presenting a clear entry opportunity against historical benchmarks. Acquire for long-term holding to amortise the flood overlay impact, as this property’s view and positional advantages are permanent, while its planning constraints are priced in. Listed October 2025 at $1,990,000, it sold after 55 days for $1,800,000. The current $1,400,000 listing represents a significant market repricing. This divergence suggests either a motivated vendor or a shift in market perception, requiring verification through a building-specific condition report.