9/65-69 Landsborough Avenue, Scarborough QLD 4020

Second-floor water views to Moreton Island | 75% owner-occupier complex, low turnover | Fixed price, motivated seller | Strong downsizer appeal in older demographic pocket The buying case rests on configuration and positioning within a low-turnover complex where three-quarters of residents are owner-occupiers, a structural advantage for long-term amenity and capital stability. The 181-square-metre internal area is unusually generous for a three-bedroom unit, and the second-floor elevation with lift access captures water views to Moreton Island without the premium of top-floor pricing. This property serves downsizers and retirees most directly, given the suburb’s 36% over-60 demographic and proximity to Scarborough State School and Redcliffe High School, but the size and layout also suit professional couples seeking a lock-and-leave coastal base. The fixed-price listing, fresh to market, signals a seller prepared to transact without auction uncertainty. The primary risk is the building’s 42-unit scale, which can dilute exclusivity and introduce strata governance complexity, though the 75% owner-occupier ratio mitigates this. The 2019 sale at $520,000 implies substantial paper growth to the $1.14 million estimate, but no recent comparable sales within the complex confirm current market-clearing price, so independent valuation is essential before offer. The opportunity lies in the motivated seller posture and low days on market for three-bedroom units locally, suggesting a buyer who acts decisively on inspection may negotiate from a position of limited competition.