103 Torquay Road, Scarness
Listing data updated 8 June 2026
- Positioned just moments from the beach, local shops, and the popular rail trail corridor, this rare 1,298m² property presents an exceptional opportunity for investors, developers, or buyers seeking flexible living with strong income potential. Whether you're looking to landbank, develop, generate dual rental income, or accommodate extended family while earning supplementary income - this property delivers on every front. Immediate Investment Appeal - Two separate 2-bedroom homes - Each with 1 bathroom + 1 carport - Additional uncovered parking - Combined rental income of $1,065 per week inclusive of electricity and water - Leased until early 2027 - Connected to NBN - Fully fenced with remote electric gate entry This is a secure, income-producing asset in a highly desirable coastal pocket. Property Breakdown - These 5 year old homes are in excellent condition, relocatable and generously sized: - 115.1m² per dwelling (including alfresco & carport) - 2 bedrooms - 1 bathroom - Open plan living - Covered outdoor area - Carport + additional parking The front home features a 6.6kW solar system, helping offset electricity usage (both homes are currently connected to the same power supply). Development Potential - Large 1,298m² block - Previously approved DA for a 6-unit development (now lapsed) - Relocatable homes could easily be removed from the block and sold with limited demolition costs - Flexible options for redevelopment, reconfiguration, or holding income while planning your next move For developers, this is a strategic site in a high-demand coastal location with proven approval history. Location Highlights - Short walk to the beach - Close to shopping and everyday conveniences - Easy access to the rail trail corridor - Positioned in a high-demand rental area Coastal proximity combined with strong rental performance makes this a compelling long-term hold or development project. Who This Property Suits - Investors seeking strong dual income - Developers looking for a substantial coastal site - Buyers wanting a home plus income stream - Multi-generational families - SMSF buyers seeking solid returns Properties offering income, land size, and location this strong don't last. Enquire today and take the next step toward securing this exceptional opportunity.
RealistIQ deal score
Good value signal
69
/100
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Market price guide is $297,000 below RealistIQ estimate
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Listing details
- Status
- $1,290,000
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