Three bedroom apartments on the coast prove popular with downsizers

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first_imgApartment 94, The Scarborough, 113 Landsborough Ave, Scarborough sold for $975,000.PRIVATE developer Traders in Purple have topped the list of sales this week for a newly completed apartment sold at their The Scarborough development. Apartment 94, 113 Landsborough Avenue, Scarborough achieved a sale price of $975,000.Traders in Purple CEO Brett Robinson said the development was completed last year and of the 131 apartments, 125 had now sold, leaving just six on the market. More from newsNew apartments released at idyllic retirement community Samford Grove Presented by Parks and wildlife the new lust-haves post coronavirus19 hours agoThe kitchen at The Scarborough apartment that sold for close to $1 million.According to RP Data, property sales have ranged in price from about $590,000 to $2 million.Mr Robinson said the development had been received well and they had achieved the asking price in most sales.“We sold another for $990,000, it hasn’t yet settled though,” he said.“The people who are buying predominantly are local downsizers…from the peninsular and we’re also attracting people from the northern suburbs of Brisbane.”“They’re all three bedroom apartments, they’ve been designed for owner and occupiers.“They have been bought by people who are retired, so it’s a very low maintenance lifestyle.”last_img

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