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About this property
This unique home with an incredibly flexible configuration offers streamlined ownership and simplified management, with no body corporate requirements - a major advantage for investors seeking efficiency and control. At the same time, savvy buyers will recognise the potential to generate significant income - the current owners have enjoyed rental income circa $100,000 per annum. With all the talk and uncertainty around recent negative gearing tax policy, what better way to avoid the drama than to purchase a POSITIVELY GEARED property! Alternatively, you may be seeking a home to live in and enjoy the seaside lifestyle on offer, with the option for either multi-generational living or extra space for family and friends. The renovated residence has a brilliant floor plan, lots of open spaces and even water glimpses across to Moreton Island! The option also exists with this unique property to live in the main home and collect income from the 2 additional, fully self-contained areas following the extension - both with their own private entrance Ideally located in a central and convenient Margate position, the property offers easy access to local shops, cafes, public transport. Residents can enjoy relaxed coastal living with the esplanade, beaches, and lifestyle amenities all just moments away. Whether you're looking to secure a low-maintenance asset where a lot of the major work is done, or capitalise on future potential, this is a truly standout opportunity that is sure to be in hot demand. Contact Cameron today to discuss this rare opportunity before it's too late.
Property Details
- Property Type
- house
- Listing Type
- For Sale
- Bedrooms
- 6
- Bathrooms
- 4
- Parking
- 4
- Land Area
- 607 m²
- Listed
- 1 month ago
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Neighbourhood
Living in Margate
This 6-bedroom house in Margate, QLD 4019 sits within reach of public transport, local shops and nearby schools.
Schools near Margate
- Humpybong State Schoolprimary · Prep-6 · CoEd
What's nearby
- Oxley Ave at McCulloch Avenue (bus) — 66 m away
- Woolworths — 593 m away
- Plume Park — 554 m away
- Unnamed — 661 m away
- Unnamed — 711 m away
Margate at a glance
Full suburb profile- Population
- 7,575
- Median age
- 46
- Household income
- $1,231/wk
- Median rent
- $320/wk
- Median mortgage
- $1,733/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Margate price trend
Median sold · House 3 bed
Compound growth +10.2% / yr over 4 yrs
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Full Margate marketThis listing
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Price history
Listing price changes
1 price change recorded for this property
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