BLOCK OF FLATS! EAST OF OXLEY! SEAVIEWS!
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About this property
Rarely available such a great investment in this choice location. Fully tenanted with good long term tenants. Beautiful big 683m2 block of land Zoned to build units to 12 metres ( around 4 levels STCA). Margate Beach a few metres away for swimming or fishing. Glorious beach walks or ride along the scenic bike path of Moreton Bay overlooking the islands. Enjoy the café culture & Redcliffe markets. Older block with two 2 bedroom flats in the front & side access to three One bedroom flats in the rear. All have been well maintained including modern kitchens. Adjoining blocks also for sale to make a larger development site. Close to Humpybong school, the iconic Belvedere Hotel & Woolies shopping centre. Few minutes drive to Kayo Dolphins Leagues Club, golf course, bowling clubs, hospitals, Newport & Scarborough Marinas, train station. Close to Peninsula Fair Shopping Center & cinemas. Petrie University is a 14 minute ride away. Around 20 minutes to Westfield North Lakes with Myers, IKEA & Costco. Half hour to Brisbane International Airport. Just over an hour north to the Sunshine Coast or south to the Gold Coast. Be quick! Booming area! The Olympics are coming!
Property Details
- Property Type
- apartment
- Listing Type
- For Sale
- Bedrooms
- 7
- Bathrooms
- 5
- Parking
- 4
- Land Area
- 683 m²
- Listed
- 2 weeks ago
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Neighbourhood
Living in Margate
This 7-bedroom apartment 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
- Victoria Ave at Barry Bolton Park (bus) — 403 m away
- Woolworths — 851 m away
- Unnamed — 300 m away
- Unnamed — 470 m away
- M J Brown Park — 574 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 · Unit 2 bed
Compound growth +17.3% / yr over 4 yrs
Suburb-wide medians from sold listings — a guide to the area, not this specific property.
Full Margate marketSide-by-side analysis
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