BRILLIANT DEVELOPMENT SITE! NORTH FACING SEAVIEWS!
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About this property
A huge amalgamation of several properties zoned to 12 metres or 4 levels STAC. Total of 2049m2 or can add an adjoining block for a total of 2,732m2! Few steps to Margate Beach & rising up the hill with glorious sea views. Currently houses & flats with good holding income. Well maintained properties with good long term tenants. Rarely available such a large parcel of land in this highly sought after address. First time on the market in decades. Developers! Design something iconic for this site!
Property Details
- Property Type
- apartment
- Listing Type
- For Sale
- Bedrooms
- 16
- Bathrooms
- 10
- Land Area
- 2049 m²
- Listed
- 2 weeks ago
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Neighbourhood
Living in Margate
This 16-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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