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Off Market

2/75 Margate Parade

Margate QLD 4019

2
1
1
103 m²
Unit
Teri MaguireTeri Maguire, last sold this property on 11 August 2024 after 60 days on market.

Overview

Views across Moreton Bay and beyond!

This brilliant 2-bedroom apartment, situated along the sought-after Margate beach, presents an excellent opportunity for investors aiming for high returns and capital growth, as well as for owner-occupiers desiring resort style living. Located on the waterfront of the fast-growing Redcliffe Peninsula, this apartment has endless views out to Moreton Bay and beyond and is within walking distance to Redcliffe Restaurants, markets and entertainment. Enjoy the functional 103sqm floor plan, complete with an enclosed patio area, creating the perfect space to relax and unwind. Offering you the perfect opportunity for work and leisure this is the prime location to invest or live in. Body Corp: Approx. $3,400 pa Rates & Water: Approx. $2,600 pa Property features: - Two spacious bedrooms with BIR's, master with views of Moreton Bay and beyond - Large main bathroom including separate shower / bath and laundry - One secure car space - Open plan living, ceiling fans throughout - Enclosed balcony - Modern and spacious kitchen featuring an electric cooktop - Lovely small block (Only 6 apartments) - Single Remote lockup garage Rental potential of approx $520-$550 per week. This property is all about location! Margate is a coastal suburb on the Redcliffe Peninsula, and, along with neighboring coastal suburbs on the Redcliffe Peninsula, is a popular recreational destination for the Southeast Queensland. Margate was part of the City of Redcliffe until 2008, when it was amalgamated into the Moreton Bay Region, now known as the City of Moreton Bay. In the 2021 census, Margate had a population of 7,575 people. Contact Teri from Jan Jones on 0432 450 041 for a private inspection. Disclaimer: This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty of representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries. Property Code: 2189

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
103 m² floor area
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Margate over the last 12 months, the estimated median property value of 2/75 Margate Parade is $795k.

Median value
$795k
Estimated value range
$580k - $1.15m
Median days on market
39
Estimated value trend
21%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Margate. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 2/75 Margate Parade

2024
Sold
Undisclosed
11 Aug 2024 by Teri Maguire, of Jan Jones Real Estate
2017
Sold
$430,000
09 Nov 2017 by Lachie Mulholland, of Ray White Redcliffe

Happy sellers in Margate

78%
78% of sellers in Margate reported that their sale price either exceeded or met their price expectations.

Margate stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 47 reviews in Margate over the last 12 months.

Local market activity for 2 bedroom units in Margate

In the last 12 months, 14 two-bedroom units similar to 2/75 Margate Parade, have been sold.

This represents a 7% increase in two-bedroom units sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Margate

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Rachele Jones

Sellers who recommend Rachele Jones have praised them for being clear communication, local expert, responsive, friendly, honest, pleasant and supportive

  •   5   (442 reviews)
  •  11 Reviews in Margate
  •  10 Sales in Margate
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Brett Viertel

Sellers who recommend Brett Viertel have praised them for being clear communication, local expert, responsive, supportive, friendly, reliable and dedicated

  •   5   (127 reviews)
  •  10 Reviews in Margate
  •  8 Sales in Margate
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Adrianne Graham

Sellers who recommend Adrianne Graham have praised them for being clear communication, responsive, local expert, supportive, detail-oriented, well-prepared and regular updates

  •   5   (75 reviews)
  •  7 Reviews in Margate
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Kim Mcloughlin

Kim Mcloughlin is a recommended agent for Margate.  They have 3 local sales and collected 4 local reviews across the last 12 months.

  •   4.9   (46 reviews)
  •  4 Reviews in Margate
  •  3 Sales in Margate
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