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Back 4 McCulloch Avenue
Off Market

4 McCulloch Avenue

Margate QLD 4019

11
6
6
1217 m²
Block of units

Overview

Open to Expressions of Interest

The Phone Code for this property is: 57328. Please quote this number when phoning or texting. DEVELOPMENT OPPORTUNITY 4-6 McCulloch Avenue, Margate CONTRACT HAS FALLEN OVER DA APPROVAL GIVEN A huge 1217m2 block of land is available for purchase with over 40m of frontage on McCulloch Avenue. Expressions of interest are now being taken for this PRIME development opportunity in a prestigious location less than 90m from the waterfront. Architectural plans created by the award winning Brick Architects, have been submitted to council and DA approval for a 20 apartment block has been given, with the paperwork expected this wee. The planned development will have premium 2 and 3 bedroom apartments with fabulous ocean views. There are currently 2 properties on the titles, both occupied by longstanding tenants on short-term leases. Current annual rental income is $73000 should you need/want a holding income. . Margate is a vibrant town in Brisbane's bayside with trendy cafes and eateries, white sandy beaches, a 2km waterfront boardwalk and boutique retail outlets. There are rail and bus links to the CBD, Brisbane Airport and Sunshine Coast with further upgrades still in progress. Private sale by owner. Further details are available on request. Disclaimer: Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.

Features

11 bedrooms
6 bathrooms
6 carspaces
1217 m² lot size
Block of units

Estimated Value

We need at least 3 similar 11 bedroom block of units sold in Margate over the last 12 months.

Property history for 4 McCulloch Avenue

2022
Sold
Undisclosed
Private Sale/Treaty on 10 Oct 2022

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 45 reviews in Margate over the last 12 months.

Local market activity for 11 bedroom block of units in Margate

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   (443 reviews)
  •  10 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)
  •  9 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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