An unparalleled investment opportunity presents itself at 47 Beach Road, Margate, Tasmania. Thanks to Council approval for removal of the existing buildings can be undertaken to facilitate a new development of six multiple dwellings on site. The existing house also offers a fantastic potential of making it your own, renting it out, while also further developing the site (S.T.C.A) The site is on a very slight slope, hence offers easy access and great development potential. The block is located near North West Bay, in a very picturesque setting, with mature trees on one side of the property, which ensures privacy.
The existing house has been well-maintained and will suit a family looking for a more relaxed lifestyle. Comfort and warmth of the open plan living/dining room can be attributed to the original mantlepiece with a built-in modern wood heater in the heart of the living room, large windows framing the picturesque view and the natural colour palette throughout. A wall heater in the living room also ensu
Features
3 bedrooms
1 bathroom
crop_free2023 m² lot size
cottageSingle-Family
Property history for 47 Beach Road
2023
Rented
Undisclosed
Leased on 27 Jul 2023 by Harcourts Signature - Rosny Park
2021
Rented
Undisclosed
Leased on 20 Dec 2021 by Harcourts Signature - Rosny Park
2021
Sold
$940,000
Private Sale/Treaty on 19 May 2021 by Roger Roubicek, of Harcourts Kingborough
Happy sellers in Margate
92%
sentiment_very_satisfied
92% 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 10 reviews in Margate over the last 12 months.
Local market activity for 3 bedroom single-family properties in Margate
Sold
For Sale
For Rent
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