East of Oxley & Views!
Positioned in an elevated pocket of Margate with glimpses across Moreton Bay and the waterfront just moments from your door, 49 Ernest Street presents an exciting opportunity to secure a substantial two-level home with space, flexibility and enormous future potential.
Occupying a 405m² corner allotment with an approximate 39.8m side boundary, the property offers an increasingly hard-to-find combination of generous accommodation, established gardens, multiple indoor and outdoor living zones and a superb Peninsula lifestyle. Comfortable and immediately liveable as it stands, there is also plenty of scope for the next owner to modernise, personalise and add value over time.
Upstairs, polished timber floors bring warmth and character to the light-filled open-plan living and dining area. The adjoining kitchen is functional and well positioned, while sliding doors open onto the expansive covered balcony. Here, cooling sea breezes and an outlook towards Moreton Bay provide a wonderful setting for morning coffee, relaxed afternoons or entertaining family and friends.
Two bedrooms are positioned on the upper level, including a generous main bedroom with an impressive walk-in wardrobe. A central bathroom with separate bath and shower services this level.
Downstairs dramatically expands the versatility of the home. A substantial multipurpose room provides approximately 5.0m x 6.6m of additional space and is complemented by a second bathroom, laundry and direct access to the covered patio and garden. Whether utilised as additional living, a games room, home office, teenager's retreat or guest accommodation, this flexible area allows the home to adapt as your needs change.
Car accommodation is another standout, with a large garage measuring approximately 6.3m x 6.6m, providing excellent space for vehicles, storage or a workshop.
Outside, the established gardens create a wonderfully private setting, with lawn areas for children and pets, mature trees providing shade and character, and a covered ground-floor patio overlooking the yard.
Features You'll Love
- Elevated Margate position close to the waterfront
- Glimpses towards Moreton Bay from the upper level
- 405m² corner allotment
- Approx. 39.8m side boundary and 10.6m rear boundary
- Substantial two-level home offering approximately 179m²
- Three-bedroom configuration including ground-floor multipurpose/bedroom space
- Two bathrooms across two levels
- Spacious open-plan living and dining upstairs
- Polished timber flooring
- Large covered upper balcony capturing cooling coastal breezes
- Functional kitchen with generous bench and storage space
- Generous main bedroom with large walk-in wardrobe
- Expansive ground-floor multipurpose room
- Second bathroom and laundry downstairs
- Covered ground-floor patio
- Large garage with excellent storage/workshop potential
- Established gardens and usable lawn areas
- Garden shed
- Excellent scope to renovate, update and add value
- Flexible layout suited to families, investors and buyers looking for additional living space
A Lifestyle Location
One of the property's greatest attractions is its position. Margate's waterfront, beaches, walking and cycling paths are within easy reach, while the location places you conveniently between the lifestyle precincts of Margate, Redcliffe and Woody Point.
Enjoy weekends along the foreshore, morning walks beside Moreton Bay or an easy trip to local cafés, shops and restaurants. Margate Village, Bluewater Square, Redcliffe Hospital, Kayo Stadium and the Redcliffe CBD are all conveniently accessible, while Brisbane Airport and the CBD remain within comfortable commuting distance.
Families are also well catered for with a selection of established schools nearby, including Humpybong State School, Clontarf State High School, Redcliffe State High School, Southern Cross Catholic College and Grace Lutheran Primary School.
The Opportunity
Properties offering this combination of position, land, substantial accommodation and renovation potential are becoming increasingly difficult to secure this close to the waterfront.
Move in and enjoy its comfortable existing spaces, renovate progressively to create your own contemporary coastal home, or explore the longer-term possibilities offered by the corner allotment and location, subject of course to relevant approvals.
49 Ernest Street is a property with options — and an address that provides the lifestyle to match.
Contact Brett Viertel and Adrianne Graham at Baylife Real Estate to arrange your inspection and discover the potential of this wonderfully positioned Margate property.
Outgoings & Rental Projection
Council Rates - $717.19/qtr
Water Rates - $301.47/qtr
Rental Projection - $775-$825/week
Whilst every care has been taken in preparing this information, prospective purchasers should make their own enquiries and obtain independent advice regarding property dimensions, features, development potential and approvals.
Disclaimer:
We have obtained this property information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective buyers are advised to carry out their own investigations.
