Address: 1 & 2 / 107 Albert Street, Margate
Land Size: 592m²
Total Rental Income: $1,235 per week
Leased Until: Early 2026 (Both Dwellings)
Built: Circa 2020 (Approx. 5 Years Old)
Council Rates - $716.18 per quarter approx'
Water Rates - $1,010.84 per quarter approx'
Modern, Versatile, and Positioned for Growth
Just moments from the iconic Peninsula foreshore and Margate Beach, this contemporary dual-key residence delivers exceptional value for both savvy investors and growing families.
With two fully self-contained dwellings under one roof, this is a rare opportunity to secure a high-yield property in one of the Redcliffe Peninsula's most in-demand lifestyle corridors.
Dwelling 1 - Spacious 2 Storey 4-Bedroom Home with Multiple living Zones Across Two Levels
(Currently rented for $740/week until January 2026)
Downstairs Features:
Galley-style kitchen with stainless steel appliances, dishwasher, double-door pantry, and ample bench space
Open-plan living and dining area with air-conditioning
Multi-purpose room (ideal fifth bedroom or additional living space)
Study nook with built-in storage
Guest toilet with separate vanity alcove
Laundry with backyard access
Linen cupboard and extra storage
Upstairs Features:
Oversized master bedroom with walk-in robe, ensuite, and private retreat area
Three additional bedrooms with built-in robes and ceiling fans
Air-conditioned rumpus/living area
Family bathroom with separate bath and shower
Separate toilet and large linen cupboard
Extras:
Double lock-up garage with internal and rear yard access
Covered alfresco entertaining area
Fully fenced private backyard with room for children and pets
Dwelling 2 - Modern 2-Bedroom Unit
(Currently rented for $495/week until March 2026)
Open-plan living and dining area with air-conditioning and ceiling fan
Stone benchtop kitchen with dishwasher
Two generously sized bedrooms with built-in robes and ceiling fans
Main bathroom
Separate laundry cupboard
Private tiled alfresco and spacious courtyard
Key Highlights:
Dual income stream with combined rental of $1,235 per week
Secure tenancies in place through early 2026
Modern construction (approx. 5 years old) with quality finishes
Quiet, leafy street surrounded by quality homes
Short distance to Margate Beach, shops, schools, and public transport
A Rare Dual-Key Investment in a Prime Lifestyle Location
This property offers the perfect blend of strong rental yield, modern living, and long-term growth potential. Whether you're a seasoned investor or looking to accommodate extended family under one roof, this is an unmissable opportunity.
Contact Mark Rumsey today for more information or to book your inspection.
We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.
