This level block in the heart of Margate is calling out for redevelopment. Totally 607sqm meters the rectangular block has a 10 meter frontage and length of 60 meters. East facing in a quiet street there is the option here to build a highset home to achieve water views. There is plenty of room to build your dream house, add a pool and / or shed and enjoy living by the water with the bay breezes. The block currently holds a one bedroom, one bathroom house which is at this time rented for $220 per week. The home is in need of work but does allow a holding income until you’re ready to build. Located close to public transport, shops, quality schools and the Margate waterfront this one is a must see.
Genuine seller keen for a quick sale will look at all reasonable offers.
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