Proudly positioned in a sought-after pocket of Margate, this property presents an exciting opportunity to secure an elevated 410sqm block in a prime location.
At its heart sits a much-loved, two-storey home owned by the one family who have cherished it for more than six decades. Featuring four bedrooms, one bathroom and ocean views from the upper-level balcony, the existing home offers plenty of scope for those with vision to roll up their sleeves, renovate and breathe new life into the property.
Alternatively, for those looking to start with a blank canvas, the opportunity to knock down and create a brand-new home tailored to suit your own lifestyle and vision is equally appealing.
It's the position that really sets this property apart. Enjoying an elevated setting with glimpses of the ocean, you're just moments from Margate's local shopping precinct, quality schools, public transport and the beautiful Peninsula waterfront. It's a lifestyle location that continues to attract families, owner-occupiers and investors alike.
Property highlights:
- Elevated 410sqm allotment in a prime Margate location
- Existing two-storey home with four bedrooms and one bathroom
- Ocean views from the upper-level balcony
- A much-loved family home with an opportunity to restore and renovate
- Knockdown and rebuild potential for those wanting to create something brand new
- Conveniently located close to local shops, schools, transport and the waterfront
Whether you're a renovator looking for your next project, a builder seeking the perfect site, an investor recognising the underlying potential or a buyer dreaming of creating a home of your own - this is an opportunity worth exploring.
