Set within one of Margate's most tightly held pockets east of Oxley Avenue, this elevated 521sqm property combines immediate liveability with an impressive 19-metre frontage and genuine scope for the future.
Just moments from the waterfront and capturing views towards Moreton Island, the property presents an opportunity that will appeal to families, investors, renovators and developers alike. Move straight in, renovate and add value, secure a coastal investment, or explore the possibilities offered by the generous landholding and wide frontage.
For renovators and property flippers, the home offers clear potential to modernise, improve and reposition. For buyers focused on the land, the elevated 521sqm allotment and substantial 19-metre frontage may provide scope to investigate a side-by-side duplex development, a new coastal residence or other redevelopment opportunities, subject to council approval and individual buyer due diligence.
The existing home offers a comfortable and functional layout with three bedrooms, a central bathroom and light-filled living spaces designed to capture natural breezes. It provides an ideal foundation for a family wanting to enter a sought-after coastal pocket, while investors can benefit from a readily leasable home with longer-term upside.
Downstairs, a versatile utility area provides valuable additional space along with the convenience of a second toilet, creating further flexibility for storage, a workshop, hobby space or future improvements.
With the Margate foreshore, cafés, shops, schools and everyday amenities all within easy reach, this is more than simply a home. It is a versatile coastal holding in a location where land, frontage and future potential are increasingly difficult to secure.
Key Features
Elevated 521sqm allotment
Impressive 19-metre street frontage
Potential to investigate side-by-side duplex development, subject to council approval
Positioned east of Oxley Avenue
Views towards Moreton Island
Three-bedroom existing residence
Master bedroom with air conditioning and built-in robe
Two additional functional bedrooms
Central family bathroom
Flexible lower-level utility space
Second toilet downstairs
Light-filled interiors and coastal breezes
Excellent renovation and value-add potential
Strong investment or landbank opportunity
Opportunity to renovate, rebuild or create a new coastal residence
Walking distance to the waterfront, cafés, shops and local amenities
Outgoings & Investment Overview:
Council rates: $818 Per Quarter
Water rates: $370 Per Quarter
Rental appraisal: $650 - $700 Per Week
Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained therein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers should make their own inquiries to verify the information contained herein.
Artist Impression Disclosure
Artist impression only. Images are indicative concepts provided for illustrative purposes and do not represent an approved development. Any redevelopment potential is subject to council approval, relevant planning requirements and buyer due diligence.
