Two homes. One title. Endless potential.
Welcome to a rare dual-dwelling opportunity on a 405sqm block in central Margate. This property can provide you lifestyle, income and flexibility. You can live in one and rent the other, accommodate extended family, or maximise returns with a long or short term rental. Combined long term rental income has a potential of $1,200-$1,500 per week or short term (Airbnb) potential of $500 per night, or mix & match !
Property Snapshot:
• Two fully self-contained homes on one block
• One 3-bedroom residence (currently renting as B&B at $3,000 - $5,000 p/m)
• One 2-bedroom Palm Beach-inspired retreat
• Generous double carport + two backyard storage sheds
• Air conditioning in both living areas
• Walk to Margate shops, restaurants, beaches, and transport
• Close to schools and Redcliffe Hospital
3-Bedroom Home Features:
• Currently renting out on Airbnb at $3,000 - $5,000 per month
• Three queen-sized bedrooms with built-in robes
• Newly renovated kitchen with large pantry, timber/laminate benchtops and eat-at bar
• Stylishly updated bathroom and laundry
• Timber floors through main areas
• Air-conditioned living space
• Fly screens and security grills for peace of mind
2-Bedroom Home Highlights:
• Built in 2024
• Two queen-sized bedrooms with robes
• Coastal Palm Beach-inspired design with white and brushed gold accents
• Gourmet kitchen with full-size eat-at bar
• Elegant bathroom with modern finishes
• Timber floors throughout
• Fly screens and security grills
Location Benefits:
• Just moments from Margate's vibrant retail and dining precinct
• Easy access to public transport, schools, and medical facilities
• A short stroll to the beach for morning swims or sunset walks
This is more than a property-it's a portfolio piece, a lifestyle upgrade, and a smart move all rolled into one. Opportunities like this don't come often, and they don't last long.
