Positioned within one of Margate's most tightly held pockets east of Oxley Avenue, this elevated 521sqm allotment with an impressive 19-metre frontage presents an exceptional opportunity to secure a blue-chip coastal address just moments from the waterfront, with views to Moreton Island further enhancing its appeal.
The home itself offers a practical and comfortable layout, featuring three bedrooms, a central bathroom, and flexible living spaces that cater to everyday family living. Filled with natural light and positioned to capture coastal breezes, it provides immediate liveability while offering clear scope to update or enhance over time.
The lower level presents a highly adaptable utility space, offering exceptional flexibility for a range of uses, complete with the added convenience of a second toilet.
Beyond its immediate appeal, the property offers genuine future upside, with potential to explore a side-by-side duplex development, renovate, landbank, lease out, or build a dream coastal home, subject to council approval and buyer due diligence. With strong demand for low-maintenance coastal living across the Redcliffe Peninsula, this is a strategic landholding with flexibility, position, and long-term value.
Positioned on a generous block with a wide frontage, the property opens the door to a range of possibilities-whether you're looking to renovate, rebuild, or capitalise on the land in a high-demand peninsula location.
What truly elevates this opportunity is the lifestyle on offer. Just a short stroll to the Margate foreshore, local cafes, and essential amenities, this is a location that continues to attract strong buyer demand for its relaxed coastal feel and long-term growth.
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 accurat