This is a rare opportunity to acquire a solid brick home on a huge 810m2 allotment, right in the heart of high-growth Margate! Whether you are a keen renovator ready to make this classic shine, want to subdivide the land or use the current development approval for 5 architecturally designed Townhouses.
Offering an elevated position, a brand-new home that reaches two or three storeys would capture water views-which can already be observed from the block! It has a wide 20m frontage and 41m (approx.) depth and there is a granny flat/beach shack at the rear that could be renovated or removed to add a swimming pool or an extension.
At the front is a low-set brick home with two bedrooms, a main living, dining and kitchen area and a retro bathroom with a shower, bathtub and separate toilet. The double garage will surprise you, flowing through to a second living area or providing ample space for three cars/weekend toys.
The granny flat needs a bit of love but would shine up beautifully! It has an open living area, kitchenette, bathroom and loads of extra storage. Water and power are already connected, so it could be ideal for those with a home-based business!
This property falls within one of Moreton Bay Regional Council's "Next Generation Neighbourhood" zones, accommodating new residential development opportunities and moving established pockets into the new decade!
This property is only a short walk from Woolworths Margate, local cafes, restaurants, amenities, less than 1km from Margate Beach, 2km from Woody Point Pier and various kid-friendly swimming spots. It is in the catchment for Humpybong State School, nearby Clontarf Beach High School, Southern Cross Catholic College and Grace Lutheran Primary School. City-bound commuters will appreciate the easy access to the Gateway Motorway via the Hornibrook Bridge.
If you would like more information about the current development approval please email.
Don't miss your chance to view!
