6 Robertson Avenue, Margate QLD 4019

This unique property offers a rare investment and lifestyle opportunity through three fully self-contained flats consolidated on a single freehold title, perfectly positioned just a short stroll from Margate's vibrant waterfront and village precinct. Spanning a 506sqm allotment with a substantial 17.6-metre frontage, the site combines coastal convenience with solid returns.

The existing lease agreements provide immediate income, currently yielding a gross rental return of $52,520 per annum with a scheduled increase to $54,080 from October 2026. Each flat maintains a practical layout featuring two bedrooms and one bathroom, ideal for steady tenancy and diverse occupant needs. Leases are staggered through early to mid-2027, allowing flexibility in asset management.

While the interiors reflect their original condition, this characteristic presents an opportunity for value enhancement through renovation, appealing to investors with renovation expertise or vision. Furthermore, the property benefits from General Residential zoning in the Next Generation Neighbourhood Precinct, suggesting potential for future redevelopment subject to council approval.

• Three self-contained flats under one title, enhancing investment efficiency
• Consistent rental income stream with built-in rental escalation
• Opportunity to add value via renovations or potential redevelopment
• Prime coastal location within easy reach of amenity-rich Margate Beach and surrounding facilities
• Access to reputable local schools and essential services within convenient distance

This property suits investors seeking immediate income combined with the potential for capital growth through redevelopment or refurbishment. Its proximity to the beach, shopping, healthcare, and public transport highlights the bay-side lifestyle and practical advantages for tenants or future residents alike.