Overview

Act now to secure the future with this remarkable property that consists of two lots on two titles, totaling 1,371 square meters combined (865 square meters and 506 square meters) with a frontage of approximately 34 meters wide.

The land is nearly flat with a slight slope towards the water and is free from large trees, making it an ideal site for development or investment.

Each lot features a house that is currently rented, generating a combined rental income of $940 per week ($400 and $540 per week). Both houses are in good condition considering their age and are ready for rental, with potential to increase the rent to between $1,100 and $1,150 per week in the near future.

Located just a few meters from the stunning Margate Beach, this property offers breathtaking views and refreshing sea breezes. It is conveniently close to schools, shops, and public transport, representing a fantastic opportunity to invest or develop in the growing Queensland market.

With the main shopping center just around the corner and proximity to all essential amenities, this location is both rare and advantageous for future growth.

The property is zoned as Centre, and the precinct is classified as District Centre, providing endless opportunities for future use and value appreciation.

This property must be sold, so make your offer before the end of this month.

Information contained in any marketing material, website, or other portal should not be relied upon; you should conduct your own inquiries and seek independent advice regarding any property advertised or the information about the property.

• Amazing location just meters from the beach
• Close to all amenities
• Two lots on two titles
• Combined land size of 1,371 square meters
• Frontage of 34 meters wide
• Slight slope towards the water
• Easy to build with endless opportunities

Location