41 Mabel Street, Margate QLD 4019

Situated just 400 metres from the waterfront in Margate's desirable coastal area, this 1950s character cottage offers a unique blend of opportunity and charm. The property sits on a substantial 602m² block zoned as Next Generation Neighbourhood, with existing approval for the development of three townhouses, making it particularly attractive for developers and investors seeking to capitalize on its potential.

The cottage itself is a well-maintained residence that retains much of its original character, featuring high ceilings and polished timber floors that enhance the sense of space and warmth. Complemented by a classic tiled roof, the layout is thoughtfully planned with the main bedroom set apart from the secondary bedrooms, providing a practical separation of living spaces.

Beyond the home, the outlook across Langdon Park adds to the tranquil and established nature of the setting. The flexibility of the site allows for options including subdivision of the rear block (pending approvals) to create an additional homesite or retaining the existing residence to enjoy its beachfront proximity and character-filled ambiance.

This property will appeal to a range of buyers including developers looking for a prime coastal site with development permissions, investors seeking potential dual occupancy options, or families and downsizers who appreciate the charm and convenience of a traditional cottage close to the beach. Such multifaceted opportunities are becoming increasingly rare in this tightly held market.

• Approved for three townhouse developments
• Generous block zoned Next Generation Neighbourhood
• Maintained 1950s cottage rich in character
• High ceilings and polished timber floors throughout
• Separate main bedroom layout enhancing privacy
• Tiled roof and solid construction
• Peaceful outlook over Langdon Park
• Only 400 metres from Margate Beach
• Located in a sought-after coastal enclave east of Oxley Avenue

The combination of location, character, and development potential presents an exciting opportunity for a diverse audience. Whether considering immediate development or enjoying a charming home near the water, this property stands out in the Margate market.