Currently returning in excess of $70,000 p.a. between the 4 flats (number 4) and free standing house (number 6), this would make a fantastic investment opportunity- even better with record low interest rates.
An offering not to be missed is this rare 1217sqm block just 100 metres to the waterfront and offering an array of options. Our instructions are clear- the Seller wants this property SOLD!
Zoned General Residential/Urban Neighbourhood, you can build up to a height of 21 metres. Neighbouring properties towards the waterfront are zoned Next Generation Neighbourhood with a maximum height of 12 metres- this should allow at least the top 3 levels to maintain Views to Moreton Island and Port of Brisbane regardless of further construction under the current Town Plan.
With a demonstrated strong demand for apartment living in this prime location for holiday and permanent occupants, this is an opportunity not to be missed.
Located centrally and within easy walking distance to Margate shopping, miles of waterfront, Redcliffe CBD and restaurants.
Margate is located approximately 24 mins to Brisbane Airport and approximately 43 mins to Brisbane CBD.
Contact Brendan or Lindsay at Abode Properties today to arrange your private inspection.
**All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.**
0431 103 503
0438 830 322
7 4 3