FOR SALE
Offers Over $785,000.

102 Duffield Road
Margate QLD 4019

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 300m2
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Returning $840/wk Rent!

Live in one and rent the other - Dual Income Investment - Often sought, but rarely offered. Email me for a video walk-through.
The perfect investment - 2 flats only 900 meters to kilometers of sandy beach, walking/bike paths, cafes, bars and restaurants, shopping centre, schools and medical services - the location is amazing!
Construction – Built in 1950 of weatherboard, concrete block, hardwood and fibro construction, well fenced with timber perimeter fencing, garden shed for extra storage, double carport for off-street parking. There is potential for some renovation to improve capital.
The electricity is separately metered and paid by the tenants and the water is included within the rent which totals $840/wk. Council rates are approx. $545 per quarter and Unity Water is approx. $450 per quarter
The ground floor flat has been renovated and offers new paint, new kitchen & bathroom and has been completely re-wired. There are 2 large bedrooms and the living, dining & kitchen are open plan in design. Lease up for renewal in July 2025.
Upstairs offers potential to renovate and add value. There are 2 bedrooms, an eat-in kitchen, living room and an office area. Lease up for renewal in September 2025.
Dual living properties are often sought by investors for the above average yield and multi-generational families for convenience and affordability. Don't delay – contact Mike for further details and arrange an inspection today.
NOTE that the internal images have been altered to not include the tenants belongings.

Property Details for 102 Duffield Rd, Margate

102 Duffield Rd, Margate is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 300m2. The place is currently for sale with Homes4U.

Building Type
House
Year Built
1950
Land Size
300m2

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About Margate 4019

The size of Margate is approximately 2.6 square kilometres. It has 12 parks covering nearly 6.8% of total area. The population of Margate in 2011 was 7,007 people. By 2016 the population was 7,390 showing a population growth of 5.5% in the area during that time. The predominant age group in Margate is 40-49 years. Households in Margate are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Margate work in a professional occupation. In 2011, 51.2% of the homes in Margate were owner-occupied compared with 53.2% in 2016.

Margate has 4,139 properties. Over the last 5 years, Houses in Margate have seen a 85.74% increase in median value, while Units have seen a 97.06% increase. As at 30 November 2024:

  • The median value for Houses in Margate is $847,891 while the median value for Units is $724,021.
  • Houses have a median rent of $575 while Units have a median rent of $495.
There are currently 35 properties listed for sale, and 21 properties listed for rent in Margate on OnTheHouse. According to CoreLogic's data, 200 properties were sold in the past 12 months in Margate.

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Mike Smithers
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Dave Mccreadie
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