FOR SALE
EOI Closing: Thurs, 14 November at 4pm

251 Oxley Avenue
Margate QLD 4019

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 710m2
Land area: 809m2
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Rare opportunity to secure a freehold commercial building

RWC Northern Corridor Group is proud to present to the market a rare opportunity to secure a freehold commercial building located in the heart of Margate, just minutes from the beach.
Situated on a busy main road, 251 Oxley Avenue offers a prime development and investment opportunity with excellent exposure in the heart of Margate. There is also the opportunity for an owner occupier with an office or medical business to take advantage of the vacant building.
General Property Features
- 710m2* NLA comprising 455m2* on Ground Floor and 255m2* on First Floor
- 809m2* Centre Zoned Allotment
- High exposure location
- Strong surrounding tenants
- On site car parking at rear of property
- Alarm system
Ground Floor Features
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Property Details for 251 Oxley Ave, Margate

Building Type
Commercial
Floor Size
710m2
Land Size
809m2

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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 4,136 properties. Over the last 5 years, Houses in Margate have seen a 77.43% increase in median value, while Units have seen a 83.46% increase. As at 30 September 2024:

  • The median value for Houses in Margate is $813,068 while the median value for Units is $708,289.
  • Houses have a median rent of $580 while Units have a median rent of $480.
There are currently 36 properties listed for sale, and 27 properties listed for rent in Margate on OnTheHouse. According to CoreLogic's data, 199 properties were sold in the past 12 months in Margate.

Suburb Insights for Margate 4019

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Contact agent
Aaron Canavan
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RWC Northern Corridor Group - Brendale Location
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.