FOR SALE
$720,000 +

62 Cutts Street
Margate QLD 4019

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 125m2
Land area: 410m2
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Little Miss Renovator!

Jay & Michelle Peters are giving Ray White buyers the opportunity to exclusively purchase a development opportunity project with several options.
Subject to relevant council approvals the possibilities here are many. Look to renovate the home as it is or possibly lift the home and add in a bottom level, or perhaps remove the home and rebuild your dream home here, the choice is yours!
This charming 3 bedroom + study lowset property at Margate is now available to purchase! Features include: Timber kitchen, polished timber floors, built ins to all bedrooms, air conditioned lounge room, single lock-up carport and large entertainment area with timber floor decking.
The house is currently tenanted until 10/10/24 @ $470 per week.
Don't miss out on this rare development in a prime location. Call now Jay & Michelle Peters on 0404 999 593 to schedule a viewing or request the video walkthrough on the home and land.
Disclaimer:
In preparing this advertisement we have endeavoured to ensure the information contained is true and accurate. We accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.

Property Details for 62 Cutts St, Margate

62 Cutts St, Margate is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 410m2 and floor size of 125m2. The place is currently for sale with Ray White Scarborough.

Building Type
House
Floor Size
125m2
Land Size
410m2

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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 4,149 properties. Over the last 5 years, Houses in Margate have seen a 82.13% increase in median value, while Units have seen a 76.71% increase. As at 31 August 2024:

  • The median value for Houses in Margate is $803,577 while the median value for Units is $687,856.
  • Houses have a median rent of $580 while Units have a median rent of $475.
There are currently 46 properties listed for sale, and 36 properties listed for rent in Margate on OnTheHouse. According to CoreLogic's data, 202 properties were sold in the past 12 months in Margate.

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