FOR SALE
Expression of Interest over $5,000,000

Contact Agent For Address
Margate QLD 4019

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2005m2
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Opportunities Knocks!!!

Profitable Freehold Childcare Daycare Centre: A consistently profitable and meticulously maintained childcare daycare centre forms the core of this investment. Purpose-built and currently catering to a maximum capacity of 78 children, it serves as a reliable income stream.
Versatile Retail Spaces: In addition to the daycare centre, the property includes three vacant shops, with the potential for a total of nine shops including the daycare space. Investors can capitalize on these spaces, tailoring them to suit a variety of retail or service-oriented businesses.
Spacious Area: Spanning an impressive 2,005m2, the property boasts a substantial footprint to accommodate various business endeavours.
Solar: Embrace sustainability with 18kw solar panels installed on the premises, reducing operational costs, and aligning with eco-friendly initiatives.
Onsite Parking: Convenience is key, and this property provides ample onsite parking to accommodate both customers and tenants.
Ongoing Concern: The property is being sold as an ongoing concern, presenting a seamless transition for the new owner to continue reaping the benefits of the existing businesses.
Strategic Location: Nestled in a prime location, the property is in proximity to all essential amenities, ensuring high visibility and accessibility for both customers and tenants.
Development Approval in Place: A significant advantage for prospective investors is the existing development approval for an extension at the childcare daycare centre. This paves the way for additional opportunities and increased revenue potential.
Don't miss out on this rare opportunity to acquire a mixed-use retail investment that seamlessly combines immediate returns with the promise of future growth.
For Sale: E.O.I. over $ 5 Million
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Property Details for Contact Agent For Address, Margate

Building Type
Commercial
Land Size
2005m2

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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 37 properties listed for sale, and 27 properties listed for rent in Margate on OnTheHouse. According to CoreLogic's data, 198 properties were sold in the past 12 months in Margate.

Suburb Insights for Margate 4019

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Contact agent
Vijay Kumar
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Kristy Carsburg
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Ray White North Lakes
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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.