FOR SALE
Under Contract

117 Cathedral Road
Margate TAS 7054

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2.5819ha
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"Unleash the Potential – Expansive Vacant Lot at 117 Cathedral Road, Marga

An eye catching 6 + acre parcel of vacant land in Margate offering scenic views out over North West Bay, surrounding hills and countryside. This provides the perfect backdrop for building your dream home, vacation retreat, or even an investment opportunity. With its expansive views, you can enjoy picturesque sunrises and sunsets, all while relishing the privacy and space that 6 acres afford.
The land is versatile, giving you the option to create custom outdoor living areas, gardens, or recreational spaces. Located in a peaceful yet accessible area, it’s close enough to amenities for convenience while still providing the serenity of nature. Utilities such as power, an expansive concrete driveway and sealed road to the property making development straightforward.
Whether you're seeking a tranquil retreat or looking for an investment, this land offers endless potential. Don’t miss the chance to make it yours—contact us today for more information!
Disclaimer: The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however, cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify this information.

Property Details for 117 Cathedral Rd, Margate

Building Type
Land
Land Size
2.5819ha

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About Margate 7054

The size of Margate is approximately 41.9 square kilometres. It has 9 parks covering nearly 5.7% of total area. The population of Margate in 2011 was 3,624 people. By 2016 the population was 3,945 showing a population growth of 8.9% in the area during that time. The predominant age group in Margate is 0-9 years. Households in Margate are primarily couples with children 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, 83.3% of the homes in Margate were owner-occupied compared with 81.6% in 2016.

Margate has 1,809 properties. Over the last 5 years, Houses in Margate have seen a 40.25% increase in median value, while Units have seen a 46.81% increase. As at 30 September 2024:

  • The median value for Houses in Margate is $774,876 while the median value for Units is $541,860.
  • Houses have a median rent of $550 while Units have a median rent of $480.
There are currently 15 properties listed for sale, and 2 properties listed for rent in Margate on OnTheHouse. According to CoreLogic's data, 58 properties were sold in the past 12 months in Margate.

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