12 Magnolia St, Margate is a 0 bedroom, 2 bathroom House with 4 parking spaces and was built in 1970. The property has a land size of 792m2 and floor size of 104m2. While the property is not currently for sale or for rent, it was last sold in June 2021.
This wonderful family home is on the market for the first time in over 40 years. It's a perfect match for multi-generational families as it is totally equipped for dual living, especially catering for someone with a disability.
Located in a quiet street and surrounded by quality homes, it's a mere 1.5km to the waterfront, supermarket & shops; just a little further to quality local schools and only meters to public transport.
The upstairs features a lovely renovated kitchen and opens onto the large entertaining deck which overlooks the leafy backyard and double bay shed. There's plenty of room for a pool, and with easy side access to the shed, the trailer and other toys could also be accommodated.
Downstairs is just shy of legal height but is set up for independent living with its own kitchen, bathroom and 2 separate living areas; one of which is air-conditioned. There is also an air-conditioned & carpeted multi-purpose room which has been used as a bedroom.
Whether you wish to accommodate elderly parents or teenagers close to you, yet have them be independent, this home is the perfect solution.
Main features include:
Upstairs:
3 built-in & air-conditioned bedrooms
Spacious living with polished timber floors
Internal stairs with a chair lift
Renovated kitchen with stone tops, electric appliances, dishwasher & loads of storage
Updated bathroom with separate bath, shower & toilet
Large entertaining deck with shade blinds
Downstairs:
Tiled throughout with carpet in the multi-purpose room
Air-conditioned living area
Kitchen with cooktop & oven
Rumpus with storage cupboards
Air-conditioned multi purpose room
Bathroom with disability aids
Shared laundry
General features:
North facing aspect
Secure double carport at front
Fully fenced & gated 792m2 block
Solar Hot Water
NBN & Foxtel
Security Screens
Double bay shed at rear (unpowered)
Vehicle side access
Hard wired security system with cameras
This property will be popular so make sure you are quick to inspect. Open times will be advertised online or call Lynette for more information.
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 4,145 properties. Over the last 5 years, Houses in Margate have seen a 81.48% increase in median value, while Units have seen a 72.95% increase. As at 31 July 2024:
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