1a Webb St, Margate is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 445m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in July 1998.
A little piece of history!
This 445m2 block of land was once home to the Ol' Margate Fire Station! It still plays host to the original fire truck shed! The cozy cottage that currently lives on this block is neat, tidy and functional and a great stop over while you eventually decide on your future plans!
The Mixed Residential Zoning presents the opportunity to either build your dream three story home with views out to the bay or hold and eventually develop for future wealth creation!
The quality and exquisiteness of the surrounding homes in the street provide incredible inspiration if you were to go down the path of creating your dream home!
Situated at the end of the cul de sac, the locality of this block is extremely desirable. Within walking distance to the local primary school, public transport, the Margate shopping hub and metres from the sea, this is one of the few opportunities left for you to bring your peninsula vision to life!
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 4,139 properties. Over the last 5 years, Houses in Margate have seen a 85.74% increase in median value, while Units have seen a 97.06% increase. As at 30 November 2024:
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