OFF MARKET

2/109 Margate Parade
Margate QLD 4019

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 150m2
Land area: 176m2
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Property Details for 2/109 Margate Pde, Margate

2/109 Margate Pde, Margate is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2019. The property has a land size of 176m2 and floor size of 150m2. While the property is not currently for sale or for rent, it was last sold in May 2022.

Building Type
Unit
Year Built
2019
Floor Size
150m2
Land Size
176m2
Local Government
Moreton Bay
Lot/Plan
2/SP254879

Last Listing description (June 2022)

Welcome to Bathers - Margate's exclusive, boutique waterfront apartment complex.

Unit 2 is one of only a handful of luxury residence with access from the large front podium courtyard to the sparkling waters of Moreton Bay.


Featuring three large bedrooms and two deluxe bathrooms, this apartment facing North-East, is modern living at its best.
Perfectly positioned in a premier waterfront enclave, right by the beach on Margate Parade, the open-plan apartment also offers spacious living areas and a contemporary kitchen with high-quality Miele appliances.
The courtyard-style balcony encapsulates the breathtaking never-to-be-built-out Moreton Bay views, making this area ideal for entertaining guests or enjoying a well-earned sundowner.

Other features include;
* Master suite with water views and opulent ensuite
* Bespoke kitchen with Miele appliances throughout
* Bedrooms 2 and 3 share convenient second courtyard
* Highest quality fittings and fixtures
* Control 4 technology throughout
* Reverse cycle ducted air conditioning
* Separate laundry
* Side by side double car accommodation
* Storage cage

Contact Cameron today for further details

Property History for 2/109 Margate Pde, Margate, QLD 4019

A timeline of how this property has performed in the market
Last Sold
$1,200,000
27 May 2022
  • 27 May 2022
    Sold for $1,200,000
  • 20 May 2022
    Listed for Sale Interest over $1,195,000
  • 24 Jun 2019
    Sold for $943,000

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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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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.