2 Sandy LaneMargate QLD 4019
Property Details for 2 Sandy Lane, Margate
Last Listing description (November 2023)
Introducing 2 Sandy Lane, Margate - a stunning opportunity to secure not one, but two captivating 3-bedroom, 1-bathroom flats nestled on a generous 984m block just a stone's throw away from the sparkling waterfront. This prime location offers an enviable coastal lifestyle, where the soothing sounds of the ocean and breathtaking views become an everyday indulgence.
Each flat boasts a thoughtfully designed floor plan, featuring three spacious bedrooms that provide ample space for comfortable living.
Property features:
Prime beachside location
2 x spacious flats
3 bedrooms
1 bathroom
Huge 984m2 Block
Lock up garage
High demand rental properties
No Body Corp
Situated on Sandy Lane, this sought-after address presents a unique investment and development opportunity, The convenient location places you within easy reach of local amenities, including shops, cafes, schools, and public transport options. Don't miss out on this exceptional offering that combines desirable coastal living, flexible accommodation options, and the potential for future growth. Embrace the allure of 2 Sandy Lane and secure your place in the idyllic Margate coastal lifestyle today!
Disclaimer
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes
Property History for 2 Sandy Lane, Margate, QLD 4019
- 12 Aug 2023Sold for $1,390,000
- 14 Jul 2023Listed for Sale Auction
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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 82.40% increase in median value, while Units have seen a 84.79% increase. As at 31 October 2024:
- The median value for Houses in Margate is $835,783 while the median value for Units is $720,481.
- Houses have a median rent of $580 while Units have a median rent of $490.
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