20 Blackwood Rd, Margate is a 5 bedroom, 3 bathroom House with 1 parking spaces and was built in 2022. The property has a land size of 405m2 and floor size of 214m2. While the property is not currently for sale or for rent, it was last sold in February 2022.
That's absolutely right... you cannot escape the fact that this property urgently needs some imagination, hard work, and loving to bring out its best... OR ... you may consider demolition and a clean slate to build your dream home in this popular beachside location. Either way you will not be sorry you take the plunge here with property values sharply on the rise and entry level opportunities such as this very rare.
Abundance and reward await as you embark on this project with an excellent Margate central location amidst quality homes in this sought after area. Come armed with your desires and energy, your toolkit and enthusiasm.... most importantly start gathering your design and decor ideas because this one is perfect for anyone wanting to create their own unique haven. To top it off (literally) you will not be surprised to find the fully grown Franjipanni tree in the front yard.... It doesn't get better than this.
Features include:
Note: This property is not 'Tenant Ready' and as such a Rental Appraisal will not be provided.
BUYERS PLEASE NOTE:
Digital / Virtual walk through available on request
Link to all Documents available digitally on request
Digital Offer process available on www.rosekelly.com.au
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 4,138 properties. Over the last 5 years, Houses in Margate have seen a 89.52% increase in median value, while Units have seen a 77.79% increase. As at 31 January 2025:
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