20 Chatham StreetMargate QLD 4019
Property Details for 20 Chatham St, Margate
20 Chatham St, Margate is a 2 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 1014m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom House sold in Margate in the last 12 months.
Last Listing description (February 2024)
First time offered in almost thirty years, this property will suit the savvy buyer who can see the potential for development. This is a lovely size block of 1014 sqm with two street access. The zoning is general residential within the next generation neighbourhood precinct which allows for a variety of development including dual occupancies, terrace housing, low and medium rise apartments, and townhouses.
The house is in need of major renovation and has not been lived in for a number of years. It is approximately 100 years old and has had several makeovers in that time - originally a timber home which has been bricked over.
The elevated corner block would be ideal for a sub division and two double storey homes with water views erected.
There is currently a triple colourbond garage on the block which is in very good condition.
The location is convenient with the beach, schools, medical facilities, bus transport and shopping centre close by. The elevated position means there is always a cool breeze and it is flood free.
Disclaimer: This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty of representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.
Property Code: 2095
Property History for 20 Chatham St, Margate, QLD 4019
- 09 Aug 2024Listed for Sale Brand New Townhouses with Water Views
- 09 Feb 2024Sold for $1,150,000
- 28 Nov 2023Listed for Sale FOR SALE
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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 4,145 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:
- The median value for Houses in Margate is $806,333 while the median value for Units is $674,679.
- Houses have a median rent of $580 while Units have a median rent of $475.
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