OFF MARKET

26 Macdonnell Road
Margate QLD 4019

Bedrooms: 9
Bathrooms: 5
Car spaces: -
Floor area: 332m2
Land area: 860m2
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Property Details for 26 Macdonnell Rd, Margate

26 Macdonnell Rd, Margate is a 9 bedroom, 5 bathroom Unit and was built in 1930. The property has a land size of 860m2 and floor size of 332m2. While the property is not currently for sale or for rent, it was last sold in October 2023.

Building Type
Unit
Year Built
1930
Floor Size
332m2
Land Size
860m2
Local Government
Moreton Bay
Lot/Plan
15/RP30380

Last Listing description (November 2023)

Astute developers-take note! This is a rare chance to secure three blocks of land, side by side, totalling a substantial 1,935m2 on four titles.

It is DA approved by MBRC for a "material change of use" - with a development permit accepted for a "multiple dwelling project (up to 40 dwellings)."

Currently on the blocks are three very distinct properties, including a unit complex with five homes. However, with the DA approved permit already in place, it can easily be changed to accommodate a large-scale building project, which are continually in high demand on the Peninsula.

The location is fantastic-it sits squarely between Margate Beach and Suttons Beach, minutes from the Esplanade, local shopping centres and cafes, Redcliffe Hospital, Kayo Stadium and a short drive to Brisbane City.

Breakdown of the properties:
- Number 24: Is a classic high-set home with 3-bedrooms and solid bones, ripe for a renovation
- Number 26: Is a block of 5 units with 4x 2 bedroom, 1 bathroom units and 1x 1 bedroom, 1 bathroom unit (this block holds two titles)
- Number 28: Is a single house that is designed with dual living arrangements, complete with two separate dwellings inside that each have a full kitchen, two bedrooms, and a full bathroom. It cannot be rented separately; however, it would be ideal for grandparents, older children or separate but connected living situations.

Land like this is nearly impossible to find on the Redcliffe Peninsula and this opportunity will not come again! Just minutes from Margate Beach and Suttons Beach, The Sebel Margate, various restaurants, cafes and great nightlife, it offers a wonderful lifestyle. It is close to Kippa-Ring Shopping Centre, Margate Shopping Centre, Bluewater Square and Westfield North Lakes. It's easy to access Redcliffe Hospital and various lifestyle and medical amenities. It's near Kippa-Ring's train station, buses and the Gateway Motorway. It is in the catchments of Humpybong State School and Redcliffe State High School, nearby Grace Lutheran Primary and Southern Cross Catholic.

Disclaimer:
In preparing this advertisement we have endeavoured to ensure the information contained is true and accurate. We accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.

Property History for 26 Macdonnell Rd, Margate, QLD 4019

A timeline of how this property has performed in the market
Last Sold
$1,000,000
06 Oct 2023
Listed for Rent
22 Apr 2016
  • 07 Nov 2023
    Listed for Sale For Sale
  • 06 Oct 2023
    Sold for $1,000,000
  • 12 May 2022
    Sold for $1,288,889
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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 4,140 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:

  • The median value for Houses in Margate is $847,891 while the median value for Units is $724,021.
  • Houses have a median rent of $575 while Units have a median rent of $495.
There are currently 35 properties listed for sale, and 21 properties listed for rent in Margate on OnTheHouse. According to CoreLogic's data, 197 properties were sold in the past 12 months in Margate.

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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.