OFF MARKET

3/109 Margate Parade
Margate QLD 4019

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 181m2
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Last updated 30 Sep 2024
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Property Details for 3/109 Margate Pde, Margate

3/109 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 181m2. While the property is not currently for sale or for rent, it was last sold in June 2021.

Building Type
Unit
Year Built
2019
Land Size
181m2
Local Government
Moreton Bay
Lot/Plan
3/SP254879

Last Listing description (July 2021)

The 'Bathers' complex on Margate Parade, Margate has drawn plenty of attention due to its fabulous position overlooking Margate Beach... Bathers apartments have every inclusion you could think of and are finished to a very high standard. Any fastidious buyer would find this beautifully presented apartment comparable to buying a brand new unit. Located on the first level, this lovely unit has its own secure, private access to the street as well as the standard access (which is wheelchair friendly).
The apartment can be purchased either vacant or fully furnished - you choose! The listed price includes an amazing high-end furniture, electrical and accessory package that was specifically purchased to suit the style and layout of the property - no expense was spared, but naturally that is all negotiable. So a new owner could move in with just their personal possessions and enjoy their 'Sea change' lifestyle immediately or move in with all of their own furniture...
If the thought of being able to meander along the boardwalk, enjoy the sand between your toes or swim in the safe waters of Margate Beach every day appeals to you, then this is the perfect location for you! Within walking distance of Redcliffe central for those who love a good stroll or just pop down the road to have a bite to eat at Sunny's (The Sebel) or delicious fish and chips at Seafood Lovers.

Also just a five-minute walk to Margate Village Shopping Centre where you will find Woolworths, a pharmacy, newsagency, butcher, Post Office, etc.
Those with grandchildren will love being able to walk to the beach, parks, playgrounds and the infamous lagoon at Settlement Cove.

Unit 3 features include:

Beautiful bay views without compromising on privacy from the street
Three large bedrooms - the Master bedroom located at the front with gorgeous bay views
Sensational bathroom and ensuite fit-out
His and her walk-in robe and large built-ins in spare rooms
Open-plan living including a superb 75inch Sony television
Large front balcony with beautiful bay views and easy and secure direct street access
Second private rear courtyard area
Marine-grade stainless steel Prowler Proof security screens to the rear - allowing sea breezes to flow-through
Massive kitchen with quality Miele appliances plus a F&P 614L French door fridge/freezer
Plenty of kitchen storage
Ducted air-conditioning and ceiling fans throughout
Amazing automated system for lighting, fans and air-conditioning - great mood lighting!
Tinted windows for privacy
Large potted plants in the courtyard areas will stay (Zanzibar Gems included!)
High-speed NBN
Separate laundry - Miele 8kg washer included
Two secure car spaces - side by side
Large storage cage
Extensive furniture and accessory package included in the sale
Modest Body Corporate fees
Located directly behind the 'BATHERS' sign

The Unit 3 'inclusions package' contains very impressive 'Jordana' furniture throughout (an expensive Nick Scali range), high-quality electronics and sensational artwork - selected for the modern feel of this beautifully appointed apartment. You'll also appreciate the high-quality aluminum and ceramic outdoor furniture that not only looks great but also withstands our gorgeous however often (furniture) damaging climate... Certainly available as vacant possession too.
With a current rental appraisal of $750.00 per week, this fully-furnished (or empty) apartment would give a much better return than the bank if utilised as an investment property. Often buyers are not ready for their move for 1-2 years, so a rental income in the interim is ideal.

Such convenient travel times from 109 Margate Parade:
Less than 10 minutes to Kippa-Ring train station
Less than 30 minutes to Brisbane airport
Approximately 35 minutes to Brisbane CBD

Inspections are by private appointment only, so please call Karen Prince now on 0437 015 951 to book your appointment...

*** Please note that the original floorplan has a slight change - the configuration of the ensuite and walk-in robe in the Master bedroom are reversed ***

Property History for 3/109 Margate Pde, Margate, QLD 4019

A timeline of how this property has performed in the market
Last Sold
$1,100,000
01 Jun 2021
  • 01 Jun 2021
    Sold for $1,100,000
  • 26 Feb 2021
    Listed for Sale Not Disclosed
  • 10 Sep 2019
    Sold for $955,000
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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 4,148 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 48 properties listed for sale, and 31 properties listed for rent in Margate on OnTheHouse. According to CoreLogic's data, 192 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.