3/75 Margate ParadeMargate QLD 4019
Property Details for 3/75 Margate Pde, Margate
3/75 Margate Pde, Margate is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1977. The property has a land size of 103m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in August 2020.
Last Listing description (October 2020)
With a water view from almost every room this property oozes the charm of beach side living. NEVER be built out with water views guarantee for life! The property is immaculate and features modern updates and spacious bedrooms. The hard work has already been done so imagine sitting on your front balcony enjoying a morning coffee or afternoon wine while you watch the waves rest on the shoreline.
This property sits opposite Margate Beach and enjoys panoramic views of Moreton Island and the Bay from the first floor of the complex. The unit is in a small, well maintained, complex of just 6 and enjoys low Body Corporate fees. Positioned opposite the best stretch of beach on the Peninsula and just a few minutes walk to Margate CBD, Woolworths, cafes, shops and public transport this one deserves attention. Going to the beach is on your doorstep with water sports, fishing and swimming across the road. For those looking to enjoy the Peninsula lifestyle you are opposite kilometres of flat waterfront walkways and parks with Redcliffe CBD just 2km away with all the cafe's, restaurants and the fabulous Sunday markets.
The property features:
- 2 spacious bedrooms with built in robes and ceiling fans. The master bedroom has amazing water views
- Open plan lounge kitchen and dining room. This space is orientated to make the most of the ocean vistas and features newish vinyl floors, a reverse cycle air conditioner and flows to the front tiled balcony
- Modern kitchen with electric stove, rangehood, practical bench space and good storage
- Updated bathroom and laundry combined. There is a shower and a bathtub. The toilet is separate
- East facing front balcony to sit and watch the world go by
- 1 car lock up garage with remote control door
- Security screens on the windows and doors
If you are looking for a great investment this one already has an excellent tenant in place. Alternatively, wait until the tenants lease ends and move in and enjoy absolute beachside living for yourself Feel like youre on holidays all year around.
Property Code: 1407
Property History for 3/75 Margate Pde, Margate, QLD 4019
- 14 Aug 2020Sold for $438,000
- 05 Aug 2020Listed for Sale $445,000
- 13 Nov 2019Listed for Rent $360 / week
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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 4,138 properties. Over the last 5 years, Houses in Margate have seen a 85.80% increase in median value, while Units have seen a 90.82% increase. As at 31 December 2024:
- The median value for Houses in Margate is $846,193 while the median value for Units is $743,066.
- Houses have a median rent of $580 while Units have a median rent of $510.
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