OFF MARKET

3 Knights Terrace
Margate QLD 4019

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 95m2
Land area: 690m2
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Property Details for 3 Knights Tce, Margate

3 Knights Tce, Margate is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1965. The property has a land size of 690m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
House
Year Built
1965
Floor Size
95m2
Land Size
690m2
Local Government
Moreton Bay
Lot/Plan
3/RP75629

Last Listing description (January 2022)

This is an unmissable opportunity to secure a generous 690m2 in Margate, one of the Peninsula's fastest-growing suburbs! This large, flat block could be split into two separate allotments (STCA), or there is a potential for a small development (up to 12m high or 3/4 storeys) that would gaze across the water on the horizon!

For astute builders, this address falls within Moreton Bay Regional Council's "Next Generation Neighbourhood" zoning. It supports the creation of new residential development opportunities to move established pockets into the new decade!

If you're not ready to break ground just yet, there is a modest three-bedroom brick and tile home on the block that is bursting with potential. Renovate the house or land bank for future growth! Please note: There are currently tenants in place.

Many professionals and growing families are looking for a quiet place to hang their hats on weekends, and this fantastic location will appeal to those seeking a relaxed lifestyle with easy access to Brisbane Airport, Brisbane City and the Sunshine Coast.

It is only a short distance to Redcliffe's CBD, local shopping centres, cafes, restaurants, lifestyle amenities and just 1km from Margate Beach! It is a quick drive to Westfield North Lakes, IKEA, Costco and various retailers and restaurants. It is in the catchment for Humpybong State School, nearby Clontarf Beach High School, Southern Cross Catholic College and Grace Lutheran Primary School.

Enquire today!

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Property History for 3 Knights Tce, Margate, QLD 4019

A timeline of how this property has performed in the market
Last Sold
$770,000
08 Nov 2021
Listed for Rent
$260/w
02 Sep 2008
  • 08 Nov 2021
    Sold for $770,000
  • 21 Oct 2021
    Listed for Sale Auction
  • 12 May 2016
    Sold for $390,000
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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 4,140 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 36 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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