3 Knights TerraceMargate QLD 4019
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.
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!
Property History for 3 Knights Tce, Margate, QLD 4019
- 08 Nov 2021Sold for $770,000
- 21 Oct 2021Listed for Sale Auction
- 12 May 2016Sold 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 4,145 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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