33 Cowen StreetMargate QLD 4019
Property Details for 33 Cowen St, Margate
33 Cowen St, Margate is a 7 bedroom, 3 bathroom BlockOfUnits with 1 parking spaces. The property has a land size of 405m2. While the property is not currently for sale or for rent, it was last sold in March 2025. There are 20 other 7 bedroom BlockOfUnitss sold in Margate in the last 12 months.
Last Listing description (March 2025)
Positioned in the thriving coastal suburb of Margate, a mere 400 meters from the sparkling shores of Margate Beach, 33 Cowen Street offers an exceptional opportunity for investors and developers alike. Boasting Next Generation Neighbourhood zoning, this versatile property is set to benefit from the region's growth and appeal, making it a strategic asset for those seeking immediate rental returns and long-term development potential. With its proximity to Suttons Beach, Redcliffe's vibrant recreational precinct, and an array of local amenities, this is an unmissable investment.
This unique property comprises three self-contained units, each designed for modern living and refreshed to a high standard. With a combined layout of three units, 1 x four-bedroom, 1 x two-bedroom, and 1 x one-bedroom units, the property offers the flexibility to accommodate various tenant profiles. Each unit has been carefully upgraded with contemporary finishes, ensuring strong rental demand while providing an enticing holding income for future redevelopment plans.
Features:
- Four-Bedroom top floor unit
- Modern bathroom and updated kitchen
- Polished timber floors throughout
- Ceiling fans and front balcony capturing ocean breezes
- Freshly painted with crisp white tones
- Large living room, sun room and free flowing layout
Unit 2
- Two-Bedroom ground floor
- Good sized living room
- Updated kitchen
- Updated bathroom and with laundry
- Timber look flooring and ceiling fans
- Block-out blinds for privacy
Unit 3
- One-Bedroom ground floor
- Neat and tidy layout with tiled living spaces
- Bathroom with laundry facilities
- Freshly painted interior and block-out blinds
Extra features:
- On-street parking
- Fully fenced backyard with established low-maintenance landscaping
- Storage shed
Boasting an enviable east of Oxley Avenue position, residents can spend down time strolling along the waterfront and cooling off at Margate Beach. Suttons Beach is a quick 5-minute drive, while Margate Shopping Centre is less than 3 minutes away. Redcliffe Parade, with its bustling cafes, restaurants, and weekend markets, just 7 minutes away. Families will appreciate the proximity to quality schools and commuters will love the ease of access to Kippa-Ring Station, just 6 minutes away, providing direct rail links to the CBD. 20 minutes to North Lakes and 40 minutes to Brisbane means this lifestyle location delivers accessibility with ease.
Margate is a hub of opportunity, with consistent growth in property demand driven by its lifestyle appeal and proximity to Brisbane. Whether you're an investor seeking immediate returns or a developer looking to leverage the zoning for a future project, this property delivers unmatched potential in one of Moreton Bay's most sought-after suburbs.
Don't miss your chance to secure this incredible opportunity. Contact The Ben's today to take advantage of this standout investment.
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 33 Cowen St, Margate, QLD 4019
- 18 Feb 2025Sold for $900,000
- 30 Nov 2024Listed for Sale Offers Over $899,000
- 30 Sep 2021Sold for $626,000
Recent sales nearby
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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 87.33% increase in median value, while Units have seen a 93.10% increase. As at 28 February 2025:
- The median value for Houses in Margate is $859,198 while the median value for Units is $773,906.
- Houses have a median rent of $580 while Units have a median rent of $510.
What's around 33 Cowen St, Margate
33 Cowen St, Margate is in the school catchment zone for Humpybong State School and Redcliffe State High School.
Suburb Insights for Margate 4019
Market Insights
Margate Trends for Houses
$859k
9.81%
View Trend$580/W
3.92%
Margate Trends for Units
$774k
18.78%
View Trend$510/W
4.02%
Neighbourhood Insights
Age
Population 7,390
0-9
12%
10-19
11%
20-29
10%
30-39
12%
40-49
15%
50-59
14%
60-69
13%
70-79
8%
80-89
4%
90-99
1%
Household Structure
Occupancy
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