34 Cowen StreetMargate QLD 4019
Property Details for 34 Cowen St, Margate
Last Listing description (February 2024)
Unlock the potential of 34 Cowen Street, Margate - a strategically positioned land parcel poised for transformation and growth. Ideal for astute developers and investors, this property presents a lucrative opportunity in the coveted Margate region.
Nestled in a peaceful street within the sought-after East of Oxley locale, this property is a mere 300m from the waterfront, offering a tranquil setting with promising of ocean breezes. Zoned under Moreton Bay Regional Council's Next Generation Zoning, new homes can be built with fewer restrictions, opening the door to limitless possibilities.
A short walk to Margate Beach, the proximity to shops, schools, and public transport makes this location highly desirable for future residents. Margate Shopping Centre, kid-friendly swimming beaches, boardwalks, parks, and playgrounds are all within easy reach.
This property at a glance:
- 405m2 block
- Wide frontage
- Zoned for Moreton Bay Regional Council's Next Generation Neighbourhood
- Walking distance to Margate beach
- Fully fenced
- 300m to the waterfront
Enjoy the vibrant local scene with nearby establishments like Jumping Goats Bar and the Sebel Margate Beach. For families, it is a quick drop-off to Humpybong State School, Redcliffe State High School, Grace Lutheran Primary School, and Southern Cross Catholic School.
Commuting is a breeze with quick access to the Hornibrook Bridge, Kippa-Ring train station, buses, and major roads connecting to Brisbane City, Bribie Island, and the Sunshine Coast. Plus, a short drive to key destinations like Kayo Stadium, Westfield North Lakes, IKEA, and Costco.
For those with a vision for the future, 34 Cowen Street is a prime canvas for innovative and profitable development. Harness this opportunity to shape the landscape of Margate and reap the rewards of this burgeoning region.
Act quickly to grab the chance to be a part of the exciting growth in this dynamic coastal community.
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 34 Cowen St, Margate, QLD 4019
- 07 Feb 2024Sold for $580,000
- 24 Nov 2023Listed for Sale For Sale
- 16 Jan 2021Sold for $370,000
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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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