35 Knights TerraceMargate QLD 4019
Property Details for 35 Knights Tce, Margate
35 Knights Tce, Margate is a 7 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1960. The property has a land size of 405m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in November 2007.
Last Listing description (March 2021)
Very nicely renovated, this two unit complex is in the heart of Margate. East facing and with one long term tenant already in place, and another tenant just moved in on a 12 month lease , this rendered highset offers nice return with all the work completed. In a very quiet street and with quick access to major shopping centres, this bright and airy property also boasts:-
UPSTAIRS
* New exterior staircase
* Sunroom entry with tiled floor
* Nice sized lounge with air con and vinyl timber floor
* Modern kitchen with dishwasher, plenty of bench and cupboard space
* Main bedroom is very large - will easily take a king sized bed and built in robes with carpeted floor and overhead fan
* Second bedroom is also king sized with built in robes, carpeted floor and overhead fan
* Third and fourth bedrooms are smaller, ready for single beds
* Modern bathroom with walk in shower
* Separate laundry
DOWNSTAIRS
* Lounge is large with air conditioning
* Modern kitchen with dishwasher and good bench and cupboard space
* Main bedroom is queen sized with built in robes and carpeted floor
* Second bedroom is also a queen sized again with built in robes
* Third bedroom is double sized with built in robes and carpeted floor
* Modern bathroom
* Separate laundry
Both of the homes have their own rear yard with private access and are fully fenced. with their individual garden sheds
Completely separate, able to be owner occupied and maintain the rental, Current rental for the bottom unit is $330.00 p/w . moving to $340.00 in Feb. Top floor rental is $350.00 p/w This can easily be increased, reflecting the virtually 0% vacancy rate currently on the Peninsula.
A double carport completes the picture for this rather special property.
Transport, schools and Margate beach are all close by.
Viewings are by appointment, so call me to arrange your private inspection.
Property Code: 1439
Property History for 35 Knights Tce, Margate, QLD 4019
- 10 Mar 2021Sold for $580,000
- 30 Sep 2020Listed for Sale $600,000
- 17 Jul 2017Listed for Rent $300 / week
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0About 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 4,134 properties. Over the last 5 years, Houses in Margate have seen a 82.40% increase in median value, while Units have seen a 84.79% increase. As at 31 October 2024:
- The median value for Houses in Margate is $835,783 while the median value for Units is $720,481.
- Houses have a median rent of $580 while Units have a median rent of $490.
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