SOLD
Sold on 09 May 2024 for $1,950,000

4 Mcculloch Avenue
Margate QLD 4019

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 235m2
Land area: 812m2
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Property Details for 4 Mcculloch Ave, Margate

4 Mcculloch Ave, Margate is a 0 bedroom, 0 bathroom Unit and was built in 1950. The property has a land size of 812m2 and floor size of 235m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 0 bedroom Unit sold in Margate in the last 12 months.

Building Type
Unit
Year Built
1950
Floor Size
235m2
Land Size
812m2
Local Government
Moreton Bay
Lot/Plan
42/RP214610

Last Listing description (May 2024)

Calling all developers and seasoned builders!

Now for sale, 4 - 6 McCulloch Avenue, Margate, offers a rare investment opportunity - an expansive 1,217m2 plot with an impressive 40-metre frontage, strategically nestled adjacent to Margate's tranquil waterfront, offering unmatched potential.

The site is DA approved for 20 luxury units composing of a variation of 2 & 3 beds, offering waterfront views. Alternatively, the lot holds subdivision potential, subject to approval, for multiple dwellings.

Margate stands as a dynamic suburban enclave, characterised by a wealth of fashionable cafes and dining establishments, pristine sandy shorelines, and a captivating 2km waterfront promenade. Its close proximity to esteemed landmarks such as The Sebel, Bluewater Square, and Margate Shopping Village, as well as essential medical facilities including medical centres and Redcliffe Hospital, enhance its appeal.

Furthermore, Margate offers convenience through its short driving distance to Westfield North Lakes. Transportation options are abundant, with easily accessible rail and bus connections to the CBD, rendering Brisbane Airport and the Sunshine Coast well within reach. Margate emerges as the quintessential location for those seeking an enriched lifestyle experience.

Contact one of our listing agents for further information.

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Property History for 4 Mcculloch Ave, Margate, QLD 4019

A timeline of how this property has performed in the market
Last Sold
$1,950,000
09 May 2024
Listed for Rent
$215/w
08 Nov 2014
  • 09 May 2024
    Sold for $1,950,000
  • 02 May 2024
    Listed for Sale Contact Agent
  • 12 Jul 2023
    Listed for Sale For Sale
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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 4,136 properties. Over the last 5 years, Houses in Margate have seen a 77.43% increase in median value, while Units have seen a 83.46% increase. As at 30 September 2024:

  • The median value for Houses in Margate is $813,068 while the median value for Units is $708,289.
  • Houses have a median rent of $580 while Units have a median rent of $480.
There are currently 37 properties listed for sale, and 27 properties listed for rent in Margate on OnTheHouse. According to CoreLogic's data, 198 properties were sold in the past 12 months in Margate.

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