40 Dunbar StreetMargate QLD 4019
Property Details for 40 Dunbar St, Margate
40 Dunbar St, Margate is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 810m2 and floor size of 118m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 3 bedroom House sold in Margate in the last 12 months.
Last Listing description (May 2024)
Welcome to an exceptional opportunity for developers and builders at 40 Dunbar Street, Margate. This property distinguishes itself with a unique offering-two titles spanning two lots, totaling an expansive 810m2. Nestled in the Next Generation Neighborhood Precinct, this prime real estate unlocks a multitude of possibilities for innovative development. Seize the chance to shape an outstanding project in one of Margate's most promising locations.
The property already features a two-story home, presenting an ideal prospect for renovators or investors looking to tap into the high demand for rentals in the region, whether for land banking or updating. Boasting 3 bedrooms with timeless timber flooring, sunlit interiors, and a spacious covered alfresco area, this property offers a multitude of appealing features. Enjoy free-flowing living with seamless integration between the dining, living space, and kitchen, all generously proportioned.
On the lower level, discover a fully enclosed space providing single, lock-up parking, a convenient laundry area, and ample storage.
Key Features:
- Zoned for Next Generation Neighbourhood Precinct
- Unique opportunity for land banking
- Two lots on separate titles
- Land Size: 810m2
- Two-story house with three spacious bedrooms
- Large kitchen with ample storage
- Expansive separate lounge and dining areas
- Generous covered patio
- Fully fenced backyard
Strategically positioned for growth and connectivity in the heart of Margate, this residence enjoys a coveted location just 700m from the pristine Margate Beach. Imagine the convenience of being within walking distance to parks and beaches, with cafes, schools, and public transport in close proximity. Only minutes away from the vibrant Redcliffe Esplanade and a straightforward 30-minute commute to Brisbane, this outstanding location encapsulates lifestyle living at its best.
A golden opportunity for your portfolio, the possibilities here are vast. Act now to secure your stake in this prime real estate. This is your chance to transform this promising space into a landmark development. Your vision starts here.
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.
*Please note the tenants belongings have been digitally removed from the photos.
Property History for 40 Dunbar St, Margate, QLD 4019
- 19 Mar 2024Sold for $1,015,000
- 14 Mar 2024Listed for Rent $500 / week
- 15 Dec 2023Listed for Sale Offers Over $1,020,000
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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 4,127 properties.
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