OFF MARKET

41/14-20 Duffield Road
Margate QLD 4019

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 130m2
Land area: 255m2
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Property Details for 41/14-20 Duffield Rd, Margate

41/14-20 Duffield Rd, Margate is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2006. The property has a land size of 255m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in February 2018.

Building Type
Unit
Year Built
2006
Floor Size
130m2
Land Size
255m2
Local Government
Moreton Bay
Lot/Plan
41/SP179826

Last Listing description (January 2016)

- permanent management rights letting 13
- not required to live onsite and no office hour,
- double parking space for almost each unit

- minimum clean/garden duty, no pool care; one person about 1/5 time operation
- Managers accommodation is a decent 3 bedroom, 2 bathroom apartment with huge power adjustable balcony shedding (Total 260 sq.m : Unit size: 192 sq.m -- incl office; Rumpus room 50 sq.m; courtyard 18 sq.m)
- Manager unit can be rented for $450+/week
- 100 m walk to sand beach and cafes and restaurants
- big potential to bring outside managed units back onsite
Body Corporate Salary: $77,828 (CPI)
Nett Profit: $100,594
Manager's residence: $500,000
Contact Rodney Li on 0430 784 020 for further information or to arrange an inspection.

Property History for 41/14-20 Duffield Rd, Margate, QLD 4019

A timeline of how this property has performed in the market
Last Sold
$570,000
13 Feb 2018
  • 13 Feb 2018
    Sold for $570,000
  • 20 Jan 2016
    Sold for $580,000
  • 06 Jan 2015
    Listed for Sale Not Disclosed
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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.

    There are currently 36 properties listed for sale, and 20 properties listed for rent in Margate on OnTheHouse. According to CoreLogic's data, 214 properties were sold in the past 12 months in Margate.

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    Disclaimer
    Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.