SOLD
Sold on 29 May 2024 for $200,000

5/303 Oxley Avenue
Margate QLD 4019

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 105m2
Land area: 50m2
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Property Details for 5/303 Oxley Ave, Margate

Building Type
Commercial
Year Built
1991
Floor Size
105m2
Land Size
50m2
Local Government
Moreton Bay
Lot/Plan
5/BUP5746

Last Listing description (August 2022)

Situated on Oxley avenue is this fantastic opportunity for you to purchase a very unique bite sized new office or investment opportunity. This tenancy offers approxiamtely 50m2 of internal office/medical or retail type space with access through a common entry door, and external access door direct to the rear carpark on site. The toilet amenities are situated in the common areas allowing you full use of the entire tenancy for your business.

Rarely do tenancies come up of this size so contact the Exclusive Agents to secure this property.

Property History for 5/303 Oxley Ave, Margate, QLD 4019

A timeline of how this property has performed in the market
Last Sold
$200,000
29 May 2024
  • 29 May 2024
    Sold for $200,000
  • 13 Jun 2022
    Sold for $203,500
  • 01 Mar 2022
    Listed for Sale Overs Over $225,000 (+ GST if applicable)

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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.
There are currently 44 properties listed for sale, and 30 properties listed for rent in Margate on OnTheHouse. According to CoreLogic's data, 208 properties were sold in the past 12 months in Margate.

Suburb Insights for Margate 4019

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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.