SOLD
Sold on 26 Sep 2024 for $1,390,000

5 Adrian Street
Margate QLD 4019

Bedrooms: 6
Bathrooms: 2
Car spaces: 6
Floor area: 355m2
Land area: 938m2
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Property Details for 5 Adrian St, Margate

5 Adrian St, Margate is a 6 bedroom, 2 bathroom House with 6 parking spaces and was built in 1970. The property has a land size of 938m2 and floor size of 355m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 6 bedroom House sold in Margate in the last 12 months.

Building Type
House
Year Built
1970
Floor Size
355m2
Land Size
938m2
Local Government
Moreton Bay
Lot/Plan
1/RP123930

Last Listing description (October 2024)

Perched on a sprawling 938m block, this elevated family home offers breathtaking water views stretching across to Moreton Island. Just a short 900m walk to Margate waterfront and 600m to Margate Village Shopping Centre. With 6 spacious bedrooms, 2 bathrooms, and multiple living areas, this high-set brick-and-tile property is designed for versatile dual-living. Perfect for accommodating extended families or generating extra income, the layout provides privacy and comfort for all. Enjoy the refreshing sea breeze, while unlocking the immense potential of this home. A rare opportunity with endless possibilities.

Upon arrival, the impressive space and size of this property are immediately apparent, with a wide 22.5m frontage and convenient side access on the right, leading to a large 4-car powered shed. The outdoor entertainment area has been thoughtfully upgraded with a new undercover deck and patio at the rear, perfect for gatherings and relaxation. The second level boasts spacious front and rear covered decks, with the front deck offering expansive, captivating water views. In addition to the 4-car bay shed, the property provides ample storage with two extra lock-up garages. This home truly delivers on both space and lifestyle.

This home is ideal for a large family, offering comfort and versatility across two levels. Upstairs, you'll find the main kitchen equipped with new appliances, a recently renovated bathroom featuring double shower heads, and an open-plan living area that seamlessly connects to both the front and rear decksperfect for entertaining. On the ground level, the dual-living quarters provide flexibility with 2 bedrooms, a combined laundry and kitchenette, and an additional living area, making it perfect for extended family or generating rental income. With family comfort in mind. The upstairs bedrooms feature newly installed carpet for added warmth, while multiple split air conditioning units throughout the home ensure year-round comfort.

Property Features:
Huge 938m2 block
Dual-living with separate entry
Side access
4 car-bay-shed with an additional 2 car-lock-up garage
Water views from the second level
6 bedrooms, 2 bathrooms
22.5m frontage
600m walk to Margate Shopping Centre
900m walk to Margate waterfront
New carpet in the upstairs bedrooms
Front and rear undercover deck
Newly built patio area
Renovated main bathroom with 2x shower heads

This home is ideally located in the heart of Margate, just 300 meters from the Margate Village Shopping Centre, offering easy access to cafes, supermarkets, banks, salons, restaurants, and more. Beyond the shopping convenience, this property also embraces a seaside lifestyle, with the beachfront just a leisurely 900-meter stroll away. Margate is the home of Sunnies Roof-Top Bar where you can unwind and enjoy a waterfront dinner. Don't miss your opportunity to secure this huge slice of Margate!

Property History for 5 Adrian St, Margate, QLD 4019

A timeline of how this property has performed in the market
Last Sold
$1,390,000
26 Sep 2024
Listed for Rent
$700/w
02 Feb 2021
  • 26 Sep 2024
    Sold for $1,390,000
  • 10 Sep 2024
    Listed for Sale Contact Agent
  • 24 Dec 2020
    Listed for Rent $700 / week
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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 4,140 properties. Over the last 5 years, Houses in Margate have seen a 85.74% increase in median value, while Units have seen a 97.06% increase. As at 30 November 2024:

  • The median value for Houses in Margate is $847,891 while the median value for Units is $724,021.
  • Houses have a median rent of $575 while Units have a median rent of $495.
There are currently 36 properties listed for sale, and 21 properties listed for rent in Margate on OnTheHouse. According to CoreLogic's data, 197 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.