5 Chatham StreetMargate QLD 4019
Property Details for 5 Chatham St, Margate
5 Chatham St, Margate is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 405m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom House sold in Margate in the last 12 months.
Last Listing description (July 2024)
Zoned as Next Generation Neighbourhood, 5 Chatham Street is ready for its next chapter. Whether you're looking to invest, renovate, or move in, this property is brimming with potential.
Boasting light water views from the kitchen and sunroom, this 3-bedroom property offers a solid canvas for someone ready to enhance its charm. With timber flooring and original windows that draw in ample sunlight, plus a versatile utility space downstairs, the options here are limitless.
The zoning allows for a variety of development including dual occupancies, terrace housing, low and medium-rise apartments, and townhouses. With exponential growth in the past 12 months, demand for this region is not slowing down. It's perfect for investors, land bankers, and savvy owner-occupiers ready to create their coastal haven that doesn't compromise on connection and accessibility.
Features:
- Three spacious bedrooms upstairs
- Combined kitchen and dining room
- Large lounge and additional sunroom upstairs
- Light water views from the kitchen and sunroom
- Timber flooring throughout
- Original windows that flood the home with natural light
- Versatile utility space downstairs with built-in bar area
- Ample opportunity for customization and enhancement
- Fully fenced 405m² block
- North-facing aspect
Situated in the heart of Margate, this property is perfectly positioned to take advantage of all the region has to offer. Just a short stroll to the beach, you can enjoy the coastal lifestyle every day. The location is convenient with schools, medical facilities, bus transport, and shopping centres close by. Indulge in exceptional dining at The Sebel and The Belvedere, or catch a game at Kayo Stadium. With easy access to Brisbane and close to main arterials, you'll find everything you need within reach.
Contact us today to seize this exceptional opportunity in Margate. Whether you're looking to invest, renovate, or move in, 5 Chatham Street offers limitless potential in a prime location.
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.
Property History for 5 Chatham St, Margate, QLD 4019
- 23 Jul 2024Sold for $710,000
- 06 Jul 2024Listed for Sale SOLD PRIOR TO AUCTION
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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.
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