60 Cutts St, Margate is a 4 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 809m2. While the property is not currently for sale or for rent, it was last sold in May 2021.
On a quiet, leafy street, this home presents an opportunity that appeals to buyers and investors alike. Transform the home into your own spacious oasis, or utilise the large parcel of land to its maximum potential.
Everything is close at hand, just minutes away from Margate shopping precinct, it all adds up to a village quality of life. At present the property is leased until August 2021, for $370 per week.
You will love:
+ The large 809sqm block just waiting for you to design your plans!
+ 4 bedrooms, with some built in
+ The spacious, open plan living area, fitted with ceiling fans.
+ Using your timber kitchen with ample storage and bench space, including a breakfast bar!
+ The convenience of the proximity to the picturesque Margate waterfront, perfect for a coastal way of life!
+ Utlising the space on offer as there is plenty of room for off-street parking, including a large carport.
*Disclaimer - We have made our best endeavours to provide accurate information. We accept no responsibility for any errors or admissions. Buyers are encouraged to do their own research.
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:
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