72 Duffield RoadMargate QLD 4019
Property Details for 72 Duffield Rd, Margate
72 Duffield Rd, Margate is a 3 bedroom, 3 bathroom House with 2 parking spaces and was built in 1930. The property has a land size of 810m2 and floor size of 162m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 3 bedroom House sold in Margate in the last 12 months.
Last Listing description (June 2024)
Here is an amazing opportunity to purchase a charming character home positioned on a generous 810m2 block and sitting on 2 separate lots. Conveniently located just 700m to the beautiful Margate beach, this prime piece of real estate is bound to be a solid investment for the future. The existing character home offers 3 bedrooms, plus a sleepout and 3 bathrooms so it is perfect to move in and enjoy the quintessential Queenslander lifestyle or ideal to rent out for future growth.
Situated mere moments away from the vibrant pulse of Margate, this property enjoys unparalleled access to a plethora of shops, cafes and bars. Whether you're craving a morning coffee or seeking a leisurely stroll along the waterfront, everything you require to enjoy the coastal lifestyle is right on your doorstep.
This property not only offers a fantastic location and lifestyle, but it also has amazing development potential being already positioned on 2 lots and within the MBRC Next Generation Zoning. This zoning allows for multi-residential development and up to 12m heights limit so offers a variety of options subject to council approvals.
Properties on double lots are getting harder to find, so don't miss this amazing opportunity contact Brendan today to arrange a private inspection before it's too late.
Property History for 72 Duffield Rd, Margate, QLD 4019
- 28 May 2024Sold for $1,028,000
- 16 Apr 2024Listed for Sale UNDER OFFER
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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 4,148 properties. Over the last 5 years, Houses in Margate have seen a 82.13% increase in median value, while Units have seen a 76.71% increase. As at 31 August 2024:
- The median value for Houses in Margate is $803,577 while the median value for Units is $687,856.
- Houses have a median rent of $580 while Units have a median rent of $475.
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