79 Dover Rd, Margate is a 1 bedroom, 1 bathroom House with 1 parking spaces and was built in 1970. The property has a land size of 405m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in November 2020.
Embrace the spirit of DIY and reap the rewards! Presented in semi-original condition yet well maintained to tenancy standards, the potential here is obvious. Whether you're looking to nest or invest, there's plenty of scope here for the savvy purchaser with foresight and flair. Opportunity awaits whichever way you choose to go.
For the investor, the property is currently set up as dual living - two tenancies, up and down - two bedrooms up & one down. Long term tenants are currently in place on periodic a tenancy but both are happy to stay. These tenancies are delivering a very solid rental return. For those considering housing teens or older family members the current set-up may well appeal.
Both floors house a kitchen and full bathroom. Upstairs sits high in the "breeze zone" and feels light and private. The main entrance has a "sun-room" feel with internal double doors to the main bedroom. Past these doors the L shaped lounge is bright and airy with loads of natural light through the "bay style" window. From the lounge there is a short hallway with the bathroom to the left and two good sized bedrooms flanking the right. A tidy eat-in kitchen and "Euro style" laundry round out the level. Rear stairs descend to the backyard.
Upper Level
Charming bay window alcove ideal for morning cuppa's
Eat-in kitchen
2 bedrooms
1 bathroom with separate tub and shower
Elevated and sunny but catches the bay breezes
The ground level has a single car garage and carport. Entering from the rear slider you have a combined kitchen/dining space and bathroom to the side. The front area of this level, street side, houses two more rooms. The block is very flat with space to add/extend back (STCA) should you choose.
Lower Level
Main guest room/living area/rumpus eat-in kitchen
2 smaller rooms (just shy of legal height)
Eat in kitchen/dining space
Bathroom combined with internal laundry
Single garage and carport
Built on a very flat 405m2 and close to schools and transport, this property location is second to none with Margate Parade and Margate Beach Park just 850 metres away. In walking distance also is the Oxley Ave shopping area of Margate which includes the Margate Post Office, Woolworths, chemist, bottle shop and multiple eateries.
If you are looking for a renovator in a great location where the only limitation is your imagination, then this maybe just the one.
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 4,149 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:
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