House for sale

25 Margate Parade,

Margate, QLD

9 4 5
$1,420,000

Beach House plus 3 Cottages 50m from Water's Edge

This impressive property package is just 50 metres from the water's edge, and comprises 4 dwellings on one title, including Margate Beach House and Moreton Bay Cottages.

Located at Margate Beach on the Redcliffe Peninsula, this outstanding investment is just 5 minutes from Redcliffe CBD, 30 minutes from Brisbane Airport and 45 minutes from Brisbane CBD.
Redcliffe Peninsula is a relaxed seaside location, north of Brisbane in the sought-after Moreton Bay region. This is your opportunity to live in the main house and earn an income from the three cottages or enjoy income from all 4 residences.

Comprises:
- Single title freehold property comprising 2 equal size allotments of 506sqm (total land size 1012sqm)
- All fully fenced for privacy, and pet friendly
- All with water views of Moreton Bay
- Highset 1940s house plus 3 lowset cottages situated up a private laneway

Margate Beach House:
- 3 bedrooms, bathroom and 2 toilets
- Beautifully polished beech timber floors
- Rumpus room/storeroom under house with its own galley kitchen, toilet, shower, laundry and double lock-up car area
- Privately fenced

Moreton Bay Cottages:
- Each cottage has 2 bedrooms, kitchen, lounge, toilet, bathroom, single carport, plus room for a second vehicle
- Privately fenced

Rental Income:
- Long history of permanent lease tenancies with great potential for holiday rentals
- Current permanent rentals are $1365 per week with appraised value exceeding $1420 per week

This is your chance to enjoy an amazing sea-change in a very sought-after location.

Price: $1,420,000

Phone enquiries - please quote property ID 17445
Last updated: 03:49PM on Jun 21st 2017
Contact the agentCLOSE

Email sent successfully!

Your email has been sent to No Agent Property.

Would you like to get the latest Rich Pickings?

No Agent Property

Shop 2A, 1-5 Station Street
Moorabbin VIC, 3189 RLA: 247930
More property from No Agent Property
52 Bingo Street116 Mollydale Road