House for sale

25 Margate Parade,

Margate, QLD

9 4 5

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.

- 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
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