Offers Over $1,020,000
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40 Dunbar Street, Margate QLD 4019

House
322
Block size: 810 m² approx.

Exceptional Development Opportunity - 2 Lots with 2 Separate Titles

Welcome to an exceptional opportunity for developers and builders at 40 Dunbar Street, Margate. This property distinguishes itself with a unique offering-two titles spanning two lots, totaling an expansive 810m2. Nestled in the Next Generation Neighborhood Precinct, this prime real estate unlocks a multitude of possibilities for innovative development. Seize the chance to shape an outstanding project in one of Margate's most promising locations.

The property already features a two-story home, presenting an ideal prospect for renovators or investors looking to tap into the high demand for rentals in the region, whether for land banking or updating. Boasting 3 bedrooms with timeless timber flooring, sunlit interiors, and a spacious covered alfresco area, this property offers a multitude of appealing features. Enjoy free-flowing living with seamless integration between the dining, living space, and kitchen, all generously proportioned.

On the lower level, discover a fully enclosed space providing single, lock-up parking, a convenient laundry area, and ample storage.

Key Features:
- Zoned for Next Generation Neighbourhood Precinct
- Unique opportunity for land banking
- Two lots on separate titles
- Land Size: 810m2
- Two-story house with three spacious bedrooms
- Large kitchen with ample storage
- Expansive separate lounge and dining areas
- Generous covered patio
- Fully fenced backyard

Strategically positioned for growth and connectivity in the heart of Margate, this residence enjoys a coveted location just 700m from the pristine Margate Beach. Imagine the convenience of being within walking distance to parks and beaches, with cafes, schools, and public transport in close proximity. Only minutes away from the vibrant Redcliffe Esplanade and a straightforward 30-minute commute to Brisbane, this outstanding location encapsulates lifestyle living at its best.

A golden opportunity for your portfolio, the possibilities here are vast. Act now to secure your stake in this prime real estate. This is your chance to transform this promising space into a landmark development. Your vision starts here.

Disclaimer:
In preparing this advertisement we have endeavoured to ensure the information contained is true and accurate. We accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.

*Please note the tenants belongings have been digitally removed from the photos.

Inspections

No open inspections scheduled.

Send an enquiry

Contact Ben Smith to learn more about this property, request an inspection or take an online tour.

Key details

Bedrooms:
3
Bathrooms:
2
Garage Spaces:
2
Property type:
House
Block Size:
810 *

Other Details

Lot:
112
Plan Type:
RP
Plan:
30306
Legal description:
112/RP30306
Ray White Redcliffe

Maps and area information

Block information
Block size: 810 (approx)
Legal description: 112/RP30306
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
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Nearby sales

Looking to compare sales prices?

We found 50 houses with 3 bedrooms that just sold near 40 Dunbar Street Margate

Property history

You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
Property History
04 Oct 2016
Sold
_Raine & Horne Redcliffe
Listed: 27/05/2016
Block size: 810m²
Transfer type: Full transfer
02 May 2013
Sold
$410,000
Contract: 02/05/2013
Listed: 24/04/2013
Days on market: 8
Block size: 810m²
Transfer type: Full transfer

Margate suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
47 years
Population
7,575
Listing ID: 182170969. This listing has been viewed 39 times. It was first displayed on 16/12/2023 and last updated on 22/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.