Rare and Amazing Development and Investment Opportunity
Act Now to secure the future!
This wonderful property consists of two lots on two titles, 1,371m2 combined (865m2 and 506m2) with frontage of approximately 34m wide.
The land is almost flat with a slight slop towards the water and does not have large trees.
Each lot has a house that is currently rented with combined rent of $940 per week ($400 and $540 per week).
Both houses are in good condition, considering the age and are rentable with potential increase of the rent to $1,100 - $1,150 per week combined in the nearest future.
Situated just few metres from the beautiful Margate Beach with breathtaking views and fresh sea breezes, it is very close to the schools, shops and transport and represent a great opportunity to invest or develop in the growing Queensland market.
With the main shopping centre around the corner and proximity to all amenities, this location is hard to find and easy to benefit from.
It is zoned as Centre and the precinct is District Centre. It offers endless opportunities for the future use and value increase.
It must be sold, so make your offer before the end of this month.
Information contained on any marketing material, website or other portal should not be relied upon and you should make your own enquiries and seek your own independent advice with respect to any property advertised or the information about the property.
Amazing location just metres from the beach Close to all amenities Two lots on two titles Combined land size 1,371m2 Frontage 34m wide Slight slop towards the water Easy to build and endless opportunities
Inspections
No inspections scheduled on Allhomes, yet. You may ask the agent about upcoming inspections.
Send an enquiry
Contact the agent to learn more about this property, request an inspection or take an online tour.
Sorry, overlays are not available for this address
Need more info? We've got you covered.
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.
Enrolment areas for ACT public schools.
Nearby sales
Looking to compare sales prices?
We found 4 houses with 5 bedrooms that just sold near 7 & 9 Duffield Road Margate
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.