Margate QLD 4019

Property Details: • Type: Apartment / Unit / Flat

• Bedrooms: 7 • Bathrooms: 5

Description: Rarely available such a great investment in this choice location. Fully tenanted with good long term tenants. Beautiful big 683m2 block of land Zoned to build units to 12 metres ( around 4 levels STCA). Margate Beach a few metres away for swimming or fishing. Glorious beach walks or ride along the scenic bike path of Moreton Bay overlooking the islands. Enjoy the café culture & Redcliffe markets. Older block with two 2 bedroom flats in the front & side access to three One bedroom flats in the rear. All have been well maintained including modern kitchens. Adjoining blocks also for sale to make a larger development site. Close to Humpybong school, the iconic Belvedere Hotel & Woolies shopping centre. Few minutes drive to Kayo Dolphins Leagues Club, golf course, bowling clubs, hospitals, Newport & Scarborough Marinas, train station. Close to Peninsula Fair Shopping Center & cinemas. Petrie University is a 14 minute ride away. Around 20 minutes to Westfield North Lakes with Myers, IKEA & Costco. Half hour to Brisbane International Airport. Just over an hour north to the Sunshine Coast or south to the Gold Coast. Be quick! Booming area! The Olympics are coming!