Sold

205-207 Victoria Avenue,
Margate 4019, Queensland

14 bedrooms
7 bathrooms
7 car spaces
1,569m² land size
Block of Units

$2,200,000


Property details

WHOLE UNIT BLOCKS - REDEVELOPMENT POTENTIAL

ASTUTE DEVELOPERS AND UNIT BLOCK INVESTORS WILL BE EXCITED BY THIS TWO LOT 1569 SQ SITE WITH SIDE BY SIDE UNIT BLOCKS RETURNING $123,240.00 PER YEAR IN HOLDING INCOME. The raised and slightly elevated site is situated in easy access of Suttons Beach Margate, the Kippa Ring railway station and ample shopping facilities which has ensured a high occupancy rate and continual tenancy supply. Our reluctant sellers have owned the property for many years and are genuine in wanting the property SOLD.
Interested buyers should contact Andrew Sim on 0426 582 818 for full tenancy detail and outgoings. Private viewing appointments by arrangement with agent. NB. THIS PROPERTY IS RIPE FOR RE-DEVELOPMENT AND ENJOYS A HOLDING INCOME OF $123,240.00 PA.

Explore the area


School catchments

  • Southern Cross Catholic College - Woody Point Campus Primary Catholic 1.1km
  • Humpybong State School Primary Prep-6 Government 1.2km
  • Kippa-Ring State School Primary Prep-6 Government 1.7km
  • Grace Lutheran Primary School Primary Prep-6 Independent 1.9km
  • Clontarf Beach State School Primary Prep-6 Government 2.3km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.


Find out how much home loan repayments will be

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Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


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