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24 Macdonnell Road,
Margate 4019, Queensland

3 bedrooms
2 bathrooms
1 car space
430m² land size
House

$600,000


Property details

Massive 1,935m2 DA Approved Development Opportunity

Astute developers-take note! This is a rare chance to secure three blocks of land, side by side, totalling a substantial 1,935m2 on four titles.

It is DA approved by MBRC for a "material change of use" - with a development permit accepted for a "multiple dwelling project (up to 40 dwellings)."

Currently on the blocks are three very distinct properties, including a unit complex with five homes. However, with the DA approved permit already in place, it can easily be changed to accommodate a large-scale building project, which are continually in high demand on the Peninsula.

The location is fantastic-it sits squarely between Margate Beach and Suttons Beach, minutes from the Esplanade, local shopping centres and cafes, Redcliffe Hospital, Kayo Stadium and a short drive to Brisbane City.

Breakdown of the properties:
- Number 24: Is a classic high-set home with 3-bedrooms and solid bones, ripe for a renovation
- Number 26: Is a block of 5 units with 4x 2 bedroom, 1 bathroom units and 1x 1 bedroom, 1 bathroom unit (this block holds two titles)
- Number 28: Is a single house that is designed with dual living arrangements, complete with two separate dwellings inside that each have a full kitchen, two bedrooms, and a full bathroom. It cannot be rented separately; however, it would be ideal for grandparents, older children or separate but connected living situations.

Land like this is nearly impossible to find on the Redcliffe Peninsula and this opportunity will not come again! Just minutes from Margate Beach and Suttons Beach, The Sebel Margate, various restaurants, cafes and great nightlife, it offers a wonderful lifestyle. It is close to Kippa-Ring Shopping Centre, Margate Shopping Centre, Bluewater Square and Westfield North Lakes. It's easy to access Redcliffe Hospital and various lifestyle and medical amenities. It's near Kippa-Ring's train station, buses and the Gateway Motorway. It is in the catchments of Humpybong State School and Redcliffe State High School, nearby Grace Lutheran Primary and Southern Cross Catholic.

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.

Explore the area


School catchments

  • Humpybong State School Primary Prep-6 Government 1.0km
  • Southern Cross Catholic College - Woody Point Campus Primary Catholic 1.8km
  • Kippa-Ring State School Primary Prep-6 Government 2.5km
  • Scarborough State School Primary Prep-6 Government 2.5km
  • Grace Lutheran Primary School Primary Prep-6 Independent 2.7km

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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