Auction details
- Auction19December
Auction location: Level 26, 111 Eagle Street, Brisbane QLD 4000
Contact the agent if you'd like further information.
Enquire with AgentLand/Development for Sale in Margate
Whole Complex of 8 Brick Units + Retail Tenancy | 1,455m²* Development Site
- Building: 793m²
- Land: 1,455m²
Next Steps:
Enquire with agent- Solid block of brick construction 8 x 2 bedrooms, 1 x bathroom units and further brick retail tenancy offering 70m²* of lettable area
- Estimated Market income of $227,200 pa*
- Strong long term occupancy rates
- Expansive 1,455m²* development site zoned General Residential (Next Generation Neighbourhood)
- Low site coverage offering development potential
- Permissible building height limit of 12m*with scope to increase
- Positioned one block behind the Moreton Bay shoreline, offering potential north eastern views of the Bayside
- Level flood free block with 33.50m* of street frontage
- Highly sought rock-solid brick construction, offering a low maintenance investment with significant rental upside or strata and sell down potential
- Proximity to key Amenities: Only 100m* to Margate Beach, and walking distance to Humpybong State School, 700m* to Woolworths Margate, local medical centre, ancillary retail & Langdon Park
- Rapid Growth Location: Situated in the thriving Redcliffe Peninsula, benefiting from significant ongoing population growth and infrastructure investment
- 30kms* north from Brisbane CBD
- Huge rental upside
- Scope to develop the rear section while maintaining the existing improvements
Open for Inspection:
Saturday, 29 November 2025 10:00am to 10:30am
For Sale via Public Auction (If not sold Prior)
Friday, 19 December 2025 10am (AEST)
Venue
Level 26, 111 Eagle Street, Brisbane QLD 4000
*Approximately
Building:
793m²
Land:
1,455m² / 0.36 acres
Tenancy:
Vacant
Next Steps:
Enquire with agentShare:
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.
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