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Block of Units for Sale

144 Macdonnell Road Margate, QLD 4019

$1,200,000Floorplan
  • 4 Beds
  • 2 Baths
  • 4 Cars

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144 Macdonnell Road, Margate, QLD 4019

Block of Units for Sale in Margate

607sq m dual occupancy investment

  • 4 Beds
  • 2 Baths
  • 4 Cars

Two self-contained flats on one title, just 1.5km from the iconic Suttons Beach. This 607sq m property is a beacon for investors seeking a dual-occupancy opportunity or flexible living with income benefits. Held by one owner for more than 30 years, these two-bedroom, one-bathroom flats are on a single title zoned General Residential, which accommodates the potential to improve and add value (Subject to Council Approval).

Both flats have a consistently strong rental history and have been updated internally to provide comfortable kitchen and lounge areas. There is also plenty of off-street parking and a backyard large enough to store a boat or caravan.

With excellent access to waterfront activities and convenient connections to both Redcliffe and Brisbane, this investor and lifestyle property includes but is not limited to:

+ Single title, 607sq m, within walking distance of the waterfront
+ Two flats, updated interiors, each with two bedrooms and one bathroom
+ Strong investor metrics, including a future combined rental return of $950/week
+ Zoned General Residential for future detached housing (STCA)
+ Walk to Suttons Beach, Redcliffe Hospital, cafes and restaurants

*Disclaimer - We have made our best endeavours to provide accurate information. We accept no responsibility for any errors or admissions. Buyers are encouraged to do their own research.

Land:

607m² / 0.15 acres

Parking:

4 off street parks

Bedrooms:

4

Bathrooms:

2

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