1 McCulloch Avenue Margate, 4019 QLD
1033sqm Margate Beach Development Site
A superb 1033sqm of development opportunity on beautiful Margate Parade has become available for the opportunistic buyers who would love to take advantage of this prime beach-side location and it's surrounds.
The current building features five tenanted flats and returns approximately $49,200 per annum, features 12 existing car parks (providing a great bonus for those wanting to re-instigate the retail/shops component on the ground floor and has a north-easterly aspect with 30m water-front frontage & 39m road frontage.
Zoning on the block is mixed residential, allowing for 12 metres or three storeys in height - perfect for a new block of luxury apartments to take advantage of sandy Margate Beach across the road and Redcliffe Seaside Village just minutes away!
Sold
Inspect
Inspection of this property is available strictly by arrangement only.
Contact
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Maddie Dolan