144 Macdonnell Rd, Margate is a 4 bedroom, 2 bathroom Unit with 1 parking spaces. The property has a land size of 607m2. While the property is not currently for sale or for rent, it was last sold in September 1993.
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.
The size of Margate is approximately 2.6 square kilometres. There are 12 parks, covering nearly 6.8% of the total area. The population of Margate in 2016 was 7405 people. By 2021 the population was 7575 showing a population growth of 2.3% in the area during that time. The predominant age group in Margate is 50-59 years. Households in Margate are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Margate work in a professional occupation.In 2021, 56.70% of the homes in Margate were owner-occupied compared with 53.20% in 2016.
Margate has 4,174 properties. Over the last 5 years, Houses in Margate have seen a 93.49% increase in median value, while Units have seen a 97.51% increase. As at 30 June 2026:
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