1/13 Macdonnell Rd, Margate is a 4 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1972. The property has a land size of 251m2 and floor size of 165m2. While the property is not currently for sale or for rent, it was last sold in July 2022.
This property consists of two completely separate units/apartments of which one is located on the bottom floor and one on the top floor.
With 4 Beds plus study the upper apartment is perfect for existing or growing families.
Top floor includes a large enclosed balcony with a smaller additional open balcony that extend off the living room perfect for enjoying the water view.
This property is also an investors dream with the returns that're being generated.
- Bottom Unit Rented until 25/07/2022 at $315pw
- Top Apartment Rented until 23/06/2022 at $495pw
Combined returning $810pw with potential to grow.
Features -
- Water Views from the upper apartment
- Double lockup garage with room for storage
- Generously sized study room with ample storage
- Separate laundry room
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Close by-
- 4 min to Redcliffe Hospital
- 7 min to Dolphins Stadium
- 24 min to Brisbane Airport
- 250m to Margate beach
The size of Margate is approximately 2.6 square kilometres. It has 12 parks covering nearly 6.8% of 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 4,148 properties. Over the last 5 years, Houses in Margate have seen a 104.91% increase in median value, while Units have seen a 93.35% increase. As at 31 December 2025:
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