1 Mcculloch Avenue, Margate, QLD 4019 sold on 20 December 2024 | OnTheHouse
SOLD
Sold on 20 Dec 2024 for $13,410,000

1 Mcculloch Avenue
Margate QLD 4019

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1531m2
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Property Details for 1 Mcculloch Ave, Margate

1 Mcculloch Ave, Margate is a 0 bedroom, 0 bathroom Unit. The property has a land size of 1531m2. While the property is not currently for sale or for rent, it was last sold in December 2024. There are other 0 bedroom Unit sold in Margate in the last 12 months.

Building Type
Unit
Land Size
1531m2
Local Government
Moreton Bay
Lot/Plan
1/SP304158

Last Listing description (September 2020)

228sqm* first-class waterfront restaurant/bar tenancy
Additional outdoor alfresco deck area + access to rooftop bar
Benefit from existing hotel patrons as well as loyal locals

Minimal set up costs required with this fully fitted restaurant
Cold room & freezers located in the basement along with grease trap on site
• Amazing uninterrupted Moreton Bay views on Margate Beach
Seasoned operator wanted - Motivated Owner willing to consider all genuine offers to lease

Approximately*

For further information or to arrange an inspection please contact Exclusive agents Michael Schafferius or Trent Bruce of Raine & Horne Commercial.

Listing ID: 1945173

Property History for 1 Mcculloch Ave, Margate, QLD 4019

A timeline of how this property has performed in the market
Last Sold
$13,410,000
20 Dec 2024
Listed for Rent
$1.92k/w
03 Sep 2020
  • 20 Dec 2024
    Sold for $13,410,000
  • 08 Jun 2020
    Listed for Rent - Price not available
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About Margate 4019

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 4,153 properties. Over the last 5 years, Houses in Margate have seen a 103.76% increase in median value, while Units have seen a 105.74% increase. As at 30 November 2025:

  • The median value for Houses in Margate is $974,190 while the median value for Units is $843,894.
  • Houses have a median rent of $600 while Units have a median rent of $520.
There are currently 19 properties listed for sale, and 18 properties listed for rent in Margate on OnTheHouse. According to Cotality's data, 189 properties were sold in the past 12 months in Margate.

Suburb Insights for Margate 4019

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.