26 Macdonnell RoadMargate QLD 4019
Property Details for 26 Macdonnell Rd, Margate
26 Macdonnell Rd, Margate is a 9 bedroom, 5 bathroom Unit and was built in 1930. The property has a land size of 860m2 and floor size of 332m2. While the property is not currently for sale or for rent, it was last sold in October 2023.
Last Listing description (November 2023)
Astute developers-take note! This is a rare chance to secure three blocks of land, side by side, totalling a substantial 1,935m2 on four titles.
It is DA approved by MBRC for a "material change of use" - with a development permit accepted for a "multiple dwelling project (up to 40 dwellings)."
Currently on the blocks are three very distinct properties, including a unit complex with five homes. However, with the DA approved permit already in place, it can easily be changed to accommodate a large-scale building project, which are continually in high demand on the Peninsula.
The location is fantastic-it sits squarely between Margate Beach and Suttons Beach, minutes from the Esplanade, local shopping centres and cafes, Redcliffe Hospital, Kayo Stadium and a short drive to Brisbane City.
Breakdown of the properties:
- Number 24: Is a classic high-set home with 3-bedrooms and solid bones, ripe for a renovation
- Number 26: Is a block of 5 units with 4x 2 bedroom, 1 bathroom units and 1x 1 bedroom, 1 bathroom unit (this block holds two titles)
- Number 28: Is a single house that is designed with dual living arrangements, complete with two separate dwellings inside that each have a full kitchen, two bedrooms, and a full bathroom. It cannot be rented separately; however, it would be ideal for grandparents, older children or separate but connected living situations.
Land like this is nearly impossible to find on the Redcliffe Peninsula and this opportunity will not come again! Just minutes from Margate Beach and Suttons Beach, The Sebel Margate, various restaurants, cafes and great nightlife, it offers a wonderful lifestyle. It is close to Kippa-Ring Shopping Centre, Margate Shopping Centre, Bluewater Square and Westfield North Lakes. It's easy to access Redcliffe Hospital and various lifestyle and medical amenities. It's near Kippa-Ring's train station, buses and the Gateway Motorway. It is in the catchments of Humpybong State School and Redcliffe State High School, nearby Grace Lutheran Primary and Southern Cross Catholic.
Disclaimer:
In preparing this advertisement we have endeavoured to ensure the information contained is true and accurate. We accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.
Property History for 26 Macdonnell Rd, Margate, QLD 4019
- 07 Nov 2023Listed for Sale For Sale
- 06 Oct 2023Sold for $1,000,000
- 12 May 2022Sold for $1,288,889
Recent sales nearby
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About Margate 4019
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 4,175 properties. Over the last 5 years, Houses in Margate have seen a 110.13% increase in median value, while Units have seen a 83.05% increase. As at 30 April 2026:
- The median value for Houses in Margate is $1,129,190 while the median value for Units is $866,050.
- Houses have a median rent of $625 while Units have a median rent of $520.
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