3/36 Albert StreetMargate QLD 4019
Property Details for 3/36 Albert St, Margate
3/36 Albert St, Margate is a 4 bedroom, 3 bathroom Unit and was built in 2016. The property has a land size of 506m2 and floor size of 142m2.
Last Listing description (August 2022)
ATTENTION INVESTORS:
Come and see if this original dwelling situated on the eastern side of Oxley Avenue, Margate is for you. The location is amazing, high on the hill with a quick two-minute walk to the beach.
The current established rental income = $52,000. (FANTASTIC RETURNS on investment).
Three flats on 1 x title.
Unit 1 = 2 x bedrooms, 1 x bathroom.
Unit 2 = 1x Bedroom and one bathroom.
Unit 3 = 1x Bedroom and one bathroom.
FEATURES
1. New kitchens and bathrooms throughout all 3 units.
2. New appliances still covered under warrantee for another 12 months.
3. All units have been renovated with custom built vanity's and lots of storage cabinetry.
4. New toilets have been installed in every bathroom.
5. Custom built windows with new wind out awing sashes.
6. Original bay windows kept for the heritage appeal, suits the era of the property. The bay windows were modified, repaired, and painted.
7. New TV coaxes installed where needed.
8. Added additional power points with USB ports in each unit.
9. Freshly painted throughout building.
10. New lighting upgrade to fixtures throughout building.
11. Additional sensor lighting was added in outside areas for safety.
12. Wet seal certificates, electrical and plumbing compliance certificates all up to date.
13. All works completed by QBCC licensed and insured trades.
14. No body corporate fees.
15. Future development block with water views of Morton Bay.
The Peninsula is fast becoming a destination, it's a place that offers beautiful bike paths fantastic parks, a place filled with restaurants, coffee shops and for those that are more adventurist, sky diving and wind surfing. With its calm water and beautiful ocean breezes, you wouldn't want to live anywhere else.
Let me know what you think this rare find is worth.
OR,
If you have something of equal value; Preferably acreage with a large shed, let me know.
For your own private viewing please contact Gary on 0409 105 322.
Property History for 3/36 Albert St, Margate, QLD 4019
- 19 Jul 2022Listed for Sale OFFERS OVER $1,075,000.00
- 20 May 2021Listed for Rent $280 / week
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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