330 Oxley AvenueMargate QLD 4019
Property Details for 330 Oxley Ave, Margate
Last Listing description (October 2023)
Colliers, under instructions from Shabnam Amirbeaggi of Crouch Amirbeaggi Receiver & Managers of NPC Golden Ox Pty Ltd, is pleased to present to the market as a freehold vacant possession opportunity The Golden Ox Restaurant and Reception Centre located at 330 Oxley Avenue, Margate for sale via an onsite Public Auction.
The property had previously enjoyed a long trading history as The Golden Ox, servicing the Redcliffe Peninsula as a licensed dining, wedding and function centre. The 1,831m* freehold land parcel is situated on the corner of McCulloch Avenue and Bank Street with a direct frontage to the busy thoroughfare Oxley Avenue. The 663m building interior contains a restaurant, bar and dividable function facilities connected to an outdoor garden area suitable for weddings, receptions, and other functions. The main floor sits above a 29 space car park and utility rooms.
The property has been issued with a Commercial Hotel Licence and Gaming Machine Licence (allowing up to 45 machines) with an approval from the Office of Liquor and Gaming Regulation for the refurbishment of the space to accommodate the planned gaming room. The existing Commercial Hotel Licence has approved trading hours from 10:00am to 12 midnight, 7 days a week.
The structure of the building, favourable District Centre Precinct zoning and high profile street location may lead a new owner to pursue other uses for the property beyond its current function as a licensed venue (STCA).
Margate is one of the seaside suburbs that makes up the Redcliffe peninsula situated 26km* radial kilometres northeast of the Brisbane CBD, in a growth area of South East Queensland.
The key investment attributes include:
Well established licensed restaurant/ function centre
1,831m* freehold land parcel with 3 street frontages
663m* internal space plus additional outdoor function centre spaces
Approval for gaming room (45 machines) refurbishment
Offered with vacant possession
Business assets (FF&E, licenses, business name) included in the sale
Centre Zone (District Centre Precinct) under Moreton Bay Regional Council
Significant repositioning/ redevelopment options for retail, commercial, medical and hospitality uses (STCA)
330 Oxley Avenue, Margate will be presented for sale at Public Auction to be held at the property at 11am (AEST) Thursday 26 October 2023. For further information please contact the exclusive marketing agent listed below.
*approximate
Property History for 330 Oxley Ave, Margate, QLD 4019
- 26 Oct 2023Sold for $2,502,500
- 18 Sep 2023Listed for Sale Please contact agent
- 01 Jul 2022Sold for $3,250,000
Recent sales nearby
See more recent sales nearby/assets/perm/g2el7k2raii65bnrpu6sf6frou?signature=d85aad18c0874426fee942785c15bcec17aa37cfe9f84f8ebcfc55b09c8d5097){kind=logo}
0
/assets/perm/jqek5rv5wai6ngmbpe7patjvcu?signature=0bee8af8b64296377985b2a620f5900678258ff70a22fb10573c15a7f014008a){kind=logo}
0/assets/perm/iiu4s252h4i6pba52ekrrixxwm?signature=b13f995cdd97e0bfa1845f3baa57feb9821132e37eb5a0a4ddaddc629725c46a){kind=logo}
0Similar properties For Sale nearby
See more properties for sale nearby
0
0
0
Similar properties For Rent nearby
See more properties for rent nearby
0
0
0
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 4,164 properties. Over the last 5 years, Houses in Margate have seen a 109.54% increase in median value, while Units have seen a 84.55% increase. As at 31 March 2026:
- The median value for Houses in Margate is $1,108,565 while the median value for Units is $854,568.
- Houses have a median rent of $625 while Units have a median rent of $520.
Suburb Insights for Margate 4019
Market Insights
Margate Trends for Houses
N/A
N/A
View TrendN/A
N/A
Margate Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
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.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
