This circa 1960's home caught in a time warp with the wall paper to match is waiting to be transformed into a modern entity or possibly gain local council approval to start over and erectyour own massive, modern marvel to the site just blocks from the waterfront.
If you decide to resurrect the sturdy chamferboard and metal deck roofed house with lovely street appeal you will be able to polish up the stunning hardwood flooring, install new attributes and enjoy comfortable living in close proximity to all necessities.
Accommodation comprises of lounge room with ceiling fan, kitchen plus air-conditioned meals area, three bedrooms (some with A/C), central bathroom, separate second toilet and internal laundry. A secure single garage with handy covered access to the enclosed verandah and entry and garden shed complete the improvements on this fully fenced allotment with plenty of promise.
Disclaimer
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes
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 4,149 properties. Over the last 5 years, Houses in Margate have seen a 108.34% increase in median value, while Units have seen a 89.45% increase. As at 28 February 2026:
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