96 Duffield Rd, Margate is a 10 bedroom, 4 bathroom Unit with 4 parking spaces and was built in 1960. The property has a land size of 1217m2 and floor size of 368m2. While the property is not currently for sale or for rent, it was last sold in May 2017.
4 new Hamptons inspired apartments with room for 4 more! all the work has been done to meet all build requirements for strata title! What a rare and outstanding opportunity for you to own a site that has 4 brand new 2 and 3 bedrooms units plus a development approval for another 2 duplex style properties!!
This development is an excellent income producer, returning $1,980 per week or $102,960 per annum, buy now, set and forget or build an additional 2 duplexes there by maximising the development on the site and also the returns.
The Location is superb, is less than 1 klm from the white sands of Margate Beach, Major Shopping, Medical Services plus beautiful parks and bikeways.
Strata and Sell them individually, Keep one or more for yourself and rent out the rest, or rent them all, the choice is yours.
If you have been looking for a great secure, easy care long term investment this is it, call us today for more information.
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 4,176 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:
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