This is a unit located on a lot in 51/SP211874 Margate QLD. It has an estimated value of $900,000. The local council is Moreton Bay Regional - Redcliffe, featuring 9 bedrooms and 4 bathrooms.
SUPERB BLUE CHIP INVESTMENT - 4 UNITS on Massive 1217m2 Block Expand your portfolio and reap the returns for years to come. Ideally suited to long term investor/developer looking for Prime property with options as well as instant holding income with the potential to develop in the future.An outstanding and rare opportunity to secure an entire block of flats for sale as one title on a fantastic 1217sqm allotment, in a strong capital growth area. Positioned well with an easy walk to Margate Shopping Village and Margate Beach. The units are very well maintained and provide a great return on investment. This block would make an excellent holding investment/Super fund. Great long term tenants in place with rental yield of $56,940 per annum.Top Level has a spacious 3 bedroom flat plus a 2 bedroom flat both with one bathroom and a large open plan living, dining and kitchen area with individual balconies.Ground Level consists of 2 x 2 bedroom flats with one bathroom and a large open plan living, dining and kitchen area with individual balconies.This one is for the astute investor looking for a great residential investment in a prime location, this could well be one of the best opportunities you will see this year. Act fast to secure this gem in your portfolio.Rental returns1. $265 per week2: $265 per week3: $275 per week4: $290 per weekWith South East Queensland set to skyrocket where better to invest on a property that offers two key factors of big land and strong returnsThis is the one you are after but never seen it become available. UNTIL NOW!!Call Tracey to arrange a private inspection time to suit.