10 Eveline Street, Margate QLD 4019

Multi-Income steams with Magnificent views East of Oxley Avenue

The first time I laid eyes on this home, affectionately known by locals as "THE LIGHTHOUSE" it took me a little while to process and understand how all the pieces of the puzzle came together and how much is truly on offer. Like a tardis, it just kept going and going. Just when I thought I'd seen it all, I'd turn around and wait, there was more! At the end I was expecting someone to throw me a set of steak knives and that's not a joke.

My thought's were racing. Here there is massive potential for multi-Income! It'd be brilliant for the super fund, but maybe it would suit a big family with several generations able to live separately under the one roof? Or you could live in a section and rent out the rest, helping you pay off the mortgage?

Now you've got part of the drift, let me walk you through it.

Position:
Perfect - perched on the very top of the hill on Eveline Street, it's WAY East of Oxley Avenue on a roomy 683m2 block with views to die for. At the bottom of the hill sits sandy Margate Beach with the walking tracks that connect it to Redcliffe, Woody Point and beyond.

The house itself is one that Dr Seuss would be proud to write the most fabulous story on. It literally is one property stacked onto the next then onto the next. Let's start at the bottom and work our way up.

The ground floor / basement level has a garage, a couple of rooms, a kitchenette and a separate entrance and bathroom this level is currently returning $325 per week and has been consistently rented for 10+ years. Lease expires 30th March 2022.

The next level (first floor) has a couple of bedrooms, 2 living area's, kitchen, bathroom, 2 front balconies and a massive rear entertaining deck. This level has great views from inside the property and a really nice beach-side feel. Combine the ground floor and first floor and you'd be looking at a lovely sized family home. But that's not it, here is where the fun begins.

Next level - let's go up!
Perched on top of the home is a full-sized 2 bedroom unit. That's right, it sits on top of the home. Incredibly it's built across 2 levels. That's right, 2 more levels with 2 balconies and an awesome mezzanine with the most incredible Bay, island and Peninsula views from everywhere. The "Observatory" / top floor is a really practical mezzanine / large living area. The unit gives the home it's lighthouse nickname and has been consistently rented for $380 per week fully furnished (currently vacant for sale).

The home has internal stairs that connect the levels, they can be (and are typically) locked when different groups occupy each of the levels. There are external stairs as well, loads of them. The steel work is like a massive Meccano set, it's something you just have to see to believe and we haven't finished yet, because wait, there is more.

Now we go outside.
Do you want an undercover in-ground pool? Well it's got that.
How about a decent sized back-yard? Yep, it's got that too.
What about a proper garage double garage complete with separate store-room and mezzanine level. Yes it's got that too.
Need more parking? In front of the garage is a double carport as well and naturally there is side access to the yard.

Water tanks, air-conditioners, fully fenced, solar panels, it's got it all. Phew, finally if you've read this far and expect more then it's time for me to throw in the final thing. You got it, a nice pack of 6 steak knives - you know I had to do it!

If you want to know more about this phenomenal home, call me. This is a GENUINE ONE OFF and we reckon you'll need to be quick. Once it's gone you will NEVER find another like it and that's our guarantee.........