25-27-29 Eveline Street, Margate QLD 4019

Immediately tempting to the budding renovator or expert developer, this prime piece of Redcliffe Peninsula real estate, set on the high side of the street and boasting a near 30m frontage and 12m height limit provides you with ample scope to enhance and transform or completely remove to make way for multiple brand-new properties (subject to council approval). Positioned in one of Margate's best streets, this expansive offering only 2 min to Margate Beach & Shopping precinct is sure to impress. This exceptional opportunity offers the successful purchaser a landholding that will deliver over time.

If you've been searching for your next project, then these prime allotments are extremely hard to beat! Set on a 1,365m2 allotment with a combined 29.7m frontage and 44.7m deep, zoned mixed residential (urban neighbourhood), with the exciting option to renovate or remove and start again. The current properties offer three tenancies returning $995/week, giving you the option to still receive an income while you plan your next step.

You'll be just moments away from the Margate Beach shoreline where you can start your mornings with a stroll along the foreshore and enjoy everything Margate has to offer.

Margate is a vibrant suburb offering eateries, beautiful gardens, terrific shopping, schools and an array of historical and cultural attractions. Redcliffe also boasts an impressive calendar of annual events and wonderful weekly markets. The wait to find your ultimate location is over. Act quickly as you won't be the only one looking for such a unique opportunity.

Tenanted with $995/week holding income
29.7m Frontage
44.7m Depth
12m Height Limit
Council Rates - $1,395/Qtr
Water Usage/Rates - $1,050/Qtr