3/85 Margate Parade, Margate QLD 4019

Primely positioned on the complete Margate waterfront, enjoy multi-million dollar views without the price tag! Fall asleep at night to the sound of gentle lapping waves and wake up to stunning sunrises over the ocean.

From the outset, this property presents an array of options for the astute buyer and is ideal for those looking to make the sea-change and/or downsize. Since purchase, the current owners have updated the flooring in the kitchen and enclosed patio as well as installed new carpets. The unit is move-ready as is however there remains scope to modernise and personalise. Those seeking an investment will love the opportunity to own a highly in-demand unit, with the ability to achieve a healthy rental return.

The property incorporates a long list of features and is ideally positioned on the lower level of the complex. The open living plan allows ample natural sunlight and salty sea breezes to effortlessly flow through the entire unit. Enjoy the view all-year round, no matter the weather, from your private, screened sunroom.

The property features 2 sizable bedrooms with built-in wardrobes (the master featuring water views), ideal open living area and a well-appointed kitchen with oven, cooktop, oversized fridge cavity and plenty of storage & bench space. The bathroom incorporates both bathtub and shower, with laundry nook and separate toilet. Additionally, the unit includes a lock-up garage with shelving.

The complex is quiet and friendly, within walking distance to a long list of cafes, shops, schools, transport options and amenities.

Margate has a fantastic sense of community and is highly sought-after for those looking to make a sea change. Well-known for its parks and walking tracks, stroll along the waterfront and take in all that this destination suburb has to offer. You will have a plethora of options when it comes to dining out including Sunny's at the Sebel and award-winning Dolphins seafood. A short drive to discover all that the peninsula has to offer and quick highway access via the Houghton Highway Bridge.

Admin Fund: $1430 per annum
Sinking Fund: $970 per annum
Rates: Approx $480 per quarter
Water: Approx. $300 per quarter
Rental Appraisal: $450 - $480 per week

Contact Annabel Brooks on 0403 550 883.