78 Sorrento Street, Margate QLD 4019

911m2 of land with approximately 15.1 metre frontage and 60.6 metres in length.

A great opportunity for an application to council to develop this prime land parcel in one of the highest positions on the Peninsula.

The part that makes it a really exciting prospect is that it is so high that you can see the bridge and the bay from the top level.

Imagine building two brand new homes in this location and what they could return on your investment!

Alternatively you could keep the existing house and do renovations or move it towards the rear of the block and build brand new at the front.

Highlighting the opportunity on offer here is other properties in the same street that have been developed and split into two lots that were similar dimensions and size.

These examples are...

69 and 69A Sorrento Street, Margate
57 and 57A Sorrento Street, Margate
40 and 40A Sorrento Street, Margate

The house that is currently on the land is a three bedroom home with one bathroom and spacious living area and could be rented quite easily with a few minor alterations.

With interest rates at an all time low and a market that is gaining momentum the time to take advantage of renovation and development opportunities is now.

Imagine all the extra profit you will make as the market races forward.

This home absolutely must be sold NOW and all offers will be presented immediately.


911m2 Land
Uniquely High Position
Renovation Opportunity
Development Opportunity
Splitter Potential