36 Albert Street, Margate, Qld 4019

bedrooms 4
bathrooms 3
parkingSpaces 2
|Unit
For Sale
For Sale
Published on: 27 Sep 2024
Last updated on: 26 Oct 2024
36 Albert Street, Margate, Qld 4019
36 Albert Street, Margate, Qld 4019
36 Albert Street, Margate, Qld 4019
+24
36 Albert Street, Margate, Qld 4019
  • 24
  • 1
Property ID: 146106108
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Unique Opportunity in a Prime Location!

36 Albert Street, Margate, Qld 4019
This exceptional property, located at 36 Albert Street, Margate, offers a fantastic investment opportunity with its three fully self-contained units returning $1230 per week. Set on a generous 506m² block, this property is positioned East of Oxley Avenue, just a short 400m stroll from the beautiful Margate Beach. Each unit is designed for independent living, providing a desirable rental return and making it ideal for investors or those seeking a multi-generational living arrangement. Every unit has been completely upgraded, featuring brand-new kitchens, stylish bathrooms, fresh flooring, and a sleek new paint job, ensuring a contemporary and low-maintenance living experience. These renovations not only enhance tenant appeal but also allow for premium rental returns.

Unit 1 Featuring:
•	2 Bedrooms 1 Bathroom on the second floor
•	$450 Rent per week
•	New commercial grade waterproof clip lock flooring
•	Renovated kitchen with new appliances, newly renovated bathroom 
•	Airconditioning in the main bedroom
•	Closed in balcony with a personal laundry
•	Front and rear stair access
•	Ceiling fans in the living area
•	2x Custom built in wardrobes

Unit 2 Featuring:
•	1 Bedroom 1 bathroom on the ground level
•	$380 Rent per week
•	Newly renovated kitchen with a combination laundry
•	Renovated bathroom 
•	New commercial grade waterproof clip lock flooring
•	2x Custom built in wardrobes

Unit 3 Featuring:
•	1 Bedroom 1 bathroom on the ground level
•	$400 Rent per week
•	New commercial grade waterproof clip lock flooring
•	Renovated kitchen with new appliances
•	Additional storage area
•	Rear access to an undercover deck and patio area
•	Bathroom and laundry combination
•	1x  Custom built in wardrobe 

Additional Features:
•	506m2 Block with dual side access
•	$1230 rental return per week = $63,960 per annum
•	All renovated bathrooms have new toilets and modern showers, 3 coat wet seal in all wet areas with designer black tap ware and fittings in bathrooms
•	All kitchens renovated with custom cabinetry and pantrys with laminated bench tops, tiled splash backs installed with stainless steel gas cook tops on bottled gas 
•	New commercial grade waterproof clip lock flooring in all dining and living areas
•	New blinds throughout
•	New power points throughout and coax for the TVs installed
•	All new plumbing was installed throughout the building
•	New light fitting and fixtures installed in all flats
•	Solar external lighting added for safety and security
•	Shared fire pit area
•	NBN is available in all flats
•	Separate meters for each flat to measure electricity consumption 
•	Spacious storage shed
•	Outdoor tiled BBQ and entertainment area

The prime location of 36 Albert Street is one of its standout features. Nestled East of Oxley Avenue, this property is just a 400m walk to the stunning Margate Beach, offering easy access to the serene coastline and waterfront lifestyle. For added convenience, Margate Village Shopping Centre is a mere 800m away, providing an array of shops, supermarkets, and amenities. Families will appreciate the short 500m walk to Humpybong State School, making school drop-offs a breeze. This central location combines the best of coastal living with close proximity to essential services, making it highly appealing to tenants and residents alike.

Property Details

Basic Info

Property Type
Unit
Listing Status
On Market
Parking Spaces
2
Land Size
506.00 m2
Rooms
4 bedroom(s), 3 bathroom(s)
Address
36 Albert Street, Margate, Qld 4019

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Cameron Cullen
Cameron Cullen
Sheldon Pitama
Sheldon Pitama
57 Kirby Rd, Aspley, Qld 4034
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Cameron Cullen
Cameron Cullen
Sheldon Pitama
Sheldon Pitama
57 Kirby Rd, Aspley, Qld 4034
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      Property ID: 146106108

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