33 Cowen Street, Margate QLD 4019

For Sale

7 beds

3 baths

1 parking

A Rare Opportunity in Margate: Prime Investment Potential

Positioned in the thriving coastal suburb of Margate, a mere 400 meters from the sparkling shores of Margate Beach, 33 Cowen Street offers an exceptional opportunity for investors and developers alike. Boasting Next Generation Neighbourhood zoning, this versatile property is set to benefit from the region's growth and appeal, making it a strategic asset for those seeking immediate rental returns and long-term development potential. With its proximity to Suttons Beach, Redcliffe's vibrant recreational precinct, and an array of local amenities, this is an unmissable investment.

This unique property comprises three self-contained units, each designed for modern living and refreshed to a high standard. With a combined layout of three units, 1 x four-bedroom, 1 x two-bedroom, and 1 x one-bedroom units, the property offers the flexibility to accommodate various tenant profiles. Each unit has been carefully upgraded with contemporary finishes, ensuring strong rental demand while providing an enticing holding income for future redevelopment plans.

Features:
Unit 1
- Four-Bedroom top floor unit
- Modern bathroom and updated kitchen
- Polished timber floors throughout
- Ceiling fans and front balcony capturing ocean breezes
- Freshly painted with crisp white tones
- Large living room, sun room and free flowing layout

Unit 2
- Two-Bedroom ground floor
- Good sized living room
- Updated kitchen
- Updated bathroom and with laundry
- Timber look flooring and ceiling fans
- Block-out blinds for privacy

Unit 3
- One-Bedroom ground floor
- Neat and tidy layout with tiled living spaces
- Bathroom with laundry facilities
- Freshly painted interior and block-out blinds

Extra features:
- On-street parking
- Fully fenced backyard with established low-maintenance landscaping
- Storage shed

Boasting an enviable east of Oxley Avenue position, residents can spend down time strolling along the waterfront and cooling off at Margate Beach. Suttons Beach is a quick 5-minute drive, while Margate Shopping Centre is less than 3 minutes away. Redcliffe Parade, with its bustling cafes, restaurants, and weekend markets, just 7 minutes away. Families will appreciate the proximity to quality schools and commuters will love the ease of access to Kippa-Ring Station, just 6 minutes away, providing direct rail links to the CBD. 20 minutes to North Lakes and 40 minutes to Brisbane means this lifestyle location delivers accessibility with ease.

Margate is a hub of opportunity, with consistent growth in property demand driven by its lifestyle appeal and proximity to Brisbane. Whether you're an investor seeking immediate returns or a developer looking to leverage the zoning for a future project, this property delivers unmatched potential in one of Moreton Bay's most sought-after suburbs.

Don't miss your chance to secure this incredible opportunity. Contact The Ben's today to take advantage of this standout investment.

Disclaimer:
In preparing this advertisement we have endeavoured to ensure the information contained is true and accurate. We accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.

Property Details

• Type: BlockOfUnits
• Bedrooms: 7
• Bathrooms: 3
• Toilets: 3
• Garage Spaces: 1
• Land Area: 405 m² (approx)

Features

• Floorboards
• Shed