Real Estate Industry Partners

4 Cowen Street, Margate QLD 4019

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Floorplan

4 Cowen Street, Margate QLD 4019

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Offers Over $885,000

Bedrooms
4 beds
Bathrooms
2 baths
Parking
2 parking

2 Flats - 160m To Margate Beach.

Often sought, but rarely offered - Multiple income streams.

The perfect investment, or the perfect site for your dream home.

2 flats only meters down Sandy Lane to kilometers of sandy beach, walking paths, cafes, bars and restaurants - the location is amazing!

Both dwellings are oversize in their proportions, with a single bedroom plus office for flat 1 and 3 bedrooms and an office for flat 2. Both offer separate dining rooms adjacent to the kitchen and spacious living rooms.
With M.B.R.C. zoning falling under the Next Generation Neighborhood Precinct, there is a permissible building height of up to 12m with an opportunity to capitalise on nearby water views.

Options are aplenty:-
- Hold and maintain as they currently are
- Renovate for an improved yield
- Re-build with a new multiple dwelling (S.T.C.A.)
- Re-build a single dwelling in a prime location

These opportunities are few and far between, don't delay - contact Mike for further information, internal photos or a video walkthrough today.

Property Details

  • Type: House
  • Bedrooms: 4
  • Bathrooms: 2
  • Carport Spaces: 2
Homes4U Pty Ltd

Homes4U Pty Ltd

322 Oxley Avenue, Margate QLD 4019

07 3049 9999

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MIKE SMITHERS

Call Mike Smithers on
0402221163

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