325 Oxley Avenue Margate QLD 4019

Description

Fully Leased Free-standing Investment. Future Development Upside. 345sqm of Building on 501sqm of Land.

My Agent Aus is is pleased exclusively to present 325 Oxley Avenue, Margate to the market for sale. A fully leased corner site offering four income producing tenancies across residential and commercial NLA, zoned District Centre under the MBRC Planning Scheme. Clear Instructions to Sell via Offer to Purchase to be submitted in writing to My Agent Aus.

Property Highlights:
* 501sqm land area with approximately 345sqm* of total building area across residential and commercial tenancies
* Four tenancies, all leased and producing income
* 215sqm* of residential NLA across two units. 1 x 2 Bedroom, 1 Bathroom 1 Car Space Unit + 1 x 1 Bedroom, 1 Bathroom, 1 Car Space unit.
* 130sqm* of commercial NLA across two tenancies including: Bottle & Barber Shops.
* District Centre Zoning, MBRC Planning Scheme
* Supports retail, commercial and medium to high density residential
* Current Gross Income: $89,500.00*
* Current Outgoings: $11,700.00*
* Current Net Income: $77,800.00*
* Corner position with Substantial Development Upside.
* Clear Instructions to Sell via Offers To Purchase to be submitted in writing.
* approximately.

Location Advantages:
* Positioned on Oxley Avenue with high daily traffic volume and strong street exposure, surrounded by an established retail and commercial strip serving the broader Margate and Redcliffe Peninsula catchment.
* Walking distance to Humpybong State School and a short drive to Redcliffe State High School, Peninsula Fair Shopping Centre, the Redcliffe CBD and waterfront precinct.
* Approximately 35km north of Brisbane CBD with easy access to the Bruce Highway, connecting the site to both the northern growth corridor and greater Brisbane.


Contact Agent:

Manoli Nicolas
Director & Head of Sales and Leasing
0400 082 170
[email protected]

Harry Groom
Sales & Leasing Executive
0450 112 881
[email protected]

Disclaimer:
All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy, and interested parties should make and rely on their own enquiries. This property is being sold by auction or without a price, and therefore a price guide cannot be provided. Any price filtering applied by the website is for functionality purposes only.