206 Oxley Avenue, Margate
Sold for $ 620,000
Investors Alert - First Time Offered Block of Units - Property ID: 881473
This Block of 3 x 2 bedroom flats is being offered for sale for the first time. Built in 1969 and lovingly cared for, the owner is reluctantly selling this very solid timber and tile property. The property is ideally located in the heart of the booming Redcliffe Peninsula, only a short distance (550 metres) from the Margate shopping and medical precincts and 500 metres from Margate Beach. Current rental returns are available upon request, however they are not a true indication of the investment potential as the owners have lived in one of the flats since they were built. The other two flats are rented for substantially under true market value. So there is significant additional upside in this guilt edged investment.
Auction Saturday the 3rd September 2016 at 11.00am