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20 Chatham St, Margate

SOLD for $1,150,000

2 1 3 1,014 m2

LAND TO SUB-DIVIDE WITH POTENTIAL WATER VIEWS

First time offered in almost thirty years, this property will suit the savvy buyer who can see the potential for development. This is a lovely size block of 1014 sqm with two street access. The zoning is general residential within the next generation neighbourhood precinct which allows for a variety of development including dual occupancies, terrace housing, low and medium rise apartments, and townhouses.

The house is in need of major renovation and has not been lived in for a number of years. It is approximately 100 years old and has had several makeovers in that time - originally a timber home which has been bricked over.

The elevated corner block would be ideal for a sub division and two double storey homes with water views erected.

There is currently a triple colourbond garage on the block which is in very good condition.

The location is convenient with the beach, schools, medical facilities, bus transport and shopping centre close by. The elevated position means  there is always a cool breeze and it is flood free.

 

Disclaimer: This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty of representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.

Details

Address 20 Chatham St, Margate
Price SOLD for $1,150,000
Property Type Residential
Property ID 2095
Category House
Land Area 1,014 m2

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Jan Jones

0439 758 867