36 Albert Street, Margate, QLD 4019

This exceptional property, located at 36 Albert Street, Margate, offers a fantastic investment opportunity with its three fully self-contained units returning $1230 per week. Set on a generous 506m? block, this property is positioned East of Oxley Avenue, just a short 400m stroll from the beautiful Margate Beach. Each unit is designed for independent living, providing a desirable rental return and making it ideal for investors or those seeking a multi-generational living arrangement. Every unit has been completely upgraded, featuring brand-new kitchens, stylish bathrooms, fresh flooring, and a sleek new paint job, ensuring a contemporary and low-maintenance living experience. These renovations not only enhance tenant appeal but also allow for premium rental returns.

Unit 1 Featuring:

? 2 Bedrooms 1 Bathroom on the second floor

? $450 Rent per week

? New commercial grade waterproof clip lock flooring

? Renovated kitchen with new appliances, newly renovated bathroom

? Airconditioning in the main bedroom

? Closed in balcony with a personal laundry

? Front and rear stair access

? Ceiling fans in the living area

? 2x Custom built in wardrobes

Unit 2 Featuring:

? 1 Bedroom 1 bathroom on the ground level

? $380 Rent per week

? Newly renovated kitchen with a combination laundry

? Renovated bathroom

? New commercial grade waterproof clip lock flooring

? 2x Custom built in wardrobes

Unit 3 Featuring:

? 1 Bedroom 1 bathroom on the ground level

? $400 Rent per week

? New commercial grade waterproof clip lock flooring

? Renovated kitchen with new appliances

? Additional storage area

? Rear access to an undercover deck and patio area

? Bathroom and laundry combination

? 1x Custom built in wardrobe

Additional Features:

? 506m2 Block with dual side access

? $1230 rental return per week = $63,960 per annum

? All renovated bathrooms have new toilets and modern showers, 3 coat wet seal in all wet areas with designer black tap ware and fittings in bathrooms

? All kitchens renovated with custom cabinetry and pantrys with laminated bench tops, tiled splash backs installed with stainless steel gas cook tops on bottled gas

? New commercial grade waterproof clip lock flooring in all dining and living areas

? New blinds throughout

? New power points throughout and coax for the TVs installed

? All new plumbing was installed throughout the building

? New light fitting and fixtures installed in all flats

? Solar external lighting added for safety and security

? Shared fire pit area

? NBN is available in all flats

? Separate meters for each flat to measure electricity consumption

? Spacious storage shed

? Outdoor tiled BBQ and entertainment area

The prime location of 36 Albert Street is one of its standout features. Nestled East of Oxley Avenue, this property is just a 400m walk to the stunning Margate Beach, offering easy access to the serene coastline and waterfront lifestyle. For added convenience, Margate Village Shopping Centre is a mere 800m away, providing an array of shops, supermarkets, and amenities. Families will appreciate the short 500m walk to Humpybong State School, making school drop-offs a breeze. This central location combines the best of coastal living with close proximity to essential services, making it highly appealing to tenants and residents alike.