24-28 Macdonnell Road, Margate
Listing data updated 3 Aug 2026
13 bed7 bath3 car0
- 1,935m²* total site area set across 4 x titles • Existing Development Approval for 40 apartments over 6 storeys with scope to further increase height limit^ • Holding Income of $196,300 across two residential dwellings and a whole block of 5 timber units • Capturing outstanding bayside views from the 3rd storey* and above • 24 Macdonnell Road - 3 Bedrooms, 1 Bathroom, Expansive balcony overlooking the picturesque backyard, single garage • 26 Macdonnell Road - Block of 5 units with 4x 2 bedroom, 1 bathroom units and a 1 x 1 bedroom, 1 bathroom unit • 28 Macdonnell Road - 2 bedroom, 1 bathroom, 1 car space • Highly desirable coastal location, positioned 400m* from the waterfront and Margate Beach and Suttons Beach, offering future residents immediate access to bayside walking paths, recreational areas, and uninterrupted coastal amenity • Redcliffe's vibrant town centre is within an easy 10-minute walk, providing a diverse mix of popular restaurants, cafés, boutique retail and short driving distance to Woolworths Margate • The surrounding area is particularly well suited to families, with schools located within walking distance of the site. This is complemented by an abundance of nearby parks, playgrounds, and community recreation facilities, including the Redcliffe Lagoon, one of the Peninsula's most popular family and tourist destinations • Approval strategically targeted towards owner-occupiers and downsizers, seeking a relaxed coastal lifestyle with strong community infrastructure at an affordable price in comparison with Sunshine Coast or southern Gold Coast markets • The Redcliffe Peninsula has experienced sustained urban renewal over recent years, with a notable uplift in both the quality and scale of residential development For Sale via Expressions of Interest Closing Thursday, 13 August 2026 4pm (AEST) *Approximately ^Subject to Council Approval
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RealistIQ estimate$1,218,000
$866,000$1,570,00012-month Property Outlook
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Property features
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Outdoor & building
Garden / courtyardBalcony / deck
Security & access
Secure parking
Listing details
- Status
- EOI Closing 13 Aug 2026 4pm (AEST)
Agent and agency
larger land