6/23 Albert Street, Margate QLD 4019

3-bedroom flat | 1179sqm site | courtyard & secure parking | strong rental demand | near schools and coast This property is competitively positioned as a rare three-bedroom flat on a large 1179sqm site in Margate, offering a configuration that typically commands a premium over the local median. The built-in robes, air conditioning, and courtyard add practical liveability, while the dual car spaces and secure parking are a distinct edge in this market. It serves best a buyer seeking a solid rental hold or a downsizer wanting space without a house,the 173sqm internal area and proximity to Humpybong State School and transport reinforce its appeal to families or tenants. The primary risk is the strata title, which may limit capital growth compared to a standalone house, and the 57-day average days on market suggests a balanced rather than hot seller’s market. However, the absence of flood or bushfire overlay reduces insurance costs, and the 2014–2021 price trajectory shows consistent appreciation. This property should be held as a medium-term rental investment, with the large site offering potential for future redevelopment or subdivision if zoning permits,a quiet upside that adds strategic value.