1 Boyce Street, Margate, Qld 4019

suit buyers above $1,300,000

Duplex Semi-detached
Type
5
Bedrooms
3
Bathrooms
2
Parkings
410 m²
Area

Last updated on Monday, July 06, 2026 ( See property details for 1 Boyce Street, Margate, Qld 4019)

suit buyers above $1,300,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A modern dual-key residence in Margate offering excellent rental income, coastal lifestyle, and versatile living options on a low-maintenance 410m² allotment.

🏡 Property Highlights

  • Dual-income stream with a total rental return of $1,070 per week
  • Modern construction completed circa 2019 with quality inclusions
  • Fully self-contained dual-key design offering versatile living options
  • Prime location just moments from Margate Beach and local amenities
  • Strong rental yields with secure tenancies in place
  • Spacious two-storey family residence with private yard and alfresco area

✨ Key Features

  • Air Conditioning
  • Built-in Robes
  • Dishwasher
  • Outdoor Area
  • Open-Plan Living
  • Security Screens / Gates
  • Ceiling Fans
  • Internal Laundry
  • Garage / Secure Parking
  • Waterfront / Views

Margate is a vibrant coastal suburb renowned for its stunning shoreline, relaxed lifestyle, and excellent amenities. Key points include: proximity to pristine beaches, a thriving local community, convenient access to shops and public transport, family-friendly parks and schools, and a strong rental market appealing to investors and residents alike.

What are the current rental yields and vacancy rates for this property?
The property currently generates a combined rental income of $1,070 per week, with secure tenancies in place, indicating a strong rental yield and low vacancy risk.
Are there any recent renovations or upgrades to the property?
Constructed circa 2019, the property features modern finishes and quality inclusions throughout, with no recent renovations noted.
What are the zoning and planning restrictions for this property?
The property is on a single title with dual-key configuration, suitable for investment or extended family living, with no specific zoning restrictions mentioned.
Is there any potential for future development or expansion?
Given the current dual-key setup on a 410m² allotment, future development options may be limited; however, further inquiries with local council are recommended.
What are the ongoing costs associated with owning this property?
Ongoing costs may include council rates, insurance, maintenance, and property management fees, with no specific costs detailed in the listing.
Are there any upcoming planned developments or zoning changes in the area that could affect property value? Are there any easements, covenants, or restrictions on the property that could impact future use or renovations? Has the property been inspected for pests, structural issues, or other defects? Are there any outstanding council or utility bills associated with the property? What are the terms of the current leases, and are there any rent review clauses or potential for rent increases? Is the property compliant with all building codes and safety regulations, including smoke alarms and pool fencing if applicable? Are there any known flood or bushfire risks in the area? What are the strata or body corporate fees if applicable, and what do they cover? Are there any restrictions or covenants related to pet ownership or outdoor modifications? Is there any ongoing or planned construction nearby that could impact noise levels or views?

1 Boyce Street, Margate, Qld 4019 - More Details

suit buyers above $1,300,000

Positioned just moments from the foreshore and the pristine shoreline of Margate Beach, this contemporary dual-key residence at 1 Boyce Street, Margate presents an exceptional opportunity to secure a high-performing investment within the highly sought-after Redcliffe Peninsula precinct.

Constructed circa 2019, the property comprises two fully self-contained dwellings on a single title, delivering a strong combined rental return of $1,070 per week. With excellent depreciation benefits and broad appeal to both investors and extended family living arrangements, this is a versatile and rewarding acquisition.

Dwelling One – Spacious Two-Storey Family Home
Currently leased at $650 per week until January 2027

Thoughtfully designed for modern living, the primary residence offers generous proportions across two levels. The ground floor features a contemporary galley-style kitchen complete with stone benchtops, stainless steel appliances, and a dishwasher, seamlessly connecting to the open-plan living and dining area with air-conditioning. A separate laundry, linen storage, and additional internal storage enhance functionality on this level.

Upstairs, the spacious master suite includes a built-in robe, private ensuite, and air-conditioning. Three additional bedrooms, each with built-in robes and ceiling fans, are serviced by a well-appointed family bathroom.

Additional features include a single lock-up garage with internal access, a covered alfresco entertaining area, and a fully fenced private yard ideal for children and pets.

Dwelling Two – Modern Low-Set Unit
Currently leased at $420 per week until June 2026

Privately positioned, the second dwelling offers a low-maintenance lifestyle with quality finishes throughout. It features an open-plan living and dining area with air-conditioning, a modern kitchen with dishwasher, and a generously sized bedroom complete with built-in robe and ceiling fan. A combined bathroom and laundry, along with a private tiled alfresco and spacious courtyard, complete the package.

Key Features:
- Dual-income stream returning $1,070 per week
- Modern construction with quality inclusions
- Secure tenancies providing immediate income
- Low-maintenance 410m² allotment
- Convenient location close to beaches, shops, schools, and public transport
- Turn-key Set and Forget (given both sides are fully leased with great tenants)

Offering a compelling combination of strong rental yield, modern design, and an enviable coastal lifestyle, this dual-key property represents a rare opportunity in a tightly held market. Whether you are expanding your investment portfolio or seeking a flexible living solution, this is an asset that delivers both immediate returns and long-term growth potential.

For further information or to arrange an inspection, please contact Mark Rumsey.
Type
Duplex Semi-detached
Bedrooms
5
Bathrooms
3
Parkings
2
Area
410 m²

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