FOR SALE
Offers from $398,000

Nelson Street
Mackay QLD 4740

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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River Views, Perfect Investment

With a tenant in place paying $600p/w, there is absolutely nothing to do except add this one to your portfolio and watch the growth. With 2 good size bedrooms, both having built in robes and ceiling fans and the main having water views and the all essential ensuite. There is a lovely office area to the centre of the apartment along with a built in laundry and central bathroom. Open plan living with modern kitchen and stone top benches, dishwasher, undercover entertaining, full split system air and all the modern creature comforts you or your tenants could need. The property also comes fully furnished. There is lock up car parking, an elevator, a large, shared roof top BBQ and kitchen area with tables and chairs, TV, large chess game and gorgeous river and city views. If you're a savvy investor or an executive looking for location and convenience, this one is a must see. Walking distance to Shops, restaurants, Currently tenanted until 19/11/2024. Rates $ 1,728 per half year.

Property Details for 27/5 Nelson St, Mackay

27/5 Nelson St, Mackay is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. The place is currently for sale with @realty.

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About Mackay 4740

The size of Mackay is approximately 4.4 square kilometres. It has 12 parks covering nearly 5.3% of total area. The population of Mackay in 2011 was 4,070 people. By 2016 the population was 3,642 showing a population decline of 10.5% in the area during that time. The predominant age group in Mackay is 20-29 years. Households in Mackay are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Mackay work in a professional occupation. In 2011, 31.8% of the homes in Mackay were owner-occupied compared with 31.8% in 2016.

Mackay has 3,484 properties. Over the last 5 years, Houses in Mackay have seen a 49.91% increase in median value, while Units have seen a 89.33% increase. As at 31 August 2024:

  • The median value for Houses in Mackay is $415,637 while the median value for Units is $335,295.
  • Houses have a median rent of $490 while Units have a median rent of $450.
There are currently 77 properties listed for sale, and 29 properties listed for rent in Mackay on OnTheHouse. According to CoreLogic's data, 219 properties were sold in the past 12 months in Mackay.

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Jodie Cowin
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@realty
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.