FOR SALE
Offers From $899,000

327 Shakespeare Street
Mackay QLD 4740

Bedrooms: 6
Bathrooms: 3
Car spaces: 3
Land area: 809m2
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Outstanding Inner-City Investment Opportunity

A fantastic opportunity to purchase three solid brick units on separate titles in the sought-after CBD area of Mackay. Set on an 809 square metre block, the fully tenanted property is in the inner-city so is walking distance to city offices, shops, schools, pubs, restaurants, CQUniversity, medical centres and an abundance of other community facilities.
With a rental income of over $66,000 for the 3 units, along with low expenses and rental vacancies in Mackay of under 1 per cent, this property is an ideal opportunity for someone wanting to take advantage of Mackay's tremendous rental yields.
Each unit boasts:
• 2 spacious bedrooms
• 1 well-appointed bathroom
• Spacious open-plan living areas
• Air-conditioning to the bedrooms and living areas
• 1 secure car garage with internal access, plus additional parking bays
• Private, low-maintenance yards
With each unit on its own title and with a high rental yield, don't miss out on the opportunity to buy this outstanding asset in a high-demand area! Give Matthew Paul a call for more information and to arrange a private inspection.
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Property Details for 327 Shakespeare St, Mackay

327 Shakespeare St, Mackay is a 6 bedroom, 3 bathroom BlockOfUnits with 3 parking spaces. The property has a land size of 809m2. The place is currently for sale with Gardian Real Estate.

Building Type
BlockOfUnits
Land Size
809m2

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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 69 properties listed for sale, and 24 properties listed for rent in Mackay on OnTheHouse. According to CoreLogic's data, 229 properties were sold in the past 12 months in Mackay.

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Matthew Paul
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Gardian Real Estate
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