FOR SALE
$650,000

37 Macalister Street
Mackay QLD 4740

Bedrooms: 6
Bathrooms: 3
Car spaces: -
Land area: 1012m2
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Prime Investment Opportunity in Mackay CBD!

Nestled in the heart of Mackay CBD, this strategically located property offers the perfect blend of immediate returns and future development potential. With convenient access to a myriad of amenities including restaurants, cafes, and shopping centre, this is an investment opportunity not to be missed.
Currently boasting a weekly rental income of $1150 per week, this property presents an attractive proposition for savvy investors. Collect rent while you strategize and plan for future development projects, maximizing the potential of this prime location.
Comprising three two-bedroom units, each air-conditioned, along with additional storage rooms, this property offers both comfort and practicality. Situated on two titles and occupying a spacious 1012 sqm allotment, the possibilities for future development are endless.
Key Features:
Three spacious two-bedroom units offering comfortable accommodation
* Air-conditioning for year-round comfort
* Built-in storage in each unit for added convenience
* Additional storage rooms for practicality
* Two titles providing flexibility and potential for future development
* Centrally located in Mackay CBD, offering easy access to amenities and facilities
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Property Details for 37 Macalister St, Mackay

37 Macalister St, Mackay is a 6 bedroom, 3 bathroom House. The property has a land size of 1012m2. The place is currently for sale with First National Sarina.

Building Type
House
Land Size
1012m2

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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 3,485 properties. Over the last 5 years, Houses in Mackay have seen a 50.06% increase in median value, while Units have seen a 64.65% increase. As at 31 July 2024:

  • The median value for Houses in Mackay is $406,005 while the median value for Units is $322,522.
  • Houses have a median rent of $480 while Units have a median rent of $450.
There are currently 78 properties listed for sale, and 28 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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Wendy Pollock
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Daniel Pollock
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First National Sarina
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